What could a “new golden age” of science mean for research and commercialization?
SSTI’s recent TBED Community of Practice webinar took up a practical question raised by the White House Office of Science and Technology Policy report, Science: A New Golden Age: if federal science policy shifts, what changes will universities, commercialization, and regional innovation organizations need to make?
TBED programs succeed by engaging with local communities
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
TBED Community of Practice explores the importance of early customer discovery
This week's joint meeting of the Lab-to-Market and Entrepreneurship Development subcommunities of SSTI's TBED Community of Practice focused on how the NSF I-Corps and DOE Energy I-Corps programs help researchers move discoveries beyond the lab and toward real-world use. A central theme was the importance of engaging potential customers early, testing market assumptions, and confirming the existence of a real need before investing significant resources in technology development.
What TBED investors need to know about exits
Connecting companies to research assets faster: the Tennessee Innovation Exchange model
The Tennessee Innovation Exchange (TNIX) is a statewide initiative designed to make it easier for companies, entrepreneurs, and investors to connect with university research expertise across Tennessee. In this recent TBED Community of Practice webinar, speakers Chuck Layne of LaunchTN and Tom Kissane of Halo Sciences explained how they partnered with six research universities to build a shared digital platform that supports university-industry collaboration and commercialization.
Recent Research: What two new studies tell us about innovation networks
Two recent research papers approach entrepreneurship and innovation from very different perspectives but arrive at a similar conclusion about how regional economies grow and change over time. Keeping technology-based economic development (TBED) initiatives proactively thinking about and addressing that evolution is a central aspect of all SSTI TBED-focused programming. Empirical research, like is discussed below, provides external evidence of how needs are changing and programs may want to adapt.
TBED Works: Sandia spinout creates commercial opportunities for lab-developed technologies
TBED Works: Rev1’s eye for potential and support helps launch biotech company
Items I’ve read recently that will influence my understanding of future TBED policy
Stats and pundits suggest fewer of us are taking the time to read, absorb, and embody what we can take from real, printed books. Humbug! This is a short piece with nods to those Digest subscribers defiantly resisting that trend—and welcoming all others to embrace the mind-expanding opportunities a long read—replete with physical page turning—can yield. Fully safe for work. ~ Mark Skinner, President & CEO, SSTI
TBED Works: The NJEDA’s Strategic Innovation Centers aim to ignite technology-based economic development
U.S. Commerce Secretary Howard Lutnick wants the federal government to receive a return on funding awarded for R&D, innovation and economic development. The New Jersey Economic Development Authority has financed a dozen various technology innovation initiatives with the same expectation for the state’s money. Here’s how NJEDA says it's working.