research and innovation research is the transformation of money into knowledge innovation is the...
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Research and Innovation Research and Innovation
Research is the transformation of money
into knowledge
Innovation is the transformation of
knowledge into money
-Geoffrey Nicholson, 3M (Inventor of the Post-It Note)
Research is the transformation of money
into knowledge
Innovation is the transformation of
knowledge into money
-Geoffrey Nicholson, 3M (Inventor of the Post-It Note)
![Page 2: Research and Innovation Research is the transformation of money into knowledge Innovation is the transformation of knowledge into money -Geoffrey Nicholson,](https://reader033.vdocuments.us/reader033/viewer/2022061506/56649ea35503460f94ba7147/html5/thumbnails/2.jpg)
Market Market FocusFocus
IntellectualRigor
SystemsFocus
Transitionto Use
Interdisciplinary
Problem Solving
GlobalImpact
The Tech Research EnterpriseThe Tech Research Enterprise
*Georgia Tech Research Institute, Enterprise Innovation Institute
led by faculty, powered by ideas, focused on innovationled by faculty, powered by ideas, focused on innovation
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Elements of Interdisciplinary ResearchElements of Interdisciplinary Research
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Market centric focus on researchMarket centric focus on research
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The 3 I’sThe 3 I’s
Innovation = Insight + Invention + ImplementationInnovation = Insight + Invention + Implementation
Key attributesKey attributes• An ecosystem that supports and values all 3 I’s• Willingness to experiment and take risks• Interdisciplinary problem solving culture• Collaborative partnerships are fundamental
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6Enterprise Innovation Institute
Building an Innovation Ecosystem
Nutrients
Signs of Life
GrowthIncubation
Renewal
NaturalSelection
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7Enterprise Innovation Institute
Nutrients
• Recruiting research talent—worldwide
• Seed funding (city, state, nation, alumni)
• A culture of creativity and new ideas
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8Enterprise Innovation Institute
Signs of Life
• Emphasis on interdisciplinary research
• Research centers – Over 100 on campus
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9Enterprise Innovation Institute
Natural Selection
• Intellectual property protection
• VentureLab• GRA Phase I and II
awards• GT Edison Fund• SBIR Assistance
Commercialization Services
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10Enterprise Innovation Institute
Incubation
• Advanced Technology Development Center (ATDC)
• Ga. Seed Capital Fund• National VC attention
Entrepreneur Services