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Connecting VirginiaTech to Industry
   and Government to Promote
 Regional Economic Development
University Industry Government Partnerships
         Joseph Curtis MS, PhD, PMP
             Strategic Concepts, LLC
The Greater Washington Initiative:
                    A Regional Innovation Cluster




•   The Greater Washington Initiative sets the stage for the creation of a regional innovation cluster.
•   The Economic Development Administration defines RICs are geographically-bounded, active
    network of similar, synergistic or complementary organizations which leverage their region’s unique
    competitive strengths to create jobs and broader prosperity
•   VirginiaTech’s significant asset base within the NCR is well positioned to contribute to the success
    of the region by influencing government, industry and national competitiveness.
•   The obvious strategy for VirginiaTech is to establish university-industry-government partnerships
    that result in the creation of new products and services that enhance the regions economy and
    support national competitiveness. But first we need to understand how corporate innovation.
Competitive Advantage Quickly Disappears
                        Project              Product
    Ideation                                                   Commercialization
                       Selection           Development




•   Companies are forced to produce a constant stream of innovations to remain
    competitive in the marketplace
•   R&D teams must move through the innovation process with increasing velocity
From Closed Innovation to Open Innovation




•   Centralized R&D is replaced by open innovation structures
•   Open innovation is motivated by increasing demand for innovation, driven by the
    emergence of new groups of customers, often with new requirements, increasing
    competition and shorter product lifecycles.
Creating Value From Open Innovation




•   VirginiaTech can create value for its industry and government partners by aligning its marketing efforts to
    design programs that synergize with each companies culture of innovation and market priorities.
•   The nature of innovation is also changing, with convergence between technologies, increased
    multidisciplinary, higher risks and costs, and new sources of science and technology in emerging
    economies.
•   In this context, companies want faster and more efficient innovation, which can access external knowledge
    and draw on a wider pool of ideas than their companies alone can offer.
•   They want to spread costs and risks, work with other companies where skills are complementary, and
    emerge with greater flexibility and shorter innovation loops.
University Industry Partnership
     Prigge Process Model
Aligning VirginiaTech’s Research Infrastructure
Partnerships Within The Washington Initiative
Best Practices
        Industry- University Collaboration
1.   Define the projects strategic context as part of the selection process
     – Define specific collaboration outputs that can provide value to the company
2.   Select boundary-spanning project managers with three key attributes:
     – In-depth knowledge of the technology needs in the field
     – The inclination to network across functional and organizational boundaries
     – The ability to make connections between research and opportunities for product apps
3.   Share with the university team the vision of how the collaboration can
     help the company
     – Select researchers who will understand the company practices and technology goals
4.   Invest in long-term relationships
     – Plan multi-year collaboration time frames and target university researchers
5.   Establish strong communication linkage with the university team
6.   Build broad awareness of the project within the company
     – Provide feedback to the university team on project alignment with company needs
7.   Support the work internally both during the contract and after, until the
     research can be exploited                        Pertuze et.al. Sloan Mgm. Rev. 51:4, 2010
     – Provide internal support for technical and managerial oversight
Strategic Alliance Program
Strategic Alliance Program Overview
• Founded in 2011, the Strategic Alliance Program (SAP) provides its member
  companies with convenient access to the expertise and resources of
  VirginiaTech as well as to comprehensive information on the full range of
  research and educational activities at VirginiaTech.
• Through its various services, the SAP will become an organized and
  mutually beneficial communications link between the faculty and staff at
  the Institute and the research, management, and operational activities of
  more than 1000 diverse research-oriented industrial organizations
  participating in the Washington Initiative.
• With the active assistance and cooperation of the faculty, staff, and
  administration, the SAP provides its services to participating members for
  an annual fee. Net income from these fees is a major source of unrestricted
  income for the Virginia Tech Ballston Center.
• Best practices for industry-university collaboration will be used to assist the
  faculty and staff to enable companies to achieve competitive impact from
  their collaborations with VirginiaTech.
Strategic Alliance Program
         Incentivizing Faculty & Staff Participation
• In 2012, the SAP will introduce a Revenue Sharing Plan under which
  10 percent of the gross revenue received each year is distributed at
  year's end among VirginiaTech’s faculty and staff who participate in
  the following activities of the SAP:
    – Informal research meetings on matters of mutual interest with scientists and managers
      from member companies, both on campus and at company locations.
    – A yearly series of formal symposia and seminars on topics of current interest in science,
      engineering, and management. These meetings feature presentations by faculty and
      staff and are held on campus, as well as at company sites, particularly at the facilities of
      the Virginia Tech Ballston Center.
    – The SAP encourages faculty and research staff to submit copies of preprints and working
      papers as well as laboratory technical reports. These documents are digitized in PDF
      format and downloadable by SAP member companies. Papers of special interest to
      industry will be listed in the SAP edition of VirginiaTech’s Reserch Magazine, an
      electronic monthly providing news on VirginiaTech research, reports on the impacts of
      emerging technologies, and special insights and announcements for SAP members.
    – To help organize and make this information readily available, the Strategic Alliance
      Program maintains an extensive KnowledgeBase of faculty interests and expertise,
      research projects and associated publications, as well as listings of multi-sponsored
      programs at the Virginia Tech Ballston Center.
Measuring Program Success

