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(Session Number—1454)

THE DEVELOPMENT AND IMPLEMENTATION OF AN INTER-DISCIPLINARY GRADUATE COURSE LINKING ENGINEERING, MEDICAL, AND BUSINESS STUDENTS WITH UNIVERSITY RESEARCH INVESTIGATORS TO DEVELOP STRATEGIES TO COMMERCIALIZE NEW TECHNOLOGIES

William G. Marshall, Jr., MD, MBA1, Michael W. Fountain, PhD, MBA1, Stephen R. Budd, MBA1, Paul E. Givens, PhD, MBA1, 2

Center for Entrepreneurship at the University of South Florida1/ College of Business Administration Department of Industrial and Management Systems Engineering2/ College of Engineering/ University of South Florida Tampa, Florida

Abstract

Faculty at the Center for Entrepreneurship at the University of South Florida (USF) have developed and implemented a novel integrated inter-disciplinary graduate course entitled Strategic Market Assessments for New Technologies. Graduate students who are candidates for Masters and/or Doctoral degrees from the disciplines of arts and sciences, business, engineering, and medicine, in addition to faculty investigators, learn in cross-disciplinary team project environments under the class direction of faculty from both USF Colleges of Business Administration and Engineering. Students and faculty investigators develop the critical skills necessary to evaluate the intellectual property portfolios of USF faculty investigators as well as the skills necessary to work effectively in interdisciplinary student team environments. Working in cross-disciplinary teams, graduate students develop: 1) evaluations of the strengths of the USF investigator’s intellectual property portfolios, 2) competitive analyses of products and/or services currently in the marketplace and 3) strategic alternatives for commercializing the USF investigator’s technologies.

As a result of the implementation of this new curriculum into graduate programs at USF over the past 5 years, 125 graduate students have engaged in 26 team evaluations of 25 different USF investigators’ new innovations. As a direct result of the sets of strategic recommendations developed by the cross-disciplinary graduate student teams and their faculty instructors, 17 new ventures (out of 18 potential new ventures, with an additional 5 evaluations still on-going) have been launched to aid in the development and commercialization of new, USF faculty-based,

“Proceedings of the 2004 American Society for Engineering Education Annual Conference & Exposition Copyright © 2004, American Society for Engineering Education”

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Marshall, W., & Budd, S., & Fountain, M., & Givens, P. (2004, June), The Development And Implementation Of An Interdisciplinary Graduate Course Linking Engineering, Medical, And Business Students With University Research Investigators To Develop Strategies To Commercialize New Technologies Paper presented at 2004 Annual Conference, Salt Lake City, Utah. 10.18260/1-2--12919