Changes

= Student Innovation and Entrepreneurship =

<span style="font-family:lucida sans unicode,lucida grande,sans-serif;"><span style="font-size:medium;"><span id="docs-internal-guid-9ae986e7-7fff-619e-f1e2-6edf10bff0da"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The Ohio State University is a flagship in forward-thinking and innovation in the Midwest. Being next to Columbus, one of the fastest growing startup cities in the country, students are becoming more aware of the entrepreneurial community around them thus leading them to take more interest in entrepreneurship. This progress in student endeavours related to innovation is complemented by institutional and organizational transitions on campus. The Keenan Center for Innovation and Entrepreneurship(CIEKCE) , a university-wide center is supporting and establishing more programming directed towards students from every discipline who are interested in entrepreneurship and establishing connections between students and mentors, providing the resources they need to pursue their ventures.</span></span></span></span>Additionally, the Center for Innovative Studies (CIS), within the Fisher College of Business, is a center for innovative thinking on campus.

<span style="font-family:lucida sans unicode,lucida grande,sans-serif;"><span style="font-size:medium;"><span id="docs-internal-guid-9ae986e7-7fff-619e-f1e2-6edf10bff0da"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The Best Of Student Startup Competition (BOSS) is CIE's one of KCE’s signature event events that brings together the best startup ideas on campus in a competition setting where the top team wins money and direct connection to industry expertise.. Another growing KCE event is rewarded with $1LaunchpadOSU, an accessible,000on-campus startup weekend event designed to bring students from every major together around entrepreneurship. Student Several student organizations on campus are also focusing on entrepreneurship in order to foster more student innovation.</span></span></span></span>

<span style="font-family:lucida sans unicode,lucida grande,sans-serif;"><span style="font-size:medium;"><span id="docs-internal-guid-9ae986e7-7fff-619e-f1e2-6edf10bff0da"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The Business Builders Club OHI/O hosts pitch a variety of competitions like IdeaPitch and signature speaker events like the Entrepreneurial Spectacular in order to provide a foundation for innovation on campus that target computer science, data analytics, and connect current founders to the resources they needengineering majors. Over all there has been a rise in student entrepreneurship at Ohio State Through events like HackOHI/O, MakeOHI/O, and this will continue Data AI, students are able to be the case as students become continuously successful in their ventures brainstorm and attract attention from venture capital firms from around Columbus develop prototypes that spark impactful and creative projects that often reach beyondthe tech industry. These events provide opportunities for networking, teamwork, and innovation.</span></span></span></span><div><br/></div>

= Faculty Innovation The Business Builders Club hosts pitch competitions like IdeaPitch and Entrepreneurship =signature events like The Startup Career Fair in order to provide a foundation for innovation on campus and connect current founders to the resources they need. Business Builders Club has grown significantly over the past two years, indicating an overall rise in student entrepreneurship initiatives at Ohio State. This increased interest and entrepreneurship will continue to grow and evolve as more alumni founders come back to campus and more venture firms enter into Columbus looking for early stage startups.

=Faculty at Ohio State are renowned academic researchers, creating applications with potential for widespread impact in areas ranging from third world public health solutions, all the way to access to basic resources Innovation and materials at incredibly low price points. However, recent assessments of faculty perception of I&E on campus has yielded some troubled thoughts on what faculty thinks is available to help see their ideas through the product lifecycle, and what is&nbsp;''actually&nbsp;''available. In fact, there are several organizations on campus aimed at assisting faculty. Adjunct faculty in the Department of Biomedical informatics have been widely successful with a number of commercial activities, ranging from consultant work to founding and creating their own software and clinical workflow startups. In fact, many of these startups have gone on to become mainstream components of the Ohio State University workflow and gold standards, a feat depicting the high levels of support that are offered to faculty through organizations like TechColumbus, BioOhio and the Technology Commercialization Office and IDEA Studio at Ohio State.&nbsp; Recently, Ohio State became part of the KERN Entrepreneurship Education Network. Part of this partnership looks to increase the amount of faculty engagement with I&E. Lastly, the Institute for Materials Research connects its network of faculty and researchers to companies looking for help solving their most pressing problems. Utilizing an interdisciplinary approach, they provide exceptional results and access to companies.&nbsp;=

= Faculty at The Ohio State University Technology Transfer Function =are renowned academic researchers, creating applications with potential for widespread impact in areas ranging from third world public health solutions, all the way to access to basic resources and materials while maximizing cost efficiency. However, recent assessments of faculty perception of innovation and entrepreneurship on campus has yielded some troubled thoughts on what faculty thinks is available to help see their ideas through the product life-cycle, and what is actually available. Faculty have a misperception that there is a lack of resources designated towards them specifically.

