Georgia Tech Innovation Ecosystemshare).pdf · 2017-06-04 · 5 1-5 Georgia Tech Facts & Figures...

Georgia Tech Innovation Ecosystem

Ernesto EscobarLa Paz, Mexico

May 24th, 2017

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Overview

• The house of Innovation• DNA and History of Innovation• Structure of Innovation• Economic Development Through Innovation• Questions• Innovation Programs• Vision of Innovation• Stories of Innovation• Questions• Lean Innovation Ecosystems Model• Questions

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The house of Innovation

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Georgia Tech Facts & Figures

• $732M Sponsored Research, 297 Inventions, and 111 Patents

• Established 1885• University System of Georgia• Largest Engineering College in U.S.

• 2015 freshman class• Highest GPA of any public university• Most diverse ever• 41% female• 64 countries, 48 states

Total Students 23,093Academic Faculty 1,117Research Faculty & Professionals 4,418

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Rankings

• US News & World Report– 7th ranked public university– 4th in engineeringIndustrial(1), Civil(2), Aerospace(3), Env(3), Biomed (4), Mechanical (5),Electrical (6), Computer (6), Chemical (7), Materials (8)

• Shanghai Academic Ranking of World Universities– 8th in Engineering and Technology

• Smart Money – Return on Investment– 1st in US

Presenter

Presentation Notes

IE (1), CE(2), AE (3), Env E(3), BioMed (4), Mechanical (5), Electrical (6), Computer (6)< Chemical (7), Materials (8)

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DNA and History of Innovation

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Georgia Tech has a Tradition of Industry Collaboration, Innovation, and Economic Development

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DNA of GT: Manufacturing, Industry, & Innovation

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Structure of Innovation

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Georgia Institute of Technology

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Design 312/ 489

Business 1,231/ 805

Computing 1,877/ 3,609

Engineering 9,481/ 3,895

Liberal Arts 583/ 226

Sciences 1,035/ 847

Georgia Tech’s Six Colleges

Presenter

Presentation Notes

Undergraduate Architecture 316 Computing 1,877 Engineering 9,418 Ivan Allen 583 Business 1,231 Sciences 1,035 No College Declared 682 Total 15,142 Graduate Architecture 489 Computing 3,609 Engineering 3,895 Ivan Allen 226 Business 805 Sciences 847 No College Declared 21 Total 9,892

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Georgia Tech Research Institute

• Vision: To be the world’s premier advanced research and development organization.

• Established in 1934• 17 locations in the US• 2000 employees

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GT Professional Education

• Serves over 3,500 companies• 25,000 enrolled – 95 countries• GT Degrees and Certifications

– MS in Applied Systems and Engineering– MS in Power Systems and Energy– OMS in Computer Science– Taylored-made courses

See www.GTPE.gatech.edu

Courses listing at http://www.pe.gatech.edu/

http://www.gtpe.gatech.edu/

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Interdisciplinary Research Institutes: High-Impact, Real-World Research and Economic Development

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Georgia Tech Integrated Program for Startups

Georgia Tech Integrated Program for Startups (GT:IPS): Training program for GT faculty and student inventors interested in forming a company. After completion, participants qualify for the GT:IPS License –a well vetted agreement that offers the same terms to all Georgia Tech startup in the same field and that provides complete transparency into the licensing process.

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Economic Development Through Innovation

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Georgia Tech is a major driver of economic activity for Atlanta and the State of Georgia at about an

2.87 billion economic impact in 2016

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Atlanta/Georgia Startup-Innovation-Entrepreneur EcosystemConceptual Landscape of Key Participants

Georgia Tech Operates as an Ecosystem within a Larger and More Complex Local Startup-Innovation-Entrepreneur Ecosystem

Georgia Tech

Investors

Other Incubators &Accelerators

Chamber of Commerce

Technology Associationof Georgia (TAG)

Georgia Research Alliance (GRA)

Georgia Department ofEconomic Development (GDEcD)

Industry & Practitioners Other Universities &University System of Georgia

Local Government

Entrepreneurs

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Enterprise Innovation Institute (EI2)

