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School:University of Southern California

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= Student Entrepreneurship =
'''Spark SC&nbsp;'''serves as the main entrepreneurship, innovation, and tech student organization campus. They ignite innovation by empowering students to develop their entrepreneurial potential and by fostering collaboration within the USC and Los Angeles community. Spark does this by exposing USC students of all majors and backgrounds to entrepreneurial thinking and innovative problem solving, giving students the confidence to pursue their entrepreneurial endeavors, contributing to the growing momentum of Los Angeles entrepreneurship, and connecting industry leaders and experienced entrepreneurs to the USC community.
 
'''LavaLab&nbsp;'''is another student organization on USC's campus that promote the entrepreneurship ecosystem. They are a student-run, product incubator where every semester, a new cohort of visionary designers, developers, and project managers build tomorrow’s startups, today. In LavaLab, students get the opportunity to ideate, design, and execute their ideas in an actual startup format. At the end of the semester, teams in LavaLab pitch to industry venture capitalists for the chance to get feedback and potential funding on their projects.
'''The Center for Technology Commercialization''' (CTC) at USC Marshall School of Business has several innovation and entrepreneurship programs for students. *'''MBA Commercialization Teams''': Through '''''the Technology Feasibility Course''''', '''''the Ideas Empowered Program''''', and by special request from researchers, CTC recruits MBA students to join researchers to conduct technology/market roadmaps, feasibility studies, and business design. *'''Internships''': Graduate and undergraduate students can apply for internships in startups through CTC’s partnership with '''''the Business Technology Center''''' of the County of Los Angeles, and with USC alumni.
'''The Entrepreneurship and Venture Management''' concentration at USC Marshall School of Business provides students with a thorough grounding in the business skills needed to start or manage a rapidly growing business. The courses offered not only give students the skills to excel in established industry roles; they also give the students the ability to spot and take full advantage of opportunities in small firms.
The'''Technology Commercialization''' concentration at USC Marshall School of Business prepares students to work in a variety of careers associated with technology commercialization. These include managing technology development projects; intellectual property or project portfolio; consulting to companies seeking to derive new revenue streams off archived IT; consulting to companies in the areas of technology and market feasibility; and managing commercialization effort.&nbsp; In addition, the concentration prepares the entrepreneur to take a technology from idea to market with in-depth and real-world knowledge of the technology commercialization process.
'''The USC Entrepreneurship Club''' (eClub) helps students learn about entrepreneurship and launch their companies or ideas outside of the classroom, regardless of their major. For over a decade, the organization has served as an entrepreneurship hub for students and alumni. The eClub is also committed to organizing highly valuable and innovative events, while creating a support structure of resources, networks, and opportunities for startup and existing businesses.
'''The USC Student Innovator Showcase and Competition''' presented by the USC Stevens Institute for Innovation, is a university-wide innovator showcase which gives parents and students a highly interactive glimpse into the imaginations of USC student innovators, and a sneak peek at tomorrow's world. The showcase is hosted each year during the opening day of Trojan Family weekend and is followed by an awards reception (which includes cash prizes).
= Faculty Entrepreneurship =  '''The Lloyd Greif Center for Entrepreneurial Studies''' develops, supports, and disseminates leading-edge interdisciplinary scholarship on entrepreneurship. Among other programs and services, the Center provides research support to faculty members for entrepreneurship-related projects through its annual '''''Faculty Research Awards'''''. In 2011, the Greif Center awarded three faculty research grants totaling $11,000. Other programs include:
'''The Lloyd Greif Center for Entrepreneurial Studies''' develops, supports, and disseminates leading-edge interdisciplinary scholarship on entrepreneurship. Among other programs and services, the Center provides research support to faculty members for entrepreneurship-related projects through its annual '''''Faculty Research Awards'''''. In 2011, the Greif Center awarded three faculty research grants totaling $11,000. Other programs include: *'''The Greif Seminar Series''' brings leading entrepreneurship researchers to the Marshall School to present their recent work &nbsp;;
*'''Greif-sponsored Conferences''' bring together academics from around the world to present and discuss recent research; and
*'''The Greif Research Impact Award''' is a $5,000 annual award given to the researcher(s) who publishes the most impactful entrepreneurship article in top management and entrepreneurship journals.
&nbsp;  '''The James H. Zumberge Research and Innovation Fund''' is USC’s university-wide faculty research grant support mechanism. It awards several hundred thousand dollars each year through its annual James H. Zumberge Awards competition. The Zumberge Fund promotes the initiation of research at USC through two types of awards: Individual Awards and Interdisciplinary Awards. Recipients of Zumberge Interdisciplinary grants also derive these added benefits:
'''The James H. Zumberge Research and Innovation Fund''' is USC’s university-wide faculty research grant support mechanism. It awards several hundred thousand dollars each year through its annual James H. Zumberge Awards competition. The Zumberge Fund promotes the initiation of research at USC through two types of awards: Individual Awards and Interdisciplinary Awards. Recipients of Zumberge Interdisciplinary grants also derive these added benefits:
*Individual Awards help newer faculty launch their research careers, and support research in areas with limited external funding opportunities through grants of up to $25,000;
*Interdisciplinary Awards of up to $50,000 foster collaborative efforts among faculty from different schools and disciplines that lead to sustained interdisciplinary research programs and projects;
*$5 million per year in support from the '''''National Science Foundation’s Science''''' and '''''Technology Center''''' program, to establish the '''''Center on Dark Energy Biosphere Investigations''''' at USC; and *More than $4 million per year from the '''''National Institutes of Health''''' to bring the '''''Bioinformatics Research Network''''' (BIRN) to USC.
