In 2012, Lehigh University launched a new master’s degree in technical entrepreneurship. The cross disciplinary approach opened the door to graduate school education in technical entrepreneurship for students from all academic backgrounds, creating a melting pot of experience, skills and aspirations in the classroom. This one-year, 30-credit professional master’s program (M.Eng.) in technical entrepreneurship helps student entrepreneurs create, refine, and commercialize intellectual property through the licensing or launching of a new business. Students in the program learn by experiencing the idea-to-venture process in an educational environment that’s hard-wired to support the development of novel, innovative, and commercially-viable technologies. Attendees will hear about the types of students from the first cohort, the perspective of the faculty members responsible for developing and implementing the curriculum, and lessons learned.

1. Create and Launch Your Company in One Year

2. A Different Kind of Graduate Program
• Dedicated Curriculum – Customized to Your Needs
• Dedicated Faculty – Mentors and Advisors
• Dedicated Facilities – Private Lab and Classroom
… Make Your Ideas Into Reality
2

3. Dedicated Curriculum
SUMMER SESSION – SKILL BUILDING
• Intellectual Property
• Creativity and Innovation
• Prototyping
• Visual Thinking
3

4. Dedicated Curriculum
FALL SEMESTER – DESIGN
• Product and Customer
• Business Model
• Finances
• Startup Team
4

5. Dedicated Curriculum
SPRING SEMESTER – LAUNCH
• Startup Team & Resources
• Frist Customers
• Product Launch
• Company Launch
5

6. Dedicated Faculty
John Ochs, Director, Technical
Entrepreneurship
• Computer-Aided Design Computer-Aided Manufacturing
• Integrated Product Development
• Industry Consultant and Startups
• Mechanical Engineering and Mechanics
6

7. Dedicated Faculty
Marc de Vinck, Baker Professor of Creativity
• Industrial design
• Product developer at MAKE Magazine
• Arduino and micro-controllers
7

8. Dedicated Faculty
Dr. Michael Lehman, Professor of Practice
• MD and MBA
• Entrepreneurship development
• Commercialization of new technologies
8

9. Dedicated Faculty
Brian Slocum, Director, Design Labs, Wilbur Powerhouse
• Prototyping and metal working
• Integrated Product Development
9

10. Dedicated Staff
Lisa Getzler-Linn,
Administrative Director
Brenda Kahn, Coordinator
Amy
White, Communications
10

11. Dedicated Facilities: Wilbur Powerhouse

12. Dedicated Facilities: Resources
Project Spaces
3D Digital Scanner Professional CAD, Graphics
& Animation Computer Lab
Fully Staffed
Industry-grade
Workshop
Rapid Programmable
Prototyping Router

13. Meet the Students
Our current cohort includes students with undergraduate degrees in
engineering, design arts, global studies, psychology, architecture, journalism, political
science, and supply chain management.
13

14. Meet the Students
“I want to develop products to
make life easier or more fun. This
program gives me a ton of new
creative and innovative
techniques.”
“I’m learning all the
tools I need to start a
“I get to have fun!”
business.”
14

15. Successful Student Companies
Systems for Reef
Aquariums
~$5M annual revenue
• IPD Entrp. Project
• Thalheimer Winner
• NCIIA Natl. Winner
• Garage Incubator
• IPD Masters of Engr.
• VENTURESeries
• KIZ Funding
• ESC-Agile PA
• Ben Franklin Tech
• MRC, BEDCO
• Nanotech Center
• PSGE & ILR mentor
National
Winner

16. Successful Student Companies
• IPD 3-Semester Project
• Thalheimer Winner
• Levin Advanced
Technology Winner
• NCIIA National Winner
• Garage Incubator
• VENTURESeries
• Innovation & Leadership
Residency
• KIZ Funding
• 2010 March Madness for
the Mind National
• Venture Well East 2010 Winner
• IPD Sponsor
• PSGE Mentor
America’s Top 25 Best Young Entrepreneurs 2010