The Technology Commercialization Office (TCO) reality of the situation is that there are several organizations on campus aimed at The Ohio State University offers excellent services assisting faculty in entrepreneurial endeavors. Adjunct faculty in the Department of Biomedical Informatics have been widely successful with a number of commercial activities, ranging from IP strategy consultancy work to founding and protection to idea generation creating their own software and student entrepreneurial incubationclinical workflow startups. In particularfact, programs like Wake Up Start Up and the BOSS Competition encourage company formation around cutting-edge student ideas, whether or not businesses many of these startups have been developed around that idea already. Moreover, gone on to become mainstream components of the TCO offers unparalleled opportunities for entrepreneurs who are really dedicated game changers - access to key networks, introductions to TechColumbus Ohio State University workflow and other key investorsgold standards, accelerators and growth partners are just a few of feat depicting the several functionalities that the TCO provides. The main complain high levels of the TCO is support that they do not give students easy access are offered to faculty through organizations like Rev1 Ventures, BioOhio and the technology that Technology Commercialization Office and IDEA Studio at Ohio State researchers for them to form companies around.&nbsp;

With regards to tech commercialization, More recent innovative efforts from faculty members are unaware of the many beneficial resources readily available with help of have sparked new ideas that address how current technology can increase productivity and engagement in the TCOclassroom. As a result, Innovate hosts an annual conference at Ohio State has seen subpar commercializationthan brings educators, administrators, both in terms of quantity and quality when it comes tech-professionals together to pipeline productsenhance student learning through reimagined best practices and innovative approaches that utilize recent technological advances. As a resultFrom incorporating virtual and augmented reality into learning methodologies to addressing access and affordability, the university has seen several clubs form, with a mission this group is innovating solutions to lubricate the pipeline. One some of the notable organizations involved here is Universities Allied for Essential Medicines (UAEM)university’s most pressing issues.&nbsp;

= Regional Overall, engagement with large corporate innovation remains heavily in the silos of specific research departments. As a whole, the university is looking to use their Corporate Development office as a tool to facilitate touchpoints with companies looking for innovative technologies or sponsored university projects. One of the best examples of this is the Institute for Materials Research which connects its network of faculty and Local Economic Development Efforts =researchers to companies looking to solve their toughest problems with physical materials.

The Recently, Ohio State University has partnered with several well-established institutions with the intention became part of recruiting talent and promoting regional economic development in the areaKERN Entrepreneurship Education Network. Partnerships with TechColumbus and Drive Capital have generated millions in valueEssentially, while providing entrepreneurs, both students, and this partnership provides a foundation to increase the amount of facultyengagement with I&E. Lastly, with the opportunity to incubate, accelerate and then fundraise within one geographic vicinity. The Ohio State University is known Institute for Materials Research connects its excellent academic research, network of faculty and in researchers to companies looking for help solving their most pressing problems. Utilizing an effort to sponsor truly translational innovationinterdisciplinary approach, has partnered with these groups they provide exceptional results and access to build valuecompanies.&nbsp;

The Ohio State =University is also dedicated to its support of regional powerhouses - Columbus is rated the most intelligent city in the nation for its plethora of big companies and corporate power, including but not limited to Cardinal Health, JPM, Limited Brands and more. This has encouraged more big business in the area, which thereby introduces the need for innovative startups, which often see support from Ohio State's many partners.&nbsp;Technology Transfer Function=

Similarly<span style="font-size:small;"><span style="font-family:verdana, partnerships with Venture Capitalists and Institutional funds such as Lumos Innovationgeneva,sans-serif;"><span id="docs-internal-guid-ce7140cc-7fff-f63f-ec59-f17b40b023f4"><span style="color: rgb(102, Rev1 Ventures102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The Technology Commercialization Office (TCO) at The Ohio State University offers excellent services ranging from IP strategy and Prototype Capital has intertwined the campus with the thriving local resources. Students can interact with this network protection to grow their ideas idea generation and business while receiving&nbsp;mentorship student entrepreneurial incubation. In particular, programs like Wake Up Start Up and economic support from the experts in BOSS Competition encourage entrepreneurship and company formation around cutting-edge student ideas to push the areabounds of what is possible at Ohio State. As Columbus climbs into being Moreover, the fastest growing city in AmericaTCO offers unparalleled opportunities for entrepreneurs who are passionately dedicated game changers - access to key networks, it is crucial introductions to TechColumbus and other key investors, accelerators and growth partners are just a few of the several functionalities that Ohio State students take advantage of the countless opportunities in their own backyardTCO provides.</span></span></span></span>

