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“Strength in Numbers” Technology Transfer Tactics November 18, 2010

“Strength in Numbers” Technology Transfer Tactics November 18, 2010 www.innovationtransfernetwork.org. Today’s Agenda. Introductions How ITN Got Started How the Program Changed and Evolved Challenges/Lessons Learned Accomplishments. Introductions.

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“Strength in Numbers” Technology Transfer Tactics November 18, 2010

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  1. “Strength in Numbers” Technology Transfer Tactics November 18, 2010 www.innovationtransfernetwork.org

  2. Today’s Agenda • Introductions • How ITN Got Started • How the Program Changed and Evolved • Challenges/Lessons Learned • Accomplishments

  3. Introductions • Dr. Rick Basom Director of Research & Planning, Elizabethtown College • Ms. Jennifer Hammaker, Director of Business Development, Innovation Transfer Network • Dr. Marian Walters, Associate Dean for Research, Penn State Harrisburg

  4. Getting Started • Early Vision and Partners • Economic Development Linkages • Economic Development Partnerships • 13 Regional Small Colleges and Universities • 3000 Faculty and 50,000 Students

  5. Getting Started • Initial Program Concept and Funding • Initial Funding Period: 5 years • Early Program Elements • Access to IP Expertise • Access to templates • Summer Seed Grants: faculty/industry partnerships

  6. Program Expansion • Events • Outside Speakers • Panel Discussions • Industry/Faculty • SSGX • Software Productization Center

  7. Program Expansion • Faculty/Faculty • Research Symposia • NSF Proposals • Seed Grant Funding • Faculty/Industry

  8. Program Expansion • “Enclave” Online Community • Academic Profiles • Business Profiles • Blog • Video • Economic Dev. Resource • Encourage Connections • Easy for Media

  9. Challenge #1 • Institutional Buy-In • Lessons Learned: • Deans/Administration • Senior level, access to Provost • Active Board Involvement • Willingness to Commit Resources

  10. Challenge #2 • Faculty Engagement • Lessons Learned: • Grassroots • Online • Cross-Campus • Entrepreneurs • Commercialization • Student Experience

  11. Challenge #3 • Conflicting Priorities: Business vs. Faculty • Lessons Learned: • Clarify the expectations • Manage the timeline • Different financial considerations

  12. Challenge #4 • Cultural Chasms • Lessons Learned • Progress slow but sure • Stay committed and look long term • Think funding early and often • Does IP count for promotion and tenure?

  13. Challenge #5 • Sustainability • Active Board Engagement & Leadership • Willingness to lead grant applications • Pursue Multiple Options Simultaneously • Economic Development Partners are Key

  14. Accomplishments Increased Relationships with Business Community • Trends • Market Research • Software Development • $500,000 in Seed Grant Investments

  15. Accomplishments Increased Collaboration Between Faculty • Within Institutions • Across Departments • Across Campuses • Across Institutions

  16. Accomplishments Increased Student Involvement • Real World Experiences • Networking • Visibility/Interaction with Business Leaders

  17. Accomplishments Increased Interaction b/w Institutional Leaders • $600,000 NSF/PFI Grant • $800,000 Regional BioFuels Center

  18. @itnwk (Twitter) itnwk@psu.edu 717.948.6455 www.innovationtransfernetwork.org

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