17. Successful Student Companies
hField Technologies, Inc
IBE Freshman Workshop
IPD Masters of Engineering
Thalheimer Competition Winner
Powerhouse Garage Incubator
PA State KIZ Grant
Agile PA Grant
Ben Franklin Grant & Incubator
Rising Tide Community Loan Fund

18. Successful Student Companies
George Guest LTD designs and
manufactures backpacks for
outdoor enthusiasts, travelers, and
everyday use – founded by George Social networking
Keeler ‘09 site Viddler allows
users to upload, edit,
Opening 2 weeks after graduation, and share digital
Lehigh Valley Grand Prix provides photos – founded by
high-speed indoor go-kart racing – Rob Sandie ‘06
founded by Mike McCreary ‘07
Identity Finder, LLC is a leader in data loss and
identity theft prevention services – founded by
Todd Feinman ‘90

19. www.lehigh.edu/innovate

20. Create and Launch Your Company in One Year
“Innovation, fueled by creativity, is this generations most import
economic development engine.1”
110 tenets of an entrepreneurial mindset, John Ochs, www. USAtodayeducate.com, May 24, 2012

21. A 40-year Journey
• Acoustics (interdisciplinary)
• Computer generated animation
• Computer-Aided Design and Computer Aided
Manufacturing (CAD/CAM)
• Engineering Design – Industrial Design – Capstone Design
Projects
• Integrated Product Development
• Technical Entrepreneurship
21 October 31, 2012

22. IPD Process
Innovation is the engine driving economic
development
Other
Paying Customers
Purposes Revenues
Investment in Innovation
Innovation Products
Engine Manufacturing
Services
People invest in new products/services because the expected yield in
long term growth and sustainability is greater than other alternatives

23. Tenets of an Entrepreneurial Mindset
1. Innovation, fueled by creativity, is this generations most
import economic development engine.
2. The greatest opportunity for innovation occurs at the
intersection of disciplines
3. Innovation is a process that can be best learned by doing it
4. Greatest chance for successful innovation comes from cross
disciplinary teams
5. The market defines success
23 October 31, 2012

24. Tenets of an Entrepreneurial Mindset
6. All constraints are self imposed. The world is your
resource.
7. Fail early and often to succeed sooner – fail, learn and try
again.
8. Learn to embrace risk, it’s the flip side of benefits and value
9. Successful innovation requires a team and leadership
10. A track record of ethical behavior leads to trust and faith in
entrepreneurs to lead.
24 October 31, 2012

25. IPD Overview
5-Step Development Process
Project and Process Management
3
Manufacturing
Development 4
2
1 Manufacturin 5
3 g Ramp-up
Conceptual Service &
Opportunity Product
Design & 4 Customer
Scanning Development
Product Support
Planning Market
3 Introduction
Market
Development
IP Documentation and Data Management

26. IPD Overview
Ulrich & Eppinger’s Product Development
Process Focusing on Steps 1, 2 and 3
Mission
Statement Development
Identify Establish Generate Select Test Set Plan Plan
Customer Target Product Product Product Final Downstream
Needs Specifications Concepts Concept(s) Concept(s) Specifications Development
Customer and Company Development
Perform Economic and Business Analysis
Benchmark Competitive Products
Build and Test Models and Prototypes
Track and Secure Intellectual Property

27. A proven track record of successful
student start-ups …

28. A Proven Track record of
Successful Student Start-ups
Tech Startups Services
• Viddler.com • Lehigh Valley Grand Prix
• Orion Security LSP • Vital Conversions
• Gigmax.com Fashion
• hField Technologies • Simply-Anti Apparel
• EcoTech Marine • George Guest Ltd.
• Lifeserve Innovations • Hillary Caroline Jewelry
• Squareknot NGOs
• Challtech • Soccer without Borders
• Jamii Water
28 October 31, 2012