Bryan

Bulloch

Camden

Chatham

Effingham

Glynn

LibertyLong

McIntosh

Butts

Carroll

Chattahoochee

Clay

Clayton

Coweta

Crisp

Dooly

Douglas

FayetteFulton

Harris

Heard

Henry

Lamar

MaconMarion

Meriwether

Muscogee

Pike

QuitmanRandolph

Schley

Spalding

StewartSumter

Talbot

Taylor

Troup

Upson

Webster

HartBanks

BarrowClarke

Dawson

De Kalb

ElbertForsyth

Franklin

Fulton

Greene

Gwinnett

Habersham

Hall

Jackson

Jasper

Lumpkin

Madison

MorganNewton

OconeeOglethorpe

Rabun

Rockdale

Stephens

TownsUnion

Walton

White

Bartow

Catoosa

Chattooga

Cherokee

Cobb

Dade Fannin

Floyd

Gilmer

Gordon

Haralson

Murray

Paulding

Pickens

Polk

WalkerWhitfield

Burke

Columbia

GlascockHancock

Jefferson

Jenkins

Lincoln

McDuffie

Richmond

Screven

Taliaferro

Warren

Washington

Wilkes

Appling

Baldwin

Bibb

Bleckley Candler

Crawford

Dodge

Emanuel

Evans

Houston

JeffDavis

Johnson

Jones

Laurens

Monroe

Montgomery

Peach

Pulaski

Putnam

TattnallTelfair

Toombs

Treutlen

Twiggs

Wayne

WheelerWilcox

Wilkinson

Atkinson

Bacon

Ben Hill

BerrienBrantley

Brooks CharltonClinch

Coffee

Cook

Echols

Irwin

Lanier

Lowndes

PierceTift

Turner

Ware

Baker

Calhoun

Colquitt

Decatur

Dougherty

Early

Grady

Lee

MillerMitchell

Seminole

Terrell

Thomas

Worth

Mission:“Increase the competitiveness of enterprises in Georgia through the application of science, technology, and innovation”

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Fostering Sustainable Growth by CREATING THE NEXT

Market-Deployed Technologies Successful Technology Startups Sustainable Industries Innovative Communities

The Enterprise Innovation Institute (EI2) is Georgia Tech’s primary economic development organization and helps achieve Georgia Tech’s goal of expanded local, regional, and global outreach. EI2’s core mission is to help business, industry, entrepreneurs, and economic developers across Georgia grow and remain competitive.

Statewide Regional Office Network

CommercializationFaculty AdvisingStartup formation

Industry R&D

EntrepreneurshipIncubationEducationMentoring

Seed Investment

Business ServicesManufacturing

Healthcare Procurement

Economic Development

I-Corps@GT

Enterprise Innovation Institute (EI2)

Georgia Manufacturing Extension Partnership

Presenter

Presentation Notes

The Enterprise Innovation Institute (EI²) is Georgia Tech’s chief business outreach and economic development organization. EI²’s core mission is to help business, industry, entrepreneurs, and economic developers across Georgia grow and remain competitive through our suite of programs. EI2 is the nation’s largest and most comprehensive university-based program of business and industry assistance, technology commercialization, and economic development. When compared to counterparts at other universities, EI2 is unique because we bring all of these areas of expertise into a single organization and are able to connect our clients to more than one program or service to meet your individual needs. Key programs include VentureLab for university commercialization, ICorps for entrepreneurial education, ATDC for startup company development and incubation, and the Georgia MEP assisting manufacturing companies throughout the state. EI2 manages a regional office network around the state to bring the resources of Georgia Tech economic development assistance directly to the community.

http://venturelab.gatech.edu/

http://venturelab.gatech.edu/

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EI2 annual Impact and Metrics • Evaluated 250 research innovations and helped form more than 25 new

companies• ATDC companies and graduates achieved more than $1.6 billion in revenue.• Served 450 technology startup firms that generated capital investment and

M/A of more than $826M.• Helped Georgia companies secure $854M in government contracts and

create or save an estimated 17,000 jobs.• Worked with 1,075 Georgia manufacturing companies and helped them

increase sales by $281M, create or save 2,300 jobs, and slash operating costs by $108M.

• Assisted 137 minority entrepreneurs who received nearly $220M in new contracts, increased sales, and secured new bonding/financing.

• Helped 24 Georgia companies with innovation research grants to win more than $2.7M in awards.

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Georgia Tech R&D Landscape

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QuestionsRound 1

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Innovation Programs

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GT Startup-Innovation-Entrepreneur EcosystemConceptual Landscape of Sample Programs and Affiliates

Research

GT:IPS

I-StudioEducation

Invention & Ideation

Translation

Deployment

Scale

GraduateStudents

Undergraduate Students

Faculty Entrepreneurial & Industrial Communities

Customer Validation

TI:G

ER

State Dues/Fees/EquitySponsorsTuitionFederalLegend: Primary Funding Source

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ATDC Incubator: Educate

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Ser

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ATDC Incubator: Accelerate

ATDC Incubator: Signature

Crea

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Research

Education


Translation

Deployment

Scale

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Customer Validation



Caps

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Research

GT:IPS

I-StudioEducation


Translation

Deployment

Scale

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Customer Validation

TI:G

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University Strategic PositioningConceptual Landscape of Sample Programs and Affiliates

Research

GT:IPS

I-StudioEducation


Translation

Deployment

Scale

GraduateStudents



Customer Validation

TI:G

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Caps

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GT1

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ATDC Incubator: Community

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(I3L

)Incubation for University Based Validated Ventures

Pre-incubation for Faculty and Student Teams Entrepreneurial Education for Community

