New Orleans, Louisiana
June 26, 2016
June 26, 2016
August 28, 2016
Diversity and Corporate Member Council
ASEE - Abstract: College Industry Partnership
Title: Innovation and Entrepreneurship through Industry-Academic Collaborations: A Collegiate Model for Economic Development
Submitted by: Authors: Nada Anid and Marta Panero, New York Institute of Technology firstname.lastname@example.org and email@example.com
In March of 2015, the School of Engineering and Computing Sciences (SoECS) of New York Institute of Technology (NYIT) launched its Entrepreneurship and Technology Innovation Center (ETIC) with a mission to consolidate and expand the School’s ongoing industry-academic partnerships, foster innovation and promote collaborations between industry, the academic community, professional organizations, and government. As a source for talent, entrepreneurship, and innovation in technology, engineering and applied science, the Center goal is to spur economic growth and ensure greater competitiveness for Long Island and the broader metropolitan region. The Center will support the region’s economic development by focusing in the three critical areas of: IT and cyber-security, bioengineering and medical devices, energy and green technologies.
Throughout the Center’s collaborative process, each business or startup company has access to faculty and skilled students to test concepts and/or develop fully marketable products. At the same time University residence opportunities made available to industry practitioners and entrepreneurs at the Center, offer students the operational expertise in turning good ideas into great businesses and become confident innovators in their own right.
This paper will provide an overview of the approach taken to recruit business to the Center, establish novel partnerships, and leverage industry association memberships. It will include examples of ongoing and planned academic – industry collaborations, indicating challenges and how to overcome them, and the approach taken to secure expected outcomes and deliverables by each of the ETIC’s constituents. The authors will also discuss the creation of synergies and alliances with existing businesses starting with the establishment of a robust advisory board, as well as the selection criteria for companies based on their potential to support students’ active learning and hands-on-projects, and to spawn innovation and economic development and while boosting the regional economy.
This article will also highlight NYIT’s efforts to provide a modern, 21st century environment where entrepreneurship and innovation can thrive, and discuss the training initiatives and competitions set up over the first year of work at the ETIC.
Anid, N. M., & Panero, M. A., & Carbonette, B. (2016, June), Innovation and Entrepreneurship through Industry-Academic Collaborations: A Collegiate Model for Economic Development Paper presented at 2016 ASEE Annual Conference & Exposition, New Orleans, Louisiana. 10.18260/p.25698
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