29. A proven track record of successful student
start-ups along with a nationally
recognized entrepreneurship ecosystem …

30. Infrastructure
& Other Related
Courses
Educational
Programs
Related
Organizations
LEHIGH
Entrepreneurship
Ecosystem

31. Infrastructure
& Other Related
Courses
Educational
Programs
Ben Franklin
Office of Technology
Technology Transfer & Partners Keystone
Commercialization
Innovation
Manufacturers Resource Zone
Center Related
Organizations SBDC
Center for Advanced
Materials & Nanotech
LEHIGH
Center for
Optical Technologies
Entrepreneurship
Ecosystem
Life Sciences
Greenhouse
Baker
Institute

32. Infrastructure
& Other Related
Courses
Integrated
Entrepreneurship Product
Minor Development Computer Science
& Business
VentureSeries Executive
Certificate Integrated
Educational Business &
MBA Corporate Programs Engineering
Entrepreneurship
IDEAS
Enterprise System
Center Ben Franklin
Office of Technology
PA Governor’s Technology Transfer & Partners Keystone
Institute for Personal Commercialization
Innovation
Finance & Entre- Zone
preneurial Education Manufacturers Resource
Center Related
Integrated Real Organizations SBDC
Estate Center for Advanced
Materials & Nanotech
Design Minor & LEHIGH
Design Majors
Center for
Optical Technologies
Entrepreneurship
Community
Fellows
Ecosystem
Life Sciences
Global Village Greenhouse
Leadership Baker
Lehigh Institute
Masters in Technical
Entrepreneurship

33. Thalheimer
Student Entrepreneurs Competition “Garage” Student Start-up Incubator
Lehigh Entrepreneurs Network Wilbur Powerhouse
Infrastructure
L. Pool Memorial Scholarships Office of Student
& Other Related Leadership
for Entrepreneurship Development
Courses
Undergraduate Engineer
Entrepreneur Fund Integrated
Entrepreneurship Product
Iaccoca Institute
Minor Development Computer Science
& Business
Professional Education Seminars
VentureSeries Executive
Certificate Integrated
Educational Business &
Small Business Counseling
MBA Corporate Programs Engineering
Community Consulting Practicum Entrepreneurship
IDEAS
The Business of Life Science Enterprise System
Center Ben Franklin
Office of Technology
Leadership Breakfast Series PA Governor’s Technology Transfer & Partners Keystone
Institute for Personal Commercialization
Innovation
Development & Marketing Finance & Entre- Zone
of New Products preneurial Education Manufacturers Resource
Center Related
Integrated Real Organizations SBDC
Bioengineering Capstone Design Center for Advanced
Estate
Materials & Nanotech
Business Information Systems Practicum
Design Minor & LEHIGH
Capstone CE & IE Design Projects Design Majors
Center for
Optical Technologies
Entrepreneurship
Production & Marketing of
Sound Recordings
Community
Fellows
Ecosystem
Life Sciences
Global Village Greenhouse
Martindale Center
Leadership Baker
Microfinance Lehigh Institute
Masters in Technical
Entrepreneurship

34. Successful Student Companies
Systems for Reef
Aquariums
~$15M annual revenue
• IPD Entrp. Project
• Thalheimer Winner
• NCIIA Natl. Winner
• Garage Incubator
• IPD Masters of Engr.
• VENTURESeries
• KIZ Funding
• ESC-Agile PA
• Ben Franklin Tech
• MRC, BEDCO
• Nanotech Center
• PSGE & ILR mentor
• IPD Sponsor
National
Winner

35. A proven track record of successful
student start-ups along with a nationally
recognized entrepreneurship ecosystem
has led to the development of a different
kind of graduate program in Technical
Entrepreneurship…

36. A Different Kind of Graduate Program in
Technical Entrepreneurship
• Dedicated Curriculum – Customized to Your Needs
• Dedicated Faculty – Mentors and Advisors
• Dedicated Facilities – Private Lab and Classroom
… Make Your Ideas Into Reality
36

