Three Keys for Bolstering Innovation in Promotion and Tenure Decisions

Three Keys for Bolstering Innovation in Promotion and Tenure Decisions

Three Keys for Bolstering Innovation in Promotion and Tenure Decisions

In late May, I had the pleasure of facilitating a conversation on Incorporating Innovation and Entrepreneurship Activities into Promotion and Tenure Decisions through a webinar with Tech Transfer Central. This session, featuring Rich Carter of Oregon State University and Almesha Campbell of Jackson State University, highlighted the most recent developments with the Promotion and Tenure – Innovation and Entrepreneurship (PTIE) Coalition and also outlined key tips for individuals leading conversations on this subject on their campuses.

In case you missed it, I’ve laid out some key takeaways from that webinar below. We hope that these will be useful wherever you and your organization are on the journey of improving the promotion and tenure process.

Emphasize societal impact.

When advocating for the inclusion of commercialization activities in promotion and tenure criteria, it’s critical for technology transfer offices to emphasize that this is a way to support the social relevance of the university’s research. It’s also important to mention that this shift is intended to support a greater degree of academic freedom—faculty impact is intrinsically linked to the university’s mission, and the PTIE coalition is hoping to bolster that impact, not restrict it.

In general, faculty members may not identify with language that highlights the economic or market impacts of their work, but are more likely to be excited about their research generating real-world, societal solutions. A few helpful phrases that have proven effective are below.

 

Culture change takes time.

Those of us excited about this new way forward are looking for quick solutions and fast results. As Rich and Almesha reminded us, though, change takes time. Tech transfer offices and engaged researchers can do their part by sharing commercialization impact metrics and success stories of faculty entrepreneurs with key administrative stakeholders. It’s important to be patient with each other, to communicate clearly, and to build trust. Carefully cultivating relationships produces faculty advocates who will then champion this cause in their departments.

It’s also important to be getting the word out about this work as much as possible. Almesha shared the wide variety of ways she incorporates the PTIE effort into her activities—in her own office, at conferences, entrepreneurship gatherings, and at meetings with other university officials from across her state. Use resources available from the PTIE coalition as well as quantitative and qualitative internal data to make your case.

We’re all in this together.

The right approach for encouraging innovation and entrepreneurship in university promotion is a network systems approach to change. This means that this policy and culture shift should be adopted collectively by a large number of universities together, so as to eliminate disparities in standards across the academic community. If we do it right, we can use this interconnectedness to our advantage.

The PTIE coalition is working together to make sure everyone’s voice is heard, and Almesha shared how this was evident during last year’s PTIE summit. The summit resulted in a set of adopted recommendations for universities beginning this process—these recommendations represent a wide diversity of institutional perspectives, and the coalition is always eager to hear input from folks who are making change from the bottom up.

Rich wrapped up the session by reminding us that this work is training the next generation of entrepreneurs, and that we can imagine that generation to be as diverse and inclusive as we want it to be. I find this vision inspiring and truly feel that recognizing the value of innovation offers a significant opportunity for also meeting goals related to diversity and inclusion. I look forward to what else is in store for this movement.

If you missed the webinar, where we shared a variety of tools including step-by-step conversation guides for approaching key university stakeholders, we hope you’ll tune into the recording, available from Tech Transfer Central. Use our exclusive coupon code for $50 off the purchase price: FTT50

We’d love to hear what you thought of this session and how you might be seeing this conversation play out in your own community. Reach out to us with questions, comments, and feedback or if you’d like help implementing this type of initiative at your institution.

The Tools You Need to Change the P&T Paradigm

The Tools You Need to Change the P&T Paradigm

The Tools You Need to Change the P&T Paradigm

In April 2020, as many of us were just getting used to a new virtual way of working, Fuentek facilitated a panel on Promotion and Tenure (P&T) Trends as part of the online 2020 AUTM Annual Meeting. This session offered several pathways for integrating a new P&T approach that incorporates faculty innovation and entrepreneurship activities into current university policies. The session also introduced the Promotion & Tenure Innovation & Entrepreneurship (PTIE) Coalition, a group of universities who were gathering to develop a plan for inclusively recognizing the impact of innovation and entrepreneurship within P&T guidelines.

 

Over the last year, the PTIE effort has made incredible strides:

  • Over 68 universities have joined the coalition as formal members.
  • The coalition has developed, approved, and publicized a clear set of recommendations universities can use to start increasing recognition of innovation and entrepreneurship.
  • Many coalition members are seeing tangible shifts in their institutions’ P&T processes.
  • The PTIE organizing committee is now preparing for their next summit in 2022.

We know academic institutions still have a long way to go, though, and the prospect of making change on such a large scale can feel intimidating, especially if university administrators are not quick to recognize the importance of this issue. For this reason, Fuentek is teaming up with Tech Transfer Central to offer a webinar designed to support anyone interested in playing a role in this change.

Webinar Is Next Week!

