ABE 626 - 2016 Life of a Faculty Entrepreneur©: Discovery, Development, Translation
Instructors: Michael Ladisch and Nathalie Duval-Couetil
Introduce graduate students and faculty mentors to the intellectual, financial, and management processes for translating research into tangible products through university initiated, early-stage commercialization (start-up) activities. Lectures will present case studies of technologies and their different pathways to commercialization.
Goals of lectures are to address:
1. Processes through which research is translated from laboratory to products.
2. A framework for analysis of when and how to launch technologies into a translational pathway.
3. Case studies that illustrate business principles, models of the translation, and commercialization strategies.
Lectures will be given by Professors Ladisch and Duval-Couetil, as well as guests who are experienced entrepreneurs. These lectures will illustrate the startup process and approaches for managing entrepreneurial activities, intellectual property and conflicts of interest in a university environment. Examples of start-ups will include information technology, software analytical instrumentation, biopharmaceutical and biomedical products, biofuels, and bioproducts.
Course materials: Notes and directed readings provided by the instructors and guest lecturers. Papers will be assigned from selected technical and business journals, websites, Harvard Business Review and Wall Street Journal. The course is intended to address the questions involved in launching a university-originated research into a commercial venture and upscale the base innovation or technology.
3.00 credit hours
Week 1 - Change the World: You are not Alone
Weel 2 - Regenerative Medicine: Innovation, Patents, Licensing, Start-up
Week 3 Additional Reading: How Apple Can Get Its Growth Back
Week 5 - Managing IP: Growing University Originated Discovery Into Commercialization
Introduction to Purdue's Office of Technology Commercialization - Hamid Piroozi
Goals for Technology Commercialization - Dongsung Hong
Week 6 - Moving Beyond Science and Technology: Market Research
Week 8 - Venture Capital - When Do You Need or Want it?
Forms of Capital and Debt (from Kerr & Nanda - see clasasnote pack)
Week 9 - The Road to Building a Biotech Company in the Midwest
March 14 - 19 Spring Break - No Class
Week 10 - Developing Structure for Translating Technology: Business Model and Financing and Agricultural Technology: Ahead of the Curve
Week 11 - Patent Prosecution and Due Diligence
Week 12 - Communicating Ideas (class presentations of key concepts for your selected project)
Week 13 - Incubation Within and Outside of the University
Week 14 - Leadership
Week 15 - Final Presentations