37. Dedicated Curriculum
SUMMER SESSION – SKILL BUILDING
• Intellectual Property
• Creativity and Innovation
• Prototyping
• Visual Thinking
37

38. Dedicated Curriculum
FALL SEMESTER – DESIGN
• Product and Customer
Development
• Business Model
• Finances
• Startup Team
38

39. Dedicated Curriculum
SPRING SEMESTER – LAUNCH
• Startup Team & Resources
• First Customers
• Company Launch
• Product Launch
39

40. Dedicated Faculty
John Ochs, Director, Technical
Entrepreneurship
• Computer-Aided Design Computer-Aided Manufacturing
• Integrated Product Development
• Industry Consultant and Startups
• Mechanical Engineering and Mechanics
40

41. Dedicated Faculty
Marc de Vinck, Baker Professor of Creativity
• Industrial design
• Product developer at MAKE Magazine
• Arduino and micro-controllers
41

42. Dedicated Faculty
Dr. Michael Lehman, Professor of Practice
• MD and MBA
• Entrepreneurship development
• Commercialization of new technologies
42

43. Dedicated Faculty
Brian Slocum, Director, Design Labs, Wilbur Powerhouse
• Prototyping and metal working
• Integrated Product Development
43

44. Dedicated Staff
Lisa Getzler-
Linn, Administrative
Director
Brenda Kahn, Coordinator
Amy White,
Communications
44

45. Dedicated Facilities

46. A proven track record of successful
student start-ups along with a nationally
recognized entrepreneurship ecosystem
has led to the development of a different
kind of graduate program in Technical
Entrepreneurship open to all
entrepreneurially minded students from
any major…

47. Meet the Students
Our current cohort includes students with undergraduate degrees in engineering,
design arts, global studies, psychology, architecture, journalism, political science, and
supply chain management.
47

48. A proven track record of successful student
start-ups along with a nationally recognized
entrepreneurship ecosystem has led to the
development of a different kind of graduate
program in Technical Entrepreneurship open
to all entrepreneurially minded students
from any major who are seriously interested
to be …

49. … a part of the economic development
engine for the Lehigh Valley and beyond.
Apply to be part of the class of ’14 at:
www.lehigh.edu/innovate
“Innovation is not an elective”

50. ERC Innovations & Impacts
- SPINOFF COMPANY -
Center for Wireless Integrated MicroSystems –
Mobius Microsystems, founded by a grad
student, became a world leader in all-silicon clock
generation technology used in cell phones, USB
ports, and other small computer devices and
peripherals for timing computer operations

51. ERC Innovations & Impacts
- SPINOFF COMPANY -
Founded by two former undergraduate students in Caltech’s
Center for Neuromorphic Systems Engineering in
1996, DigitalPersona has become a leader in biometric password
management for PCs and corporate information systems. The
company’s technology and design are used in Microsoft’s
Fingerprint Reader devices and many other products. DP markets
its own fingerprint readers directly to consumers.

52. ERC Innovations & Impacts
- SPINOFF TECHNOLOGY -
USC’s Biomimetic MicroElectronic Systems ERC – BMES has
gained FDA approval for clinical use of a second-generation
implantable prosthetic retina, the Argus II Retinal Prosthesis
System, developed in conjunction with device manufacturer,
Second Sight Medical Products. The device enables
previously blind people to perceive light and patterns.

53. ERC Innovations & Impacts
- SPINOFF COMPANY –
University of Washington UWEB Healionics, Inc. startup’s STAR 3-D
biomaterial scaffold is designed to heal around a medical implant and
promote acceptance in the body. Healionics has itself spun off two
independent operating companies, iSTAR Medical and qSTAR Medical, both
based on STAR 3-D. The company’s flagship medical device, a glaucoma drain,
has received CE Mark approval so it can be sold in Europe.

