Keep in mind that many of the judges are shopping for employees. This is your chance to impress them. You might get a job out of it. Plus, the skills we’re talking about today are relevant for the rest of your life: getting a job or your next slug of funding, pitching projects internally, negotiating for salary/promotion. Even if you become a professor, you’ll be selling all the time as you try to get lab equipment or funding. Like it or not, you will constantly be selling for the rest of your professional life in order to advance your career.
The Composites and Advanced Materials Expo (CAMX) is going on this week in Dallas, and Fuentek’s Jaffer Hussein is there representing NASA and its portfolio of materials and coatings technologies. This portfolio of breakthrough innovations will benefit industrial, commercial, and residential uses and is organized on a website to make it even easier for prospective licensees to explore and locate relevant inventions. Stop by Booth ZA-128 to talk to Jaffer about the NASA technologies
Co-authored by Laura A. Schoppe and Richard W. Chylla, Ph.D. Collaboration between well-matched partners is a synergistic way for a company to enter a clearly defined, adjacent market based on breakthrough technology to achieve higher growth. University and government labs across the United States collectively represent a potentially useful partner, given that they have capabilities, expertise, and intellectual property (IP) portfolios that support commercial products. And because many of them are keen to partner with industry, they have been simplifying their policies and offering new programs to facilitate collaboration. Today’s blog post summarizes one such university program, and we provide specific advice for entering into discussions with potential collaborators… and knowing when it’s time to move on.
Two weeks ago Tech Transfer Central’s eNews Blog featured a new effort by the Purdue Research Foundation to pool its resources with several related organizations — including other research centers and an entrepreneurial incubator — to increase innovation, research grant awards, and tech transfer throughout Indiana. According to the original news release, this collaboration will be managed by a board of advisers composed of local and state stakeholders as well as educational and economic partners. This struck me as a great example of the value provided by foundations that reside outside of the state university structure and own/manage the institution’s intellectual property (IP). Several state universities have implemented foundations to manage their technology transfer programs, entrepreneurship support, and more. These foundations can take advantage of greater flexibility in deal structure, reduced bureaucracy, more autonomy, and a broadening of services. For example,…
It’s no secret that universities, research institutes, and government labs are excellent sources for innovations that can jump-start new product development. Rather than sink significant resources into starting from scratch internally, companies can leverage others’ technologies. Doing so can not only save money, but it also reduces the risk associated with the early stages of the innovation pipeline. This is often called the technology sourcing part of open innovation. What is less clear to some companies is how to make technology sourcing a reality. Below are some tips that Fuentek has developed based on a decade of helping clients…
Today you get a sneak peek at a webinar I’ll be moderating next Tuesday, July 21st to teach technology transfer offices (TTOs) how to coach researchers on speaking with potential collaborators, funders, licensees, and others. These skills also apply when the innovator is launching a startup and talking to venture capitalists (VCs)… even those featured on Shark Tank. Called “Best Practices for Coaching Researchers on Pitching to Investors, Licensees, and Partners,” this Technology Transfer Tactics webinar will focus on…
Last month I had the opportunity to serve on a panel discussing the implementation of open innovation models in developing countries at the Franklin Pierce IP Center based in the law school at the University of New Hampshire. Titled “IP and Open Innovation: Challenges in Global Development,” this conference brought together a wide range of professionals, professors, and researchers with expertise in open innovation. (Thanks to Stan Kowalski for inviting me!) For my presentation, I discussed how developing economies would be well served by approaching their R&D and IP management through what we at Fuentek call Symbiotic Innovation. As I’ve blogged before, Symbiotic Innovation involves working both sides of the R&D and commercialization equation at the same time….
At one time or another, most technology transfer offices (TTOs) — particularly at universities, government labs, and other non-corporate entities — are asked why discoveries aren’t getting into the marketplace faster. Or more frequently. Or both. Whether this question comes from innovators, administrators, or legislators, TTOs say they struggle to answer it clearly and succinctly. Explaining the complexities of technology transfer is not easy, yet it is easy to sound defensive. Over time, we at Fuentek heard from so many tech transfer professionals about this being a challenge that we decided to do something to help them with this explanation. Since a picture is worth a thousand words, we developed an infographic that lays out a representative path from innovation to product launch. Entitled “The Road to Technology Transfer,” the infographic moves from…
We have returned from New Orleans and are settling back into our daily routine in our respective offices and enjoying/battling the snow. Thinking back over the AUTM® National Meeting this past week, a few highlights are sticking with me and the rest of the Fuentek leadership team that attended the conference. Today’s post shares those highlights with you. Enjoy!
Fuentek will be in New Orleans for AUTM 2015. You can find us at Booth #202 and in two sessions: Best Practices to Maximize Potential on a Small Campus – Monday at 10:30am (Track A) and All Aboard! Getting Faculty on the SRA Train – Monday at 3:30pm (Track C).
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