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= <span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">[[File:DoubleTTexasTech.gifjpg|right|DoubleT.gif]]Introduction</span></span><big><span style="font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">:</span></big> =
<span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">With over [http://www.depts.ttu.edu/vpr/researchers/centers-institutes.php 60 centers and institutes] in addition to recently being named a Tier 1 Research Instiution by the Carnegie Foundation, </span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">research is strong throughout many departments within Texas Tech University. However, efforts are continuously being made to translate this research and innovation into industry and commerical application. With the recent construction of the [http://www.depts.ttu.edu/vpr/research-park/about/index.php Research Park & Innovation Hub], resources are readily available to startups and technology commercialization initiatives. When summed together, these effots result in massive strides forward for the entrepreneurial ecosystem of Texas Tech.</span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap"> </span></span>
<span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">[http://doubletimettu.org Texas Tech Innovation Mentorship and Entrepreneurship (TTIME)] </span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">is a student organization for both undergraduate and graduate students of any discipline. This program promotes entrepreneurship through connecting students with innovative faculty mentors, local entrepreneurs, and the resource channels to go from concept to customer.</span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">The Officer Office of the Vice President for Research (OVPR) currently hosts [http://texastech.3daystartup.org/ 3 Day Red Raider Startup], an intensive, bi-annual, weekend-long event that exposes students to the science of successfully starting a business. From idea, to market validation, to the investor pitch, students gain invaluable entrepreneurial experience while simultaneously expanding their skill set.</span></span><span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 15px; white-space: pre-wrap; background-color: transparent;">The OVPR also hosts the </span>[http://www.kineticaccelerator.com/ Kinetic accelerator cohort]<span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 15px; white-space: pre-wrap; background-color: transparent;">, an annual, semester-long program. Kinetic contains two sections; technology commercialization and student entrepreneurs who are looking thorough mentorship and guidance for their own startup.</span>
<span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">The [https://www.facebook.com/ttumeig/?fref=ts Media Entrepreneurship and Innovation Group] is a student organization from the College of Media and Communications that promotes startup media companies and entrepreneurial projects. They host multiple pitch competitions, speaker series, and events where student entrepreneurs can come together and share ideas and experiences.</span></span>
= <span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-family: Arial; color: rgb(51, 51, 51); font-weight: bold; vertical-align: baseline; white-space: pre-wrap">Encouraging Faculty Innovation and Entrepreneurship:</span></span> =
<span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">Faculty 's primary responsibility lies in research but they should also partake ; however, moderate participation in some entrepreneurial endeavors (60/40)should also be encouraged. Faculty already have With extensive dedication to teaching and research responsibilities which take up , faculty can devote upwards of 60 to 80 hours of their timeon these two areas. </span></span><span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 15px; white-space: pre-wrap;">Therefore, expecting them to also chase after companies to buy into their research or consider their patent portfolio should be incentivized for doing extra work.</span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">The [https://www.depts.ttu.edu/vpr/commercialization/ Office of Research Commercialization] (ORC) does provide a way for research to be patented and commercialized, however, the system doesn't have the best reputation. One professor has had several research discoveries rejected as patents, and within weeks or months of publishing his research large companies came forward to ask him to give a talk on it. So the university missed out on an opportunity because people in the ORC didn't understand the potential value of the research. The old system (according to faculty and staff) didn't include enough a rigorous enough process for evaluating the value of research. It's currently undergoing changes that were started after new leadership took over.</span></span>
= <span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-family: Arial; color: rgb(51, 51, 51); font-weight: bold; vertical-align: baseline; white-space: pre-wrap">Actively Supporting the University Technology Transfer Function:</span></span> =
<span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">It is the responsibility of the Office of Research Commercialization to recognize when a technology is considered groundbreaking, especially after winning many accolades (i.e. Dr. Harvinder Gill's Pollen and Microneedle patents). Staff should be taught to analyze and interface with faculty regularly following up with faculty on their projects and interest in industry partners. It would help if there were subject matter experts in the office with technical qualifications in the faculty disciplines; be it a phD PhD in engineering, Biology, Computer Science and MBA and a JD. The staff in the commercialization office needs to be motivated</span><span style="font-size: 15px; font-family: Arial; vertical-align: baseline; white-space: pre-wrap; background-color: transparent;"><font color="#333333"></font></span></span>
<span><span style="font-size: 15px; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; vertical-align: baseline; white-space: pre-wrap">A relatively new avenue for research commercialization is the Kinetic accelerator. It's run by someone with many years of experience in this field and they specifically encourage students to take on the task of commercializing TTU research and patents.</span></span>
= <span id="docs-internal-guid-8e3ce55c-4220-609f-6ecf-ce9ff068433f"><span style="font-family: Arial; font-weight: bold; vertical-align: baseline; white-space: pre-wrap">Landscape Slidedeck/</span></span><span style="font-family: Arial; font-weight: bold; white-space: pre-wrap">Canvas:</span> =
[https://docs.google.com/presentation/d/19Vk8LX6LL-oVgSeraZpYLjtrEUA72Eoqm6Y8smb2Hy8/edit?usp=sharing Click here to view the Spring 2016 Landscape Slidedeck.]
= <span id="docs-internal-guid-8e3ce55c-422f-91b6-e021-6e89c931a321"><span style="font-size: 15px; font-family: Arial; color: rgb(51, 51, 51); font-weight: bold; vertical-align: baseline; white-space: pre-wrap">Related Links:</span></span><br/> =
[http://universityinnovation.org/wiki/Isaac_Griswold-Steiner <span style="font-size:larger;">Isaac Griswold-Steiner</span>[Alvin Kim|Alvin Kim]]
[http://universityinnovation.org/wiki/User:JaredSteele <span style="font-size: larger;">Jared Steele</span>[Braxton manley|Braxton Manley]]
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[[Category:Texas_Tech_University]]
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