54. ERC Innovations & Impacts
- SPINOFF COMPANY -
SynBERC (based at U. California-Berkeley) – A
microbial process for inexpensively producing
the anti-malarial drug, artemisinin, passed
through SynBERC spinoff Amyris Biotechnologies
to a major pharmaceutical company

55. ERC Innovations & Impacts
- SPINOFF COMPANY -
Optoelectronic Computing Systems Center (1987-
1998) – Spinoff ColorLink (now RealD Cinema)
introduced a new generation of 3D film technology
that won an Academy Award for Special Effects, in
the 2009 movie Avatar

56. ERC Innovations & Impacts
- SPINOFF TECHNOLOGY -
ERC on Mid-InfraRed Technologies for Health and
the Environment (Class of 2006) – Daylight
Solutions, Inc., is commercializing advanced
quantum-cascade laser systems developed in
partnership with MIRTHE

57. ERC Innovations & Impacts
- SPINOFF TECHNOLOGY -
Colorado State’s Extreme Ultraviolet ERC –The EUV ERC
transferred its state-of-the-art high harmonic generation
(HHG) source technology to KMLabs, Inc. in Boulder. KMLabs
used the technology to produce the first turnkey 30 nm EUV
commercial laser system with their XUUS™ (eXtreme
Ultraviolet Ultrafast Source) product.

58. Strategic Fit with Lehigh 2020
2007
Entrepreneurship
Initiative
2010
Baker Institute for
Entrepreneurship, Creati
vity and Innovation
2012
Masters of Technical
Entrepreneurship (TE)

59. Thalheimer
Student Entrepreneurs Competition “Garage” Student Start-up Incubator
Lehigh Entrepreneurs Network Wilbur Powerhouse
Infrastructure
L. Pool Memorial Scholarships Office of Student
& Other Related Leadership
for Entrepreneurship Development
Courses
Undergraduate Engineer
Entrepreneur Fund Integrated
Entrepreneurship Product
Iaccoca Institute
Minor Development Computer Science
& Business
Professional Education Seminars
VentureSeries Executive
Certificate Integrated
Educational Business &
Small Business Counseling
MBA Corporate Programs Engineering
Community Consulting Practicum Entrepreneurship
IDEAS
The Business of Life Science Enterprise System
Center Ben Franklin
Office of Technology
Leadership Breakfast Series PA Governor’s Technology Transfer & Partners Keystone
Institute for Personal Commercialization
Innovation
Development & Marketing Finance & Entre- Zone
of New Products preneurial Education Manufacturers Resource
Center Related
Integrated Real Organizations SBDC
Bioengineering Capstone Design Center for Advanced
Estate
Materials & Nanotech
Business Information Systems Practicum
Design Minor & LEHIGH
Capstone CE & IE Design Projects Design Majors
Center for
Optical Technologies
Entrepreneurship
Production & Marketing of
Sound Recordings
Community
Fellows
Ecosystem
Life Sciences
Global Village Greenhouse
Martindale Center
Leadership Baker
Microfinance Lehigh Institute
Masters in Technical
Entrepreneurship

60. State Economic Development @ Lehigh
• Ben Franklin Technology Partners
• Manufacturers Resource Center
• Small Business Development Center
• Pennsylvania Infrastructure
Technology Alliance (PITA) PITA
• Office of Technology Transfer

61. Regional Economic Development
Partners
Bethlehem Vision 2012
LV Workforce Investment Board
Wall Street West - WIRED
PA Group (DC)
Agile PA

62. Student Entrepreneurship Opportunities
• Entreprenuru – Zach Bloom
lifeserve.bloom@gmail.com
• Entrepreneurship Club – David Gritz
deg312@lehigh.edu
• Entrepreneurship Minor – Prof T Watkins
taw4@lehigh.edu
• Eureka Competition Series – L Getzler-Linn
lig4@lehigh.edu
• Entrepreneurial Leadership Workshops
• Entrepreneurship Week
• Entrepreneurs in Residence.
• Thought Leaders Speaker Series
• Entrepreneurial Internships
www.lehigh.edu/entrepreneurship