Incorporating Innovation and Entrepreneurship Activities into Promotion and Tenure Decisions (Wednesday, May 26, 2021 at 1:00 pm ET)

 I’m so excited to host two leading experts in this national conversation–Rich Carter of Oregon State University and Almesha Campbell from Jackson State University. In addition to answering your questions, we’ll offer:

  • Best practices for institutional shifts toward a tenure and promotion process that encourages inventors and potential start-up founders to participate in commercialization
  • Easy ways to get involved with the PTIE network that can support you in the charge
  • A variety of scripts for navigating tricky conversations with key stakeholders at your universities, like your provost, vice provost, and faculty senate, as well as deans and department chairs

(left to right) Rich Carter of Oregon State University, Almesha Campbell of Jackson State University, and Fuentek’s Danielle McCulloch

Even the biggest challenges can feel a bit easier when we work together. If you’re passionate about making your promotion and tenure process more inclusive, know that there’s a whole network here to support you. We hope you’ll join us for this encouraging and exciting discussion—click here to register (or buy the recording) now. Use our exclusive coupon code for $50 off the purchase price: FTT50

And if you have any questions you’d like the panel to address, or if you want to learn more about how Fuentek can support your institution’s policy changes, please don’t hesitate to get in touch.

See you on May 26!

Fuentek at Virtual #AUTM2021

Fuentek at Virtual #AUTM2021

Fuentek at Virtual #AUTM2021

Fuentek will join hundreds of global technology transfer professionals next week for the AUTM 2021 national meeting. This year’s virtual format makes the event accessible to tech transfer professionals everywhere, so we’re looking forward to meeting some new people as well as reconnecting with colleagues. We’re an Exhibitor, we’re hosting an AUTM session, and we’re trying something new with our Tools in 10 mini sessions. These 10-minute sessions are open to everyone. You do not need to be part of the AUTM meeting to attend just click on the links below. Read on to learn how to find us throughout the week and what to expect at our virtual booth in the Exhibit Hall.

Visit our Exhibitor Booth

Be sure to “stop by” our virtual booth for a free mini consultation with one of our tech transfer experts to talk through a problem or learn more about how we can cost-effectively complement your in-house capabilities. You can find us in the Exhibitors section of the conference website.

The booth is open the same hours as the Exhibit Hall. You’ll find a tool that will enable you to email or text us to schedule an appointment. You can also schedule time with any of us through AUTM Connect by clicking on the Meet Me button on the Fuentek page. You can also submit your information via our website’s Contact Us form ahead of time to be sure to get your preferred time slot. We’re looking forward to talking with you!

Attend our AUTM session

Inventor Portals: Invention Disclosures and Beyond, (AUTM session 1F), Monday, 3/15 at 1:15pm EDT. Fuentek Vice President Becky Stoughton will lead a discussion with Daniel Catron, Executive Director of the Office of Technology Transfer at Scintillon Institute, and Travis Woodland, Director of Innovation and Intellectual Property at Portland State University. They’ll examine the experiences of several TTOs that have online portal systems and offer tips on best practices—and potential pitfalls—on implementation. We had terrific response to a survey we conducted earlier this year (thank you to all who responded!) and will reveal results during the session. Regardless of the kind of IP management system you use, this session has something for everyone.

New this year: ‘Tools in 10’ mini sessions

Tools in 10 are short mini sessions on timely topics. Give us 10 minutes and we’ll give you actionable tools to help your TTO be more efficient and effective. We are offering two of these sessions next week. Remember: you do not need to be part of the AUTM meeting to attend—just click on the links below to join.

Tools in 10: Helping Inventors Engage with Industry, Tuesday, 3/16, 3:00pm EDT (join). Fuentek Vice Presidents Danielle McCulloch and Becky Stoughton will give you the tools you need to help researchers engage more effectively with potential licensees, research sponsors, and partners. Come for the fun and leave with downloadable worksheets (plus extra time for Q&A).

Tools in 10: Effectively Using Performance Metrics, Wednesday, 3/17, 1:30pm EDT (join). Knowing your data—and what it means—helps your TTO monitor and adjust objectives, influence decisions, and avoid unpleasant surprises. Fuentek President Laura Schoppe will show you how to crunch the data to ensure your TTO is leveraging key performance metrics.

(left to right) Fuentek’s Becky Stoughton, Danielle McCulloch, and Laura Schoppe will host sessions at AUTM 2021 on inventor portals, helping inventors engage with industry, and effectively using performance metrics.

What if I’m not attending AUTM 2021?

Many Fuentek events are open to all this year!

  • Schedule a free mini consultation to talk through a problem, share a success, or gain strategic insights.
  • Attend one of our Tools in 10 sessions (details above)
  • Download our brochure to learn how we help universities, research institutions, and corporations achieve their goals through proactive IP management.

In these unusual times, it’s more important than ever to optimize productivity. Contact us to discuss how we can help your organization. ‘See’ you next week!

 

Before Submitting SBIR/STTR Proposals, Request Free TABA Support

Before Submitting SBIR/STTR Proposals, Request Free TABA Support

Before Submitting SBIR/STTR Proposals, Request Free TABA Support

Small businesses submitting Phase I proposals to NASA this Friday have a valuable opportunity to request up to $6,500 in additional funding for Technical and Business Assistance (TABA).