Advanced Support Systems for Community

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Vision of Innovation

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EI2 Headquarters

• Advanced Technology Development Center (ATDC)• Biltmore• Flashpoint• Georgia Tech Global Learning Center• Georgia Tech Research Institute• Georgia Tech Scheller College of Business• Tech Square Research Building• Professional Education

GEORGIA TECH’S TECHNOLOGY SQUARE

ATLANTA’S INNOVATION NEIGHBORHOOD• Tech Square Labs• VentureLab• High Performance Computing Center (planned)• NCR Headquarters (under construction)• More than 100 Technology Startup Companies• Fifteen Corporate Innovation Centers, including

Coca-Cola Enterprises, Home Depot, AT&T Foundry, & Delta Air Lines

• Create-X

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Technology Square: ~ 2001

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Technology Square: Today

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Technology Square Today

https://www.youtube.com/watch?v=Jg34Qbix3oU

https://www.youtube.com/watch?v=Jg34Qbix3oU

https://www.youtube.com/watch?v=u2_MX8tL3D0

https://www.youtube.com/watch?v=u2_MX8tL3D0

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Corporate Innovation: Traditional

Stage 0:Ideation

Stage 1:Concept Dev

Stage 3:CapabilityStage 2:

Feasibility

Stage 4:Transfer

Ideas Business

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Corporate Innovation: With Universities

Stage 0:Ideation

Stage 1:Concept Dev

Stage 3:CapabilityStage 2:

Feasibility

Stage 4:Transfer

Ideas Business

University ResearchUniversity Students

University Innovation CultureUniversity Startups

Presenter

Presentation Notes

We’ve talked already about students InVenture prize Capstone design Invention studio So I’m mostly going to talk now about the industry perspective in looking at the university, particularly: Industry-university research How companies can leverage university startups The role of real estate in fostering industry-university collaboration

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Corporate Innovation CentersAKA: Embedded Labs

• What: Company R&D or Innovation Group

• Where: Embedded On or Located Near Campus

• Why: Facilitate a More Intimate Industry-University Relationship

• Who: Generally >10 Permanent Local Company Employees(Plus Part-Time/Temporary/Student/Visiting/Rotating Employees)

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Technology Square:Corporate Innovation Centers

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Georgia Tech’s Contracting Continuum

www.industry.gatech.edu

BASIC APPLIED DEMOS TESTING

Presenter

Presentation Notes

When Georgia Tech collaborates with industry via a Basic Research agreement, the industry partner has the opportunity to license the resulting IP. These early collaborations are often the foundation for new products that spur business growth for a company. Under an Applied Research agreement, the company pays a defined fee to gain access to IP that is generated during the project. The company obtains rights for exclusive access to the IP for a specified period of time within a defined field of use. This enables industry partners to develop and launch a product with very low risk, gaining a first-mover advantage. After the exclusivity period is over, the company can 1) extend the exclusive rights or 2) convert to a non-exclusive license. The Demonstration agreement offers a straightforward and advantageous intellectual property policy for industry partners….when a company introduces background IP under a Demonstration project, the company shall have exclusive rights to any improvements at no additional cost. For companies that have licensed a Georgia Tech innovation, any improvements to the licensed IP shall be incorporated into the terms and conditions of the original licensing agreement. The Specialized Testing agreement also offers a straightforward intellectual property policy for industry partners. The sponsoring company will own all test results..

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Stories of Innovation

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Suniva Case Study

GT & EI2 Success Story• GT Research• GT Facilities for Development• GT VentureLab company• GT ATDC startup company• GT Lean Manufacturing• GT Roof-Top Arrays

Suniva is the leading American manufacturer of high-efficiency, cost-competitive PV solar cells and modules

Translational Success

• GT research

• GT VentureLab formed company

• GT ATDC startup company

• Manufacturing in a GT Research Park (TEP)

Startup Success

Acquired by

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CardioMEMS Case Study

• CardioMEMS-GT Collaborations• Interdisciplinary research excellence• Translational research partnerships• Incubation and acceleration• Commercialization and technology transfer• Cleanroom utilization• Student engagements• Proof of concept demonstrations• Clinical trials• Innovation neighborhood• Growth and acquisition• Economic development• Industry clustering

Implantable medical device to measure heart pressure

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Capstone Design: Industry Collaboration

https://www.youtube.com/watch?v=aahG3veHuuY

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QuestionsRound 2

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Lean Innovation Ecosystems Model

(No Pictures)

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For information on the Georgia Tech Innovation Ecosystem Model, please

contact Ernesto Escobar at [email protected]

Georgia Tech Innovation Ecosystemshare).pdf · 2017-06-04 · 5 1-5 Georgia Tech Facts & Figures...

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Transcript of Georgia Tech Innovation Ecosystemshare).pdf · 2017-06-04 · 5 1-5 Georgia Tech Facts & Figures...