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Innovation is the focus of TechPoint's annual meeting of Indiana technology
leaders and, not surprising, Rose-Hulman Institute of Technology's Rose-Hulman
Ventures will play a key role in the event, which attracts entrepreneurs,
business leaders and technology advocates on Tuesday, Sept. 29, to the
Indiana Convention Center in downtown Indianapolis.
Bill Kline, associate dean for professional experiences who is responsible
for oversight of the Rose-Hulman Ventures program, will moderate a breakout
panel session on the topic "Innovation in Technology Commercialization."
The session will feature:
- Brian Dougherty, manager of engineering for Rose-Hulman Ventures
- Jim Pearson, president and chief executive officer of NICO Corporation
- Dan Meier, vice president of product development for FAST Diagnostics
- Bryan Bowman, president of Medivative Technologies
Indiana possesses world-class resources for both invention and innovation
and their effective use by business is critical to the future prosperity of
the state. The innovation stage of commercialization presents complex
challenges that can prevent many inventions from reaching the marketplace.
Innovation -- the process of moving a concept from feasibility through
models and prototypes to products -- requires unique perspectives,
integration of numerous technical skills, and clear knowledge of customers
and market.
The panel will address the following questions:
- What are the differences between the invention and innovation stages of
development ?
- What are the perspectives of leading start-up companies and service
providers on innovation as they advance products toward commercialization?
- Beyond developing an innovation strategy of what to develop, what really
works in how to go about it ?
- What are best practices that any organization can follow to be more
innovative in developing products or services ?
- What is the role of collaboration in successful innovation strategies?
Celebrating its 10th year, Rose-Hulman Ventures is a program of Rose-Hulman
that successfully leverages the unmet technological needs and engineering
challenges of companies as an innovative way to educate engineering
undergraduate students. The project-based program offers student interns
professional practice experience and forward-thinking necessary to
distinguish them in a competitive engineering market upon graduation. Rose-Hulman
Ventures partners with companies to solve engineering challenges critical to
the continued growth and success of the company. Top engineering students
help commercialize technology for emerging companies and major corporations
through design, prototyping and testing. The end product is not a poster
presentation or a written report -- it is a real-world solution that enables
companies to launch new products or to penetrate new markets. Because Rose-Hulman
Ventures is project-based, not research-based, projects can begin anytime
during the calendar year and intellectual property always remains with the
companies.
More information about TechPoint's Innovation Summit '09 can be found at
www.techpoint.org/Summit. Go to
www.rhventures.org to learn more about Rose-Hulman Ventures.
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