== '''Encouraging faculty innovation and entrepreneurship''' ==
Many faculty at Wichita State University identify that the university encourages them to pursue innovation in and out of the classroom. This is becoming more and more increasingly evident through the goals of the university's Strategic Plan. Wichita State University is working towards becoming an innovation university by transforming the world through innovation, applied learning, entrepreneurship, and economic impact.
WSU defines the following words as:
'''Economic Impact''' – Creating new avenues for financial growth while infusing existing industries with the resources needed for future success.
However, there is a clear sentiment that the incentive system of the university is not in line with promoting innovation through faculty. Faculty members recognize that the money on campus is in traditional research and building the innovation campus rather than on promoting faculty support of innovation and entrepreneurship.
An exciting new development is the Brenton Myers Innovation in Engineering Education Award. The purpose of this award is to provide funds for College of Engineering faculty to introduce new curriculum that is designed to implement innovative and entrepreneurial methods in the classroom. Although only engineering faculty will have access to these funds, effective strategies that are created by the faculty will be shared with other colleges in the university.
== '''Actively supporting the university technology transfer function''' ==