63. Recent Lehigh Student Start-up
Companies
• Lehigh Valley Grand Prix (Marketing/economics)
• Viddler.com (CSB)
• Orion Security LSP (IBE)
• Hillary Caroline Jewelry (Eship Minor)
• Gigmax.com (ECE)
• George Guest Ltd.(Product Design)
• Lifeserve Innovations (BioEngineering)
• MPlug (IBE)
• HAWILI / JammiWater (IR and ME)

64. Example Recent Lehigh
Student Startups
Tech Startups Services
• Viddler.com • Lehigh Valley Grand Prix
• Orion Security LSP • Vital Conversions
• MPlug
• Gigmax.com Fashion
• Simply-Anti Apparel
• hField
Technologies • George Guest Ltd.
• Hillary Caroline Jewelry
• EcoTech Marine
• Kitchen NGOs
Conveniences • Soccer without Borders
• Lifeserve • Jamii Water
Innovations

65. 2009 Grand Prize Winner
LIFESERVE INNOVATIONS
Thalheimer Student Competition
Winner - $5,000
Office in Wilbur Powerhouse
$5,000 in Summer Funding
Infrastructure and Network
$20,000 NCIIA Grant
Dean Brown, R Arlow, J&J Thalheimer, Z Bloom, B Bucholz, Dean Wu

66. Current Student Startup
In Residence in Garage Incubator
• IPD 3-Semester Project
• Thalheimer Winner
• Levin Advanced
Technology Winner
• NCIIA National Winner
• Garage Incubator
• VENTURESeries
• Innovation & Leadership
Residency
• KIZ Funding
• 2010 March Madness for
the Mind National
• Venture Well East 2010 Winner
• IPD Sponsor
• PSGE Mentor
America’s Top 25 Best Young Entrepreneurs 2010

67. EcoTech Marine’s Story
• High school hobby
• Calcuim Reactor
– Maintains calcium and
alkalinity balance
• VorTech Propeller
– Provides wave-like flow
with all electrical
connections outside of the
tank
• Eco Shield
– Imbedded engineered
nano materials inhibits
algae growth
• Now an IPD Sponsor

68. TE Model:
Change the question!
The key to societal wealth ?
It’s the student E-team. They form new
companies that invent stuff and sell it to the

69. Lehigh’s Model: Example Projects
VorTech Propeller
National Pump
Winner
$8,350 for Reef Aquariums
~2000 sold
@~$300

70. Example
Student Entrepreneurial Start-Up
Systems for Reef
Aquariums
~$5M annual revenue
• IPD Entrp. Project
• Thalheimer Winner
• NCIIA Natl. Winner
• Garage Incubator
• IPD Masters of Engr.
• VENTURESeries
• L. Pool Scholar
• KIZ Funding
• ESC-Agile PA
• Ben Franklin Tech
• MRC, BEDCO
• IPD Sponsor
National • Nanotech Center
Winner • PSGE & ILR mentor

71. Example
Student Entrepreneurial Start-Up
Systems for Reef
Aquariums
>$3M annual
revenue
IPD, Pool Scholar
Thalheimer winner
Garage Incubator
VentureSeries
Ben Franklin &
National KIZ Funding
Winner Nanotech Center

72. Example
Student Entrepreneurial Start-Up
hField Technologies, Inc
IBE Freshman Workshop
ENTP 312 & IBE Capstone
Thalheimer Competition Winner
Powerhouse Garage Incubator
PA State KIZ Grant, Agile PA Grant
Ben Franklin Grant & Incubator

73. Example
Student Entrepreneurial Start-Up
Mike McCreary, founder
Marketing ’08
Launched Company in Allentown
www.lehighvalleygrandprix.com