= University Technology Transfer Functions =
The USC Stevens Institute for Innovation is a university-wide resource in the Office of the Provost designed to harness and advance creative thinking and breakthrough research at USC for societal impact. The Stevens Institute nurtures, protects, and transfers the most exciting new innovations from USC to the market and thus provides a central connection for industry seeking cutting-edge innovations in which to invest.
The Stevens Institute develops the innovator as well as innovations, through educational programs, community-building events, and showcase opportunities. From the biosciences and technology, to music and cinematic arts, USC Stevens connects faculty, students, and the business community to create an environment for stimulating and inspiring innovation across all disciplines.
'''The Alfred E. Mann Institute for Biomedical Engineering''' (AMI) at USC facilitates a faculty-welcoming process to help inventors mature their creations so that they can be transformed into commercially-viable medical products that help people and generate successes for inventors.
Beginning with a free consultation, AMI USC professionals provide a range of services for investors and companies including:  *Information on how to start a new own company; *Detailed education on the commercialization process; *Intellectual Property (IP) evaluation and market analysis; and
*Comprehensive assistance to inventors with the entire process of maturing their inventions for commercialization
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'''The Center for Technology Commercialization''' (CTC) at the USC Marshall School of Business mission is to identify, encourage, and support technology entrepreneurship activities among faculty, students, and staff. CTC assists in the areas of IP issues, business feasibility analysis, business design, start-up financing, management team acquisition, preparation for funding, and related issues.
<br/>'''The Center for Technology Commercialization''' (CTC) at the USC Marshall School of Business mission is to identify, encourage, and support technology entrepreneurship activities among faculty, students, and staff. CTC assists in the areas of IP issues, business feasibility analysis, business design, start-up financing, management team acquisition, preparation for funding, and related issues. = University-Industry Collaboration =
USC welcomes industry collaboration to commercialize research, nurture startups, attract and motivate commercialization talent, and educate and train a world-class workforce.
'''The Ideas Empowered Program''' completed its pilot year in 2010. The program provides rigorous mentoring, programmatic support, and more than $450,000 in proof of concept funding to seven breakthrough ideas that have the potential to spinout of USC within two years. One of these projects, Cred.FM - led by USC School of Cinematic Arts professor and Co-founder of the EA Game Innovation Lab at USC, Chris Swain, has already completed their proof of concept within a year of participation in the program and will soon launch a beta of their social networking music sharing game. The USC Viterbi School of Engineering, Keck School of Medicine of USC, the USC Stevens Institute for Innovation, and the Los Angeles Basin Clinical Translational Science Institute (CTSI) have been selected to participate in the exclusive Coulter Translational Research Partnership Program. Announced in April 2011, the prestigious program awards pioneering institutions that are fostering tomorrow’s translational technologies and innovations in biomedical health care. The ultimate goal of this partnership is to focus on outcomes that will save, extend, and improve patient lives.
The USC Viterbi School of Engineering, Keck School of Medicine of USC, '''Johnson & Johnson '''and the USC Stevens Institute for Innovation, and the Los Angeles Basin Clinical Translational Science Institute (CTSI) have been selected joined forces to participate in form the exclusive Coulter USC – JNJ Translational Research Innovation Partnership Program. Announced in April 2011, the prestigious program awards pioneering institutions that are fostering tomorrow’s translational designed to more rapidly develop early stage health science and medical technologies . Johnson & Johnson’s Corporate Office of Science and innovations in biomedical health careTechnology (COSAT) will provide $250,000 over two years. The ultimate goal of USC Stevens Institute will lead a joint USC / JNJ COSAT review committee to identify groundbreaking ideas developed by USC’s faculty for funding through this partnership program. The program is structured to focus on outcomes that will save, extend, create a collaborative environment between academic and improve patient livesindustry peers.
'''Johnson & Johnson '''TEDxUSC has become a global phenomenon. TEDxUSC has been one of the most sought after, inspiring, jaw dropping, and entertaining conferences hosted by the USC Stevens Institute for InnovationUniversity of Southern California. The presenter line-ups fascinate and delight guests, with mind-blowing technology demos, captivating talks, joined forces to form and stirring musical performances. Since creating TEDxUSC in March of 2009 and distributing the USC – JNJ Translational Innovation Partnership Programbest practices, designed to more rapidly develop early stage health science than 2000 TEDx events have taken place in more than 90 countries and medical technologies37 different languages. Johnson & Johnson’s Corporate Office of Science partners have included PricewaterhouseCoopers and Technology (COSAT) will provide $250Red Bull USA,000 over two years. The USC Stevens Institute will lead a joint USC / JNJ COSAT review committee to identify groundbreaking ideas developed by USC’s faculty for funding through this program. The program is structured to create a collaborative environment between academic and industry peersamong others.