                                                     •   VirginiaTech is a research and
                                                         technology intensive university
                                                         and provides a variety of
                                                         potential interactions with
                                                         industry and government
                                                     •   Measuring success will be based
                                                         upon the scope of the
                                                         interaction and the strategic
                                                         intent of the partnership


•   Several measures could be proposed that allow program improvements and
    objective evaluation:
      Economic impact on regional economy
      Company participation in executive and workforce development programs
      Student participation in problem-solving
      Consortia formation (% of Vtech faculty participating, facility utilization)
      Sponsored research funding
      Length of collaboration
Discussion
                                                                       Usability?
 Capturing Ideas     Customer Problems        Feature priorities?     Readiness?       Marketing and
and Opportunities     Trends of Interest       Value questions?       Messages?       Sales Programs?




                    Company Strategy
                                            Project                           Launch                     End
                                        Fuzzy Front End                   Fuzzy Front End               of Life


                                                 Pre-development    Development     Commercialization




             Research technique must reflect innovation stage

                             Joseph Curtis MS, PhD, PMP
                             Phone: 202-360-1252
                             Email: jcbioteck@yahoo.com

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Econ dev v tech ncr 2010

  • 1. Connecting VirginiaTech to Industry and Government to Promote Regional Economic Development University Industry Government Partnerships Joseph Curtis MS, PhD, PMP Strategic Concepts, LLC
  • 2. The Greater Washington Initiative: A Regional Innovation Cluster • The Greater Washington Initiative sets the stage for the creation of a regional innovation cluster. • The Economic Development Administration defines RICs are geographically-bounded, active network of similar, synergistic or complementary organizations which leverage their region’s unique competitive strengths to create jobs and broader prosperity • VirginiaTech’s significant asset base within the NCR is well positioned to contribute to the success of the region by influencing government, industry and national competitiveness.
  • 3. The obvious strategy for VirginiaTech is to establish university-industry-government partnerships that result in the creation of new products and services that enhance the regions economy and support national competitiveness. But first we need to understand how corporate innovation.
  • 4. Competitive Advantage Quickly Disappears Project Product Ideation Commercialization Selection Development • Companies are forced to produce a constant stream of innovations to remain competitive in the marketplace • R&D teams must move through the innovation process with increasing velocity
  • 5. From Closed Innovation to Open Innovation • Centralized R&D is replaced by open innovation structures • Open innovation is motivated by increasing demand for innovation, driven by the emergence of new groups of customers, often with new requirements, increasing competition and shorter product lifecycles.
  • 6. Creating Value From Open Innovation • VirginiaTech can create value for its industry and government partners by aligning its marketing efforts to design programs that synergize with each companies culture of innovation and market priorities. • The nature of innovation is also changing, with convergence between technologies, increased multidisciplinary, higher risks and costs, and new sources of science and technology in emerging economies. • In this context, companies want faster and more efficient innovation, which can access external knowledge and draw on a wider pool of ideas than their companies alone can offer. • They want to spread costs and risks, work with other companies where skills are complementary, and emerge with greater flexibility and shorter innovation loops.
  • 7. University Industry Partnership Prigge Process Model
  • 8. Aligning VirginiaTech’s Research Infrastructure Partnerships Within The Washington Initiative