74. Example
Student Entrepreneurial Start-Up

75. HAWILI / JammiWater
• Lisa Boyd IR’10
Founding Director
• Mission: Discover What is
Necessary to Make Water
Systems in Tanzania
Sustainable?
• Winner 08-09 & 09-10Lehigh
Social Venture Creation
Competition for Student
Entrepreneurs

76. Soccer Without Borders
• Ben Gucciardi ’05, G’06
Founding Director
• Lehigh soccer team captain
• Mission: “Soccer as vehicle
for positive change in the
lives of marginalized youth”
• Winner 2005-06 Lehigh
Student Social
Entrepreneurship
Competition
• Now worldwide programs
• Lehigh Entrepreneur in
Residence Spring 2008

77. Wilbur Powerhouse: Renovated Entirely
to Support Student Projects

78. Example Graduate Student Startup
Membrane Technology for Kidney Disease
• 2x toxin removal Partnerships
• Lower treatment time • KIZ Student Interns
• Improved re-usability • KIZ Grant Funding
• Lower mortality rate • National Institute of
• Comparable cost Health/SBIR
• Widener University
“Those electron microscopes cost $1 • Lehigh faculty consulting
million a piece. If Lehigh didn’t have • Ben Franklin Technology
them, we wouldn’t be able to Parters Incubator
characterize our product. You can’t (on campus)
manipulate what you can’t see.” • Integrated Product
William Van Geertruyden, Founder Development (IPD)

79. Entrepreneurship in High School
(Leah Christman of Northwestern Lehigh & John Ochs of Lehigh’s IPD program)
Examples of the
Business start-ups:
-Morning Smoothies
-Photo I.D. cards
-Advertisements,
-Procedures,
-Color coded maps,
-Stock holder cards.

80. Powerhouse Resources
Project Spaces
3D Digital Scanner Professional CAD, Graphics
& Animation Computer Lab
Fully Staffed
Industry-grade
Workshop
Rapid Programmable
Prototyping Router

81. Powerhouse Z-Corp 650
3D Color Printer

82. NSF’s Engineering Research
Centers: Nurturing Student
Entrepreneurs
--
Presented to the UEDA Summit
--
October 23, 2012
Dr. Deborah Jackson
Engineering Research Center (ERC) Program Director
Engineering Directorate
National Science Foundation
82

83. OUTLINE
 Engineering Research Centers
› Guiding Principles
› New Gen-3 Features
 Innovation Spectrum and Innovation
Ecosystem
 Summary
83

84. 84
ERCs Build University Cultures that Join
Discovery & Innovation in Partnership with
Industry
ERC Program Goals
l Create a culture in academe that joins research,
education to stimulate innovation;
l Build partnerships with industry to strengthen the
innovative capacity of the U.S. in a global context;
l Produce creative and innovative engineering
graduates, capable of leading teams in a globally
competitive world.

85. An NSF Engineering Research Center
A Complex, Interdependent System
Research
Leadership & Students,
Management Faculty & Staff
Graduates
Knowledge
Vision & Strategic Plan Technology
Curricula
Education Industrial
Collaboration
85
Funds, Equipment, Industry/
Facilities Users

86. OUTLINE
 Engineering Research Centers
› Guiding Principles
› New Gen-3 Features
 Innovation Spectrum and Innovation
Ecosystem
 Summary
86

87. Between Invention and
Commercialization
Innovation Program to Bridge the Valley of Death
Existing
Resources
Commercialization
Valley of Death Resources
Existing
Research
Resources
Inventing Commercializing
ERC Research at New Products Sold at Companies
Universities
Level of Development
Credit: Deborah Jackson 2011

88. Closer Look at the Valley of Death
Overlapping Structural Resources and Activities
Formal
Champions
Processes
(People)
(Ideas)
“Valley of Death”
Resources
Critical
Inventing Resources Commercializing
(Tools)
ERC Research at New Products Sold at Companies
Universities
Level of Development
NSF/EEC Project 9528410
TEC: Kingon and Markham