TEDxUSC has become a global phenomenon. TEDxUSC has been one of the most sought after, inspiring, jaw dropping, and entertaining conferences hosted by the University of Southern California. The presenter line-ups fascinate USC Stevens Institute will continue outreach to partner with stellar private companies to fund and delight guests, with mind-blowing develop technology demos, captivating talks, and stirring musical performances. Since creating TEDxUSC in March of 2009 and distributing the best practices, more than 2000 TEDx events have taken place in more than 90 countries and 37 different languages. Corporate partners have included PricewaterhouseCoopers and Red Bull USA, among otherstranslation.
The USC Stevens Institute will continue outreach to partner with stellar private companies to fund = Regional and develop technology translation. Local Economic Development =
= Regional The University of Southern California leverages its unique relationships with industry, government, and Local Economic Development = nonprofits to spur economic development and encourage innovation across campus and throughout the nation.
The University of Southern California leverages its unique relationships with industryAn independent economic study suggests that USC generates $4.9 billion annually in economic activity in the Los Angeles region and beyond. By December, government2008, USC produced about $2.1 billion dollars in total direct spending: wage and nonprofits to spur economic development payroll expenditures of $1 billion, capital projects spending of $130 million and encourage innovation across campus various purchasing expenditures of $430 million. Students spent another $503 million for goods and throughout services, while visitors to USC spent about $12 million in the region. For every dollar spent by USC in Los Angeles County, an additional 63 cents of output was created elsewhere in the nationregional economy.
An independent economic study suggests that Capital improvement projects at USC generates $4.9 billion annually in also provide economic activity in benefits for the City of Los Angeles region , Los Angeles County, and beyondthe immediate community. By December, 2008, The new housing at the Village at USC produced about $2.1 billion dollars in total direct spending: wage and payroll expenditures will provide more options to host a greater number of $1 billionUSC students, capital projects spending of $130 million faculty and various purchasing expenditures staff within walking distance of $430 millioncampus. Students spent another $503 million The university-owned area north of campus, including the new Village development, will provide housing for goods up to 5,200 students and services, while visitors to USC spent about $12 million 250 faculty/student family apartments in the region. For every dollar spent by USC in Los Angeles County, an additional 63 cents a variety of output was created elsewhere in the regional economyhousing types including studios to four bedroom units.
Capital improvement projects at USC also provide economic benefits for the City Crucially construction of Los Angeles, Los Angeles County, and the immediate community. The new housing at the Village at USC will provide more options is expected to host a greater number of USC students, faculty and staff within walking distance of campus. The university-owned area north of campus, including the new Village development, will provide housing for up to 5,200 students and 250 faculty/student family apartments in a variety of housing types including studios to four bedroom units. economic gains:
Crucially construction of the Village at USC is expected to provide economic gains: *12,000 new jobs (4,000 construction-related, 8,000 permanent) throughout the Specific Plan development area; *$1.1 billion construction‐related economic impact on the Los Angeles County economy; *$2.8 million in one‐time construction revenue for the City of Los Angeles; *$1.7 million in annual revenue benefits for the City of Los Angeles from The Village of USC operations; and
*$3.8 million in tax increment to the Community Redevelopment Agency through the year 2030; this is the single largest addition of tax increment revenue in South Los Angeles.
 <br/>These are just but some of the several ways activities at USC drives and benefits the regional economy.
= Deep-Dive Questions =
<div><br/>______________________________________________________________________________________________<div id="ftn1"><sup>10</sup> &nbsp;Comments by: Krisztina "Z" Holly, former Vice Provost for Innovation, USC, & Executive Director, the USC Stevens Institute for Innovation.</div><br/></div>
<br/>______________________________________________________________________________________________<br/>C. L. Max Nikias Biography:
<div><div id="edn2">Krisztina “Z” Holly:</div><div id="edn3">CTC Opportunities for Students:</div><div id="edn4">Entrepreneurship & Tech Transfer Program:</div><div id="edn5">The eClub:</div><div id="edn6">USC Student Innovator Showcase and Competition:</div><div id="edn7">The Lloyd Greif Center for Entrepreneurial Studies:</div><div id="edn8">The James H. Zumberge Research and Innovation Fund:</div><div id="edn9">AMI USC:</div><div id="edn10">Center for Technology Commercialization:</div><div id="edn11">The Ideas Empowered Program:</div><div id="edn12">USC – JNJ Translational Innovation Partnership Program:</div><div id="edn13">USC Impact: &nbsp; Source: "The Innovative and Entrepreneurial University: Higher Education, Innovation & Entrepreneurship in Focus", Department of Commerce, October 2013.</div></div><br/><br/> = Related Links = [http://universityinnovation.org/wiki/University_of_Southern_California University of Southern California Page] [http://universityinnovation.org/wiki/University_of_Southern_California_Student_Priorities University of Southern California Student Priorities Page]  [[Laura Gouillon]]
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