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Technological Innovation: Generating Economic Results NSF IGERT Program Presentation REE October 27, 2004 Marie Thursby Hal and John Smith Chair for Entrepreneurship College of Management TI:GER ®
Cross-University Graduate Program in Technology Entrepreneurship ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Industry Survey on PhD Graduates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Need for TI:GER trained PhDs “Biggest Problem(s) in R&D” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Need for TI:GER trained MBAs and JDs- Understanding Technology Helps
Comprehensive Goals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
TI:GER vs.  Traditional Graduate Programs PhDs PhDs Science Classes/Labs Interdisciplinary Research Centers Engineering Classes/Labs JDs & MBAs PhDs Law/Mgt Classes Thesis Research Econ/Mgt Classes Clinics/Internships Market Informed S&E Research Graduates aware of technical, legal, market, interpersonal, & communication issues Mgt/Law/Econ Research on the Innovation Process TI:GER Core multi-disciplinary teams & classes Multidisciplinary Research: Engineering, Science, Management, Law & Economics
Activities By Year (PhD Candidates) TI:GER Participation 1 2 3 4 5 Entrepreneurial Finance, Legal Issues in Technology Transfer Organizational Entrepreneurship, Special Topics in Technology Mapping, Technology Venture Creation S&E Courses Regular RA/TA S&E Courses Regular RA/TA Principles of Management Innovation Fundamentals TI:GER Teams & Workshops Innovation Electives TI:GER Case Course TI:GER Teams & Workshops
MBA Program MBA 1 2 MBA Core Innovation Fundamentals TI:GER Teams & Workshops InnovationElectives TI:GER Case Course TI:GER Teams & Workshops TI:GER Participation 1 2 3 4 5 PhD Program
Emory JD Program JD 1 1 1 2 3 4 5 PhD  Program TI:GER Participation 2 3 Corporate Finance IP/Business Law/ Tax Concentrations TI:GER Case Course TI:GER Teams & Workshops Law Core Business Associations Patent, Copyright & Trademark Law Innovation  Fundamentals TI:GER Teams & Workshops
Fundamentals of Innovation (Year 1) Patterns of Technological Change Introduction to Intellectual Property Law Developing the IP Strategy Discovering and Framing the Market Opportunity Entrepreneurial Finance Commercialization Planning Fundamentals of Business Associations Start-Up Business Planning and the Path to Profitability Securities Law
Special Topics in Innovation  (Year 2) Business Planning Workshop Entrepreneurial Spawning Seminar ( Josh Lerner) Patent Prosecution Workshop Venture Capital Financing Simulation  Ethical Challenges in Developing and Commercializing New Life Sciences Technologies Seminar
Unique Team Experience  Hypothesis formation Scientific merit; technical feasibility Proof of concept Testing and validation Prototype Refinement and scale-up Market forecast Prior art,   economic and social impact Legal  landscape Competitive analysis Risk, product and platform definition Intellectual Property Protection Patent or copyright Business creation or license Capitalization Commercialization strategy Full market analysis (e.g. pricing, cost) Business Associations Contractual issues INTEGRATED RESEARCH  S&E/ MGMT /LEGAL   ISSUES
Summary Student Statistics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Keys to Collaboration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Challenges ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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T I G E R

  • 1. Technological Innovation: Generating Economic Results NSF IGERT Program Presentation REE October 27, 2004 Marie Thursby Hal and John Smith Chair for Entrepreneurship College of Management TI:GER ®
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  • 5. Need for TI:GER trained MBAs and JDs- Understanding Technology Helps
  • 6.
  • 7. TI:GER vs. Traditional Graduate Programs PhDs PhDs Science Classes/Labs Interdisciplinary Research Centers Engineering Classes/Labs JDs & MBAs PhDs Law/Mgt Classes Thesis Research Econ/Mgt Classes Clinics/Internships Market Informed S&E Research Graduates aware of technical, legal, market, interpersonal, & communication issues Mgt/Law/Econ Research on the Innovation Process TI:GER Core multi-disciplinary teams & classes Multidisciplinary Research: Engineering, Science, Management, Law & Economics
  • 8. Activities By Year (PhD Candidates) TI:GER Participation 1 2 3 4 5 Entrepreneurial Finance, Legal Issues in Technology Transfer Organizational Entrepreneurship, Special Topics in Technology Mapping, Technology Venture Creation S&E Courses Regular RA/TA S&E Courses Regular RA/TA Principles of Management Innovation Fundamentals TI:GER Teams & Workshops Innovation Electives TI:GER Case Course TI:GER Teams & Workshops
  • 9. MBA Program MBA 1 2 MBA Core Innovation Fundamentals TI:GER Teams & Workshops InnovationElectives TI:GER Case Course TI:GER Teams & Workshops TI:GER Participation 1 2 3 4 5 PhD Program
  • 10. Emory JD Program JD 1 1 1 2 3 4 5 PhD Program TI:GER Participation 2 3 Corporate Finance IP/Business Law/ Tax Concentrations TI:GER Case Course TI:GER Teams & Workshops Law Core Business Associations Patent, Copyright & Trademark Law Innovation Fundamentals TI:GER Teams & Workshops
  • 11. Fundamentals of Innovation (Year 1) Patterns of Technological Change Introduction to Intellectual Property Law Developing the IP Strategy Discovering and Framing the Market Opportunity Entrepreneurial Finance Commercialization Planning Fundamentals of Business Associations Start-Up Business Planning and the Path to Profitability Securities Law
  • 12. Special Topics in Innovation (Year 2) Business Planning Workshop Entrepreneurial Spawning Seminar ( Josh Lerner) Patent Prosecution Workshop Venture Capital Financing Simulation Ethical Challenges in Developing and Commercializing New Life Sciences Technologies Seminar
  • 13. Unique Team Experience Hypothesis formation Scientific merit; technical feasibility Proof of concept Testing and validation Prototype Refinement and scale-up Market forecast Prior art, economic and social impact Legal landscape Competitive analysis Risk, product and platform definition Intellectual Property Protection Patent or copyright Business creation or license Capitalization Commercialization strategy Full market analysis (e.g. pricing, cost) Business Associations Contractual issues INTEGRATED RESEARCH S&E/ MGMT /LEGAL ISSUES
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  • 16.