89. Innovation Bridge Structures Turn
“Valley of Death” into “Challenge Basin”
Engineering-Business School Partnerships
Rapid Prototype Infrastructure
Investment Focus Group
Develop Champions to business demonstration risk
Mitigate small Run the Gauntlet of Risk
Educate potential investors to reduce their
costs
Existing
Risk mitigation Commercialization
Resources
shift
Resources
Valley of Death
Challenge
Basin
Championship shift
Existing
Research
Resources Prototype capital expense
Inventing
Commercializing
ERC Research at New Products Sold at Companies
Universities
Level of Development
CREDIT: Deborah Jackson

90. Pictorial Definition of
Innovation Ecosystem
 The Innovation Ecosystem comprises all intangible
actions and complex relationships that make crossing
easier by effectively:
› Moving left valley wall to right
› Moving right valley wall to left
› Raising valley floor upward
www.erc-assoc.org/ecosystems
Credit: Deborah Jackson 2011

91. Intangible Relationships are the Glue
that Aid Ecosystem Functioning
 Building networking relationships between entities;
 Developing trust relationships among players;
 Building competent entrepreneurial teams to
champion ventures across valley of death;
 Educating prospective investors to reduce
perceived risk;
 Minimizing perceived risk to student champions;
 Transferring market sector knowledge to ERC from
commercial economy;
 Leveraging economies of scale by clustering like
ventures with similar investor and other potential
commercialization resources. 91

92. Summary: ERCs are Responding
 On-Campus “Incubators/ Accelerators” (e.g. Foundry
at CMU QoLT),
› Entrepreneurial training,
› business plan development coaching,
› seed funding
 FREEDM ERC housed on North Carolina State’s Univ.
Centennial Campus
 Formal ENG-Business School Partnerships
 Investment Focus Group (IFG) at MIRTHE: Gen-2 ERC at
Princeton
www.erc-assoc.org/ecosystems 92

93. ERC Innovations & Impacts
- SPINOFF COMPANY -
Center for Wireless Integrated MicroSystems –
Mobius Microsystems, founded by a grad
student, became a world leader in all-silicon clock
generation technology used in cell phones, USB
ports, and other small computer devices and
peripherals for timing computer operations

94. ERC Innovations & Impacts
- SPINOFF COMPANY -
Founded by two former undergraduate students in Caltech’s
Center for Neuromorphic Systems Engineering in
1996, DigitalPersona has become a leader in biometric
password management for PCs and corporate information
systems. The company’s technology and design are used in
Microsoft’s Fingerprint Reader devices and many other
products. DP markets its own fingerprint readers directly to
consumers.

95. ERC Innovations & Impacts
- SPINOFF TECHNOLOGY -
USC’s Biomimetic MicroElectronic Systems ERC – BMES has
gained FDA approval for clinical use of a second-generation
implantable prosthetic retina, the Argus II Retinal Prosthesis
System, developed in conjunction with device manufacturer,
Second Sight Medical Products. The device enables
previously blind people to perceive light and patterns.

96. BACKUP SLIDES

97. Definitions
 Productivity is a ratio of production output to what
is required to produce it (inputs).
 Economic growth is the increase in the amount of
the goods and services produced by an economy
over time.
 Two ways to increase productivity
1. Increasing inputs resulting in increased outputs.
2. Find a new way of doing things that improves the
efficiency of productivity or brings value where
none

98. INNOVATION
 Innovation is defined as the introduction of new or
significantly improved products (goods or services),
processes, organizational methods, and marketing
methods in internal business practices or the
marketplace”
(http://www.nsf.gov/statistics/seind10/pdf/c0.pdf
page 4-50).

99. Economics of the Ecosystem
Fundamental
Technology
Breakthroughs
R&D Resource
Investments
New Products ,
Features, or Processes
Increased Sales
and Profits