  • 9. Best Practices Industry- University Collaboration 1. Define the projects strategic context as part of the selection process – Define specific collaboration outputs that can provide value to the company 2. Select boundary-spanning project managers with three key attributes: – In-depth knowledge of the technology needs in the field – The inclination to network across functional and organizational boundaries – The ability to make connections between research and opportunities for product apps 3. Share with the university team the vision of how the collaboration can help the company – Select researchers who will understand the company practices and technology goals 4. Invest in long-term relationships – Plan multi-year collaboration time frames and target university researchers 5. Establish strong communication linkage with the university team 6. Build broad awareness of the project within the company – Provide feedback to the university team on project alignment with company needs 7. Support the work internally both during the contract and after, until the research can be exploited Pertuze et.al. Sloan Mgm. Rev. 51:4, 2010 – Provide internal support for technical and managerial oversight
  • 11. Strategic Alliance Program Overview • Founded in 2011, the Strategic Alliance Program (SAP) provides its member companies with convenient access to the expertise and resources of VirginiaTech as well as to comprehensive information on the full range of research and educational activities at VirginiaTech. • Through its various services, the SAP will become an organized and mutually beneficial communications link between the faculty and staff at the Institute and the research, management, and operational activities of more than 1000 diverse research-oriented industrial organizations participating in the Washington Initiative. • With the active assistance and cooperation of the faculty, staff, and administration, the SAP provides its services to participating members for an annual fee. Net income from these fees is a major source of unrestricted income for the Virginia Tech Ballston Center. • Best practices for industry-university collaboration will be used to assist the faculty and staff to enable companies to achieve competitive impact from their collaborations with VirginiaTech.
  • 12. Strategic Alliance Program Incentivizing Faculty & Staff Participation • In 2012, the SAP will introduce a Revenue Sharing Plan under which 10 percent of the gross revenue received each year is distributed at year's end among VirginiaTech’s faculty and staff who participate in the following activities of the SAP: – Informal research meetings on matters of mutual interest with scientists and managers from member companies, both on campus and at company locations. – A yearly series of formal symposia and seminars on topics of current interest in science, engineering, and management. These meetings feature presentations by faculty and staff and are held on campus, as well as at company sites, particularly at the facilities of the Virginia Tech Ballston Center. – The SAP encourages faculty and research staff to submit copies of preprints and working papers as well as laboratory technical reports. These documents are digitized in PDF format and downloadable by SAP member companies. Papers of special interest to industry will be listed in the SAP edition of VirginiaTech’s Reserch Magazine, an electronic monthly providing news on VirginiaTech research, reports on the impacts of emerging technologies, and special insights and announcements for SAP members. – To help organize and make this information readily available, the Strategic Alliance Program maintains an extensive KnowledgeBase of faculty interests and expertise, research projects and associated publications, as well as listings of multi-sponsored programs at the Virginia Tech Ballston Center.
  • 13. Measuring Program Success • VirginiaTech is a research and technology intensive university and provides a variety of potential interactions with industry and government • Measuring success will be based upon the scope of the interaction and the strategic intent of the partnership • Several measures could be proposed that allow program improvements and objective evaluation:  Economic impact on regional economy  Company participation in executive and workforce development programs  Student participation in problem-solving  Consortia formation (% of Vtech faculty participating, facility utilization)  Sponsored research funding  Length of collaboration
  • 14. Discussion Usability? Capturing Ideas Customer Problems Feature priorities? Readiness? Marketing and and Opportunities Trends of Interest Value questions? Messages? Sales Programs? Company Strategy Project Launch End Fuzzy Front End Fuzzy Front End of Life Pre-development Development Commercialization Research technique must reflect innovation stage Joseph Curtis MS, PhD, PMP Phone: 202-360-1252 Email: jcbioteck@yahoo.com