<span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;"><span id="docs-internal-guid-ce7140cc-7fff-f63f-ec59-f17b40b023f4"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Still, the main pain point of the Technology Commercialization Office is that they do not give students easy enough access to the technology that Ohio State researches. This disables them from forming companies around these innovative technological advances.</span></span></span></span> <span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;"><span id="docs-internal-guid-ce7140cc-7fff-f63f-ec59-f17b40b023f4"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">With regards to tech commercialization, faculty members are unaware of the many beneficial resources readily available with help of the TCO. As a result, Ohio State has seen subpar commercialization, both in terms of quantity and quality when it comes to pipeline products. To combat this, the university has seen several clubs form with a mission to lubricate the pipeline. One of the notable organizations involved here is Universities Allied for Essential Medicines (UAEM).</span></span></span></span><div><br /></div> =Regional and Local Economic Development Efforts= <span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;"><span id="docs-internal-guid-185ca27e-7fff-5f30-29e7-3d985f39a2e8"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The Ohio State University has partnered with several well-established institutions with the intention of recruiting talent and promoting regional economic development in the area. Partnerships with TechColumbus and Drive Capital have generated millions of dollars in value, while providing entrepreneurs, both students and faculty, with the opportunity to incubate, accelerate and fundraise within one geographic vicinity. Ohio State is known for its excellent academic research and, in an effort to sponsor truly translational innovation, has partnered with these groups to build value. With the University beginning construction on a state-of-the-art interdisciplinary research facility to be part of its newly designed innovation district on West Campus, Ohio State has shown that it is dedicated to providing resources for start-ups to succeed in solving modern problems in conjunction with the University.</span></span></span></span> <span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;"><span id="docs-internal-guid-185ca27e-7fff-5f30-29e7-3d985f39a2e8"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The Ohio State University is also dedicated to its support of regional powerhouses - Columbus is rated the most intelligent city in the nation for its plethora of big companies and corporate power, including but not limited to Cardinal Health, JPM, Limited Brands and more. This has encouraged more big business in the area, thereby introducing the need for innovative startups. Many of the agile organizations often see support from Ohio State's many big partners.</span></span></span></span> <span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;"><span id="docs-internal-guid-185ca27e-7fff-5f30-29e7-3d985f39a2e8"><span style="color: rgb(102, 102, 102); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Similarly, partnerships with Venture Capitalists and Institutional Funds such as Lumos Innovation, Rev1 Ventures and Prototype Capital have infused the campus with countless resources from the thriving local community. Students can interact with this network to grow their ideas and businesses while receiving mentorship and economic support from experts in the area. As Columbus climbs towards becoming the fastest growing city in America, it is crucial that Ohio State students take advantage of the infinite opportunities in their own backyard.</span></span></span></span><div><br /></div> = Landscape Canvas =

= Ohio State's Entrepreneurial Rating =

<span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;">Objectively, The Ohio State University deserves an 6/10 for entrepreneurial activity. This is simply due to the fact that there has been significant growth and support of innovation for student ideas. The university has created several resources for student idea generation and incubation, and Columbus has a thriving startup community, now home to the largest maker space in the country. Dr. Camp, an Executive Director at the Center for Entrepreneurship at Fisher College of Business, is incredibly supportive of the I&E ecosystem on campus and has helped facilitate the development and growth of highly technical concepts into working business models that are investor and customer worthy.&nbsp;</span></span>

<span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;">The Ohio State University is lacking, however, in firmly convincing faculty of the importance and pragmatism underlying commercialization of their ideas. The commercialization effort should be more succinct and efficient with the faculty taking a more active approach in strategizing. With a top-notch cancer treatment and research facility, The Ohio State University should be generating a lot more game-changing drugs, diagnostics and research tools that we have seen in the market in the last decade. Assuming the activity of OSU UIFs remains high, this rating can be expected to improve on both quantitative and qualitative metrics.</span></span>

<span style="font-size:small;"><span style="font-family:verdana,geneva,sans-serif;">Moreover, while the Ohio State Univerisity recognizes the entrepreneurial work of its faculty, it is missing a large piece of the puzzle: its students. On the campus, students are lacking unique spaces to join together and create. Whether it involves design thinking, product development, or simply being surrounded by like-minded entrepreneurial students, there are no places on campus to do so. It is necessary to provide an area for students to foster a community of changemakers that will drive the University towards student-led success</span></span>.

= Related Links<br/> =

= <span style="font-size: 12px;">Contributors</span>= <u>Current Fellows<br/u> = Andrew Benisek Kaylee Chang [[Nolan Hanna|Nolan Hanna]] Angela Heaney Tinia Larkins [[Amun Mehta|Amun Mehta]] Mick Rash [[Astha Rastogi]] Lauren Saggar Jen Schlegel  <u>UIF Alumni</u> [[Erica Carlson|Erica Carlson]]