How to foster industry collaboration Georgia Institute of - - PowerPoint PPT Presentation

How to foster industry collaboration

Georgia Institute of Technology

Ernesto Escobar

About me

FLOMERA

IRI Workshop June 6, 2018

Atlanta

• Population of metro Atlanta ~ 6 million
• World’s busiest airport
• Global centers: CNN, Coca-Cola, UPS, Delta
• 3rd largest concentration of Fortune 500s in U.S.

Georgia Tech

• Largest Engineering School in the U.S.
• Georgia Tech Student enrollment:

~25,000+ (including 14,000 undergrads) ~ 5,000 international from 127 countries

• Mission: Improve the human condition through

science and technology

Welcome to Atlanta and Georgia Tech

IRI Workshop June 6, 2018

Georgia Tech Rankings

University producing “best startup talent”

#1

Engineering degrees awarded to women

#1

Best Graduate Engineering Program

#8

Engineering degrees awarded to all minorities

#1

Best Undergraduate Engineering Program

#4

IRI Workshop June 6, 2018

Basic to Applied Research and Economic Development

• GT Annual Budget: $1.8B*
• Sponsored Exp.: $800M+
• (Research Contracts & Grants)
• Georgia Tech is a major

driver of economic activity for Atlanta and the region:

• $3.2B annual total economic

impact

• *About 16% from the State of GA

IRI Workshop June 6, 2018

GEORGIA TECH FOUNDED IN 1885

SHOPS & FOUNDRIES – INNOVATION FOCUS

IRI Annual Meeting, Atlanta June 6, 2018

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IRI Workshop June 6, 2018

GEORGIA TECH FOUNDED IN 1885

SHOPS & FOUNDRIES – INNOVATION FOCUS

IRI Annual Meeting, Atlanta June 6, 2018

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IRI Workshop June 6, 2018

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INNOVATION ECOSYSTEM STRATEGY

• Instill entrepreneurial confidence in students and faculty
• Focus on interdisciplinary research in strategic areas
• Flexible contracting and IP terms for industry
• Development and support of Innovation Neighborhoods
• Broad engagement for economic development

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Enterprise Innovation Institute

Interdisciplinary Research Institutes Play a Key Link in the Innovation Ecosystem

Increasing Commercial Maturity

Increasing Technology Maturity Increasing Breakthrough Potential

Academic Research Interdisciplinary Research Institutes Georgia Tech Research Institute

Discovery Research Use-Inspired Basic Research Applied Research Technology Maturation & Deployment

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TODAY’S INNOVATION ECOSYSTEM

(MANY COMPONENTS)

Capstone Design - ~500 industry funded projects/year InVenture Prize Georgia Tech’s “Shark Tank” CREATE X supporting student entrepreneurs Many “maker space” locations across campus

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20+ Corporate Innovation Centers around campus Professional Education Incubators and Accelerators

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Interdisciplinary Research Centers (IRIs) Innovation Neighborhoods Tech Square

TODAY’S INNOVATION ECOSYSTEM

(MANY COMPONENTS)

Global Learning Center

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GT Startup-Innovation-Entrepreneur Ecosystem

Conceptual Landscape of Sample Programs and Affiliates

Research GT:IPS I-Studio

Education Invention & Ideation Translation Deployment Scale Graduate Students Undergraduate Students Faculty Entrepreneurial & Industrial Communities Customer Validation

TI:GER

State Dues/Fees/Equity Sponsors Tuition Federal

Legend: Primary Funding Source

Startup Competition CRID Conference I-Corps VentureLab & GRA Startup Academy InVenture Prize ATDC Incubator: Educate Startup Exchange Startup House CIC Student Competition Ideas 2 Serve ATDC Incubator: Accelerate ATDC Incubator: Signature Create-X: Learn, Make, Launch ATDC-Industry Connect Startup Gauntlet Flashpoint Embedded Industry Labs & Innovation Centers Global Center for Medical Innov.

• Interop. Integrat. Innov. Lab (I3L)

Capstone Design

What is innovation?

How to innovate?

COMBINED METHODOLOGY CONTINUUM

Baghai, Mehrdad, Stephen Coley, and David White. The Alchemy of Growth, 1999.

