Changes

<span style="font-size:larger;"><span style="font-family:georgia,serif;"><span style="white-space: pre-wrap;">In 2018, Pitt and the Innovation Institute helped facilitate the approval of 98 US Patents and 162 licenses. Since 2014 a total of 420 patents have been issued through Pitt.</span></span></span>

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= University-Industry Collaboration<br/> =

<span style="font-size:larger;"><span style="font-family:georgia,serif;"><span id="docs-internal-guid-69774ec0-2e5d-aa25-b69b-a97fbdc0ce62"><span style="vertical-align: baseline; white-space: pre-wrap;">The University of Pittsburgh utilizes the Innovation Institute and the Big Idea Center to give students a more hands on approach when it comes to innovation and entrepreneurship. In 2018 alone, Pitt startups have gained $1.23 billion in third-party investments to assist in funding. Pitt has served 1,209 businesses this past year, while aquiring 250 member companies. This has also contributed to a $31.7 million sales increase.&nbsp;</span><span style="vertical-align: baseline; white-space: pre-wrap;">Students are working hands-on with clinicians and are bringing small ideas to life, which are leading to larger successes down the road. &nbsp;Many of these ideas start as small projects but turn into start-up companies and small businesses. &nbsp;The bottom line is industry collaboration is not necessary to make entrepreneurs at Pitt successful, better collaboration between departments will lead to a booming age of entrepreneurial partnership between UPMC and the rest of the university.</span></span></span></span>

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= Regional and Local Economic Development Efforts =

*<span style="font-size:larger;"><span style="font-family:georgia,serif;">Pittsburgh is now home to a local Protohaven branch. &nbsp;This Protohaven houses machine shops and electronic labs for design and is posed to become a design hub.</span></span>

*<span style="font-size:larger;"><span style="font-family:georgia,serif;">Ascender - a non-profit organization that hosts business plan competitions an incubator space, and great networking opportunities for budding entrepreneurs.</span></span>

*<span style="font-size:larger;"><span style="font-family:georgia,serif;">Startup Weekend Pittsburgh began in 2012, following the national movement, allowing anyone to pitch their startup idea and receive feedback from their peers.&nbsp;</span></span>

= <span style="font-family:georgia,serif;">The Innovation Institute and The Big Idea Center</span><br/> =

=== '''<span style="font-size:large;"><span style="font-family:georgia,serif;">''Innovation Institute''</span></span>''' ===

<div><span style="font-size:larger;"><span style="font-family:georgia,serif;">The announcement of the University of Pittsburgh Innovation Institute in 2013 began a dramatic increase in innovative and entrepreneurial activities at the University of Pittsburgh. The Innovation Institute serves as the housing entity for the Office of Technology Management, the Office of Enterprise Development, and Institute for Entrepreneurial Excellence. The Innovation Institute’s mission is to promote and foster a community of innovation throughout the Pitt campus, and to unite the various Pitt colleges, faculty, and students in entrepreneurial endeavors.</span></span></div><div><br/><span style="font-family: georgia, serif; font-size: larger;">The Innovation Institute manages design and business competitions, events, and educational opportunities for aspiring innovators. One of the most prominent competitions is the Randall Family Big Idea competition, a competition focused on start-up creation and exploring the potential of new ideas. The Big Idea competition supports twelve winners with upwards of $25,000 in support of their idea. Student teams learn how to pitch ideas orally and via video media, develop business plans, evaluate intellectual property, and potentially start full-fledged companies. Other competitions include hackathons, such as the brand-new She Innovates! all-womens hackathon as well as the IBM Smart-tag hackathon. &nbsp;Startup Weekends, give students the opportunity to meet like-minded students of different disciplines as they contemplate their own ideas. Long-lasting competitions, such as the Pitt Innovation Challenge (PINCH) and the Pitt Mobile App Challenge provide students the exposure to innovation competitions.</span></div><div><br/></div><div><span style="font-family: georgia, serif; font-size: larger;">The Innovation Institute manages events that allow Pitt students to learn from entrepreneurs at Pitt and in the Pittsburgh area. Last fall [circa 2016 or earlier], the Innovation Institute hosted the first MIT Enterprise Forum at Pitt, a public event at which students and faculty could learn from local entrepreneurs at various stages in the commercialization process. The Innovation Institute also hosts free seminars so that students may learn about different aspects of entrepreneurship, from general workshops on business model formation, to specific seminars discussing how to start a business on an F-1 Visa. &nbsp;Furthermore, the Innovation Institute provides formal classes, such as the Benchtop-to-Bedside course, to provide faculty and students with the support needed to translate research projects into sustainable businesses. Outside of the University of Pittsburgh, the Innovation Institute promotes Pittsburgh community events including the Thrival Innovation and Music Festival, the Steel City Codefest, and the Three Rivers Venture Fair. The Innovation Institute maintains relationships with investors, business networks, and local accelerators including Innovation Works, the Alphalab and Alphalab Gear Accelerators, the Idea Foundry, and Thrill Mill.</span></div><div><br/><span style="font-family: georgia, serif; font-size: larger;">The presence of the Innovation Institute is spurring new movements from both students and faculty. Undergraduate and graduate clubs such as Enactus, Launch Pitt, the Pitt Startup Network, and Design Hub, are committed to giving students the exposure to both hard- and soft-skills, innovative practices, and most importantly design thinking mentalities. &nbsp;Faculty at the engineering school are sponsoring the Design Expo, an event that, showcases the design projects of seniors involved in their capstone project. Finally, new undergraduate and graduate course offerings include The Art of Making: An Introduction to Hands-On Systems Design and Engineering; Medical Product Ideation; Technology Innovation, Adoption, and Diffusion; Entrepreneurship and New Venture Initiation; and Client-Centered Rehabilitation Engineering Design.&nbsp;</span></div>

= <span style="font-family:georgia,serif;">Landscape Canvas</span> =

<span style="font-size:larger;"><span style="font-family:georgia,serif;">This Landscape Canvas was updated in September of 2019.</span></span>

<span style="font-size:larger;"><span style="font-family:georgia,serif;">[http://universityinnovation.org/wiki/Karuna_Relwani Karuna Relwani]</span></span>

[[Category:Universities]]