A relatively new program, TABA provides funding that is separate from the R&D budget for your SBIR/STTR project. So, TABA lets you obtain valuable market data and commercialization guidance at no additional cost to you.

Fuentek has pulled together some key information about SBIR/STTR’s TABA program here, and we invite small businesses to include Fuentek as your TABA vendor since we have the experience, expertise, and qualifications to provide you with valuable services.

We’ve made it quick and easy to include Fuentek in your Phase I proposal, giving you everything you need:

  • Our full contact information and DUNS number as your TABA vendor
  • A description of our expertise and knowledge
  • A summary of our services for two documents that you will be able to include in the future when you apply for Phase II funding:
    • TABA Needs Assessment
    • Commercialization and Business Plan
  • Costs for these services for you to reflect in the TABA section of your Phase I proposal

Fuentek’s TABA services will strengthen your applications for future Phase II and post-Phase II/III funding. More importantly, they will give you an effective strategy for moving your R&D into commercialization in both federal and non-federal markets.

To include Fuentek as your TABA provider, simply visit our Contact Us page and submit the following information:

  • The SBIR/STTR category for which you are applying
  • The title of your proposal and a sentence about the outcome you hope to achieve with the funding
  • Your company’s name, mailing address, and phone number
  • The name, job title, and contact information for the proposal’s principal investigator
  • Your company’s website (if available)

If you have questions, feel free to call us at 919-267-1200.

Data Benchmarking to Evaluate Technology Transfer Office (TTO) Performance

Data Benchmarking to Evaluate Technology Transfer Office (TTO) Performance

Data Benchmarking to Evaluate Technology Transfer Office (TTO) Performance

Over time new leadership, reorgs/reboots, rapid expansions, or new priorities can result in the need to take stock of where you are, where you are headed, and how to get there. For university Technology Transfer Offices (TTOs), a review of performance, structure, and functions—particularly in comparison to peer organizations—provides the opportunity to optimize internal operations, enhance engagement with internal and external customers (e.g., inventors and industry) and stakeholders (e.g., administration, board of directors, legislators), and revise policies and procedures to better align with current goals.

Getting to a high return on investment starts with sufficient funding and resources.Tracking data metrics helps TTOs revise policies and procedures to align with goals.

Tracking data metrics is one way to accomplish key goals as well as prepare for future opportunities to offer input on economic development, technology development, and more. AUTM’s Statistics Access for Technology Transfer (STATT) database is a great starting place for gathering critical information helpful for beginning a review. The STATT online tool is particularly useful for sifting through a myriad of data on licensing activity, startups, funding, royalties, and more to help TTOs evaluate program effectiveness.

But not all universities are equal in terms of research expenditures, staffing levels, and other metrics helpful in determining program effectiveness. For this kind of targeted comparison, we recommend that universities determine a reasonable and comparable data set to help benchmark performance against not only the AUTM pool but also a subset of peer institutions. Such peer group comparisons are much more helpful for measuring and benchmarking a host of key parameters.

Normalize Data for Meaningful Comparisons

So how to determine similarity? A key measure is research expenditures because funding drives innovation, aka invention disclosures. For a practical comparison, both funding levels and sources need to be comparable. It’s not useful to compare a university that brings in $50 million in research funding with another that scores $1 billion because the resources available do not scale linearly. Additionally, separating institutions with medical schools from those without is important since the size and number of licensing deals tend to be disparate.

Any meaningful comparison of TTO performance requires normalizing data to ensure consistent and appropriate comparisons. We look at data ratios to understand performance. For example, two universities can be considered peers—even though one has $100 million in research expenditures while the other has $200 million—but it would not be reasonable to expect them to have the same number of invention disclosures. By normalizing the number of invention disclosures and other parameters with research expenditures it’s possible to evaluate the efficiency and effectiveness of operations.

For example, in the above graphic, the institution is innovating and disclosing inventions at a similar rate to its peers, but it clearly has less staff in the TTO to enable commercialization. The administration may view this information with pride that the TTO is very efficient (is doing more with less). However, the analysis of the licensing data in the graphic below shows that the staff is likely overwhelmed with processing inventions and unable to dedicate time to marketing the technologies and executing licenses.

Our normalization approach allows universities to use AUTM’s STATT data to analyze performance.

Results Aid Planning and Advocacy

In addition to staffing and licensing, we look at many other parameters to identify strengths and vulnerabilities in areas such as funding, patenting, startups, and department/college participation. This kind of data analysis into past and current performances helps TTOs pinpoint where they need to augment or trim down staffing, adjust patent reimbursement licensing policies, set realistic metrics, and other actions to streamline operations. And for universities that are setting lofty research goals (think new university president that announces 2030 road map), these measures can also provide TTOs with the ammunition they need to convince administrators they require more resources if they are expected to help the institution attain new objectives—or maybe even help them understand the reality of the math ?.

We have lots of experience helping university clients evaluate data, develop strategies, and present the findings to top administrators (sometimes an outsider needs to be the one to show what you already know). If you aren’t into delving into excel spreadsheets while quarantined at home, get in touch and we can do it for you.