(Exploit) (Expand) (Explore)

Traditional Investment Approach New Tech Companies Approach

40% 30% 30%

CORPORATE INNOVATION: TRADITIONAL

Stage 0: Ideation Stage 1: Concept Dev Stage 3: Capability Stage 2: Feasibility Stage 4: Transfer

Ideas Business

OPEN INNOVATION: CASE WITH UNIVERSITIES

Stage 0: Ideation Stage 1: Concept Dev Stage 3: Capability Stage 2: Feasibility Stage 4: Transfer

Ideas Business

University Research University Students University Innovation Culture University Startups

It applies the same to other partners that may no be universities

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20 + CORPORATE INNOVATION CENTERS

IN THE TECH SQUARE NEIGHBORHOOD

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GEORGIA TECH R&D LANDSCAPE

INTERDISCIPLINARY RESEARCH INSTITUTES:

HIGH-IMPACT, REAL-WORLD RESEARCH AND ECONOMIC DEVELOPMENT

IRI Workshop June 6, 2018

Georgia Tech’s Contracting Continuum

www.industry.gatech.edu BASIC APPLIED DEMOS TESTING

Industry Collaboration Matrix

Attributes Program Details and Examples

Student Recruiting Solicits active participation from industry for student recruiting events on campus or at corporate offices Student Engagement Engages industry in student immersion activities such as research projects, internships, coop programs, student organizations, capstone, hack-a-thons, and competitions Contract Research and Joint Federal Proposals Offers forward facing research enterprise such as alignment of research labs into larger interdisciplinary centers, offering single point of entry for industry, creation of industry friendly contract continuum with clear IP rights Innovation Sourcing Offers industry access to student, faculty, and researcher commercialization activities and their startups through a formal, curated matchmaking process. On-site Corporate Innovation Centers Proactively engages with industry to land corporate innovation teams on or adjacent to campus to gain access to talent, knowledge, laboratories, unique equipment, translational research facilities, and innovation Technical Assistance Provides technical assistance programs to industry (especially small and medium-sized companies) in region including manufacturing extension, procurement assistance, soft landing programs, etc. Professional/ Executive Education Offer robust programs for up-skilling technical capabilities of industry employees Development Office Dedicates effort to forming collaborations with industry through gifts, donations, and philanthropy to benefit joint collaborations with faculty and students Advisory Boards Actively involves industry on advisory boards for academic programs and

Student Engagement Engages industry in student immersion activities such as research projects, internships, coop programs, student

• rganizations, capstone, hack-a-thons, and competitions

INDUSTRY COLLABORATION MATRIX Student Recruiting Solicits active participation from industry for student recruiting events on campus

• r at corporate offices

Contract Research and Joint Federal Proposals Offers forward facing research enterprise such as alignment of research labs into larger interdisciplinary centers, offering single point of entry for industry, creation of industry friendly contract continuum with clear IP rights Innovation Sourcing Offers industry access to student, faculty, and researcher commercialization activities and their startups through a formal, curated matchmaking process.

INDUSTRY COLLABORATION MATRIX (CONTINUATION)

On-site Corporate Innovation Centers Proactively engages with industry to land corporate innovation teams on or adjacent to campus to gain access to talent, knowledge, laboratories, unique equipment, translational research facilities, and innovation

INDUSTRY COLLABORATION MATRIX (CONTINUATION)

Technical Assistance Provides technical assistance programs to industry (especially small and medium-sized companies) in region including manufacturing extension, procurement assistance, soft landing programs, etc.

Professional/ Executive Education Offer robust programs for up- skilling technical capabilities of industry employees INDUSTRY COLLABORATION MATRIX (CONTINUATION) Development Office Dedicates effort to forming collaborations with industry through gifts, donations, and philanthropy to benefit joint collaborations with faculty and students

Advisory Boards Actively involves industry on advisory boards for academic programs and research centers and solicits industry involvement in university wide strategic planning INDUSTRY COLLABORATION MATRIX (CONTINUATION) Vendor Relationship Develops formal vendor relationships with industry to purchase materials, services, and equipment

INDUSTRY COLLABORATION MATRIX (CONTINUATION)

Types Processes Relationships Structures Companies Agreements

Questions?

Ernesto Escobar – ernesto.escobar@innovate.gatech.edu Innovate.gatech.edu

Thank you!