POINTT trains students in the importance of fostering innovation and strategy as it pertains to developing and marketing intellectual property.
Program on Innovation and Technology Transfer focuses on the need for developing an innovation based economy around the world. As we move away from a manufacturing based economy to an innovation centric model it becomes important to foster the innovation based, understand how to mine that intellectual capital and effectively transfer that knowledge to benefit the public. This process has taken shape in several successful innovation ecosystems such as the Silicon Valley, San Diego, Research Triangle Park (RTP), Boston and now New York. The basis for the formation of a successful ecosystem is a public-private partnership that thrives on trust and collaboration.
The POINTT @ RU provides training in the various facets of building an innovation ecosystem with hands on training to professionals around the globe. Instructors with wide range of expertise converge in this program to train professionals from industry, university and government entities. This training becomes the basis for executing on a model that works for that specific region.
All programs are customized for a specific region based on the needs of the region, the technology expertise in that region, the students attending the particular training. The length of course varies from one week to six weeks with the students staying on campus for the entire duration of the course. The training is not only in-class but also outside of class interaction with the instructors.
The unique part about this training is the interaction with industry in the tri-state region, venture capital, key government entities like the USPTO, policy makers at the State and National level, technology transfer offices of top universities, inventors and world renowned faculty members.
The training prepares officials from government entities to not only understand the process of creating an innovation economy but makes them leaders in their community where they are able to train other leaders. The goal of the program is a “train the trainer model” where the training received by the 30-40 students can then be disseminated around the region where they come from.
Most of the courses offered are directly through a government of NGO to a select group of students. The student are handpicked by the entity but then go through additional screening to ensure that they are ready fro this course. Participants outside of that group is highly selective, based on the permission of the agency requesting such course and the discretion of the POINTT Director.
- Innovation strategy
- Technology commercialization
- Funding for technology startups
- Marketing of technology
- Evaluation of technology
- Intellectual property strategy
- Business development
- Finance and accounting basics
- How to run a small business
- Forming a Public Private Partnership (PPP)
- Industrial collaborations
- University – Industry collaborations
- Using today’s technology – cloud and crowd
Professionals who are engaged in the business of innovation and technology transfer, economic development, government agencies, small and medium sized enterprises, inventors, entrepreneurs, policymakers, university administrators, faculty members interested in startups and inventions, students.
- Technology evaluation
- Valuation of technology, IP and company
- Negotiation of licenses and intellectual property
- Marketing strategy
- Sales and business development
- Setting up collaborations with industry and academia
- Effective role of government in setting up ecosystem for innovation
- Open innovation
- R&D strategy of small, medium and large corporations
- Going to market strategy for small companies
- Venture capital model
- Angel investment model
- Stages of capital in startups
- Proof of concept funds – how to setup for success?
- Should government setup investment funds
- Role of entrepreneurs in evolving an innovation ecosystem
- Technology specific strategies such as life sciences vs. software
- Assessment of risk
- Utilizing public markets for capital raising
- Changing landscape of regulations and policies
- How policies affect growth of technology based ecosystems
- Best practices for innovation in corporations
- Open innovation practices among corporations
- Change in strategy for innovation regionally
Sample program outline:
- What is innovation?
- How to harvest intellectual capital of an organization?
- What is tech transfer?
- Best practices in technology transfer
- Business development
- Venture capital model
- Other investment models
- Setting up angel investment models
- How to run a startup
- Finance and accounting
- University industry collaboration
- Setting up an innovation ecosystem
- Public private partnerships
- Role of government
- Technology specific strategies for innovation