Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice...
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Transcript of Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice...
Exploring New Models of University-Industry PartnershipsA WPI Case Study
Stephen FlavinVice President, Academic and Corporate Development
The Evolving Model at WPI
Academic and Corporate Development
• Demonstrated Success in Corporate and
Professional Education (CPE)
• Academic Deans and New Opportunities
• Creation of Academic and Corporate
Development Division
Corporate Engagement Expectations
Academic and Corporate Development
•Higher levels of service
• Access to multiple points of contact
• Proactive assistance in connecting
with faculty, students and university
resources
• A coordinated approach to
interaction
Different Approaches for Different Places
Academic and Corporate Development
• Development Centric
• Concierge Centric
• Startup / Tech Transfer
• Research Focus
• Corporate Centric
Metrics of Success
Academic and Corporate Development
• Increase the number and frequency of
beneficial interactions with industry for faculty,
students and alumni
• Increase in the total investment and
commitments from industry to campus as
measured through resources, including gifts,
sponsored projects/research contracts and
revenue generated through services
Specific Examples
Academic and Corporate Development
• WPI’s Biomanufacturing Education and
Training Center
• Significant increase in sponsored
projects, research and gifts.
• Broader and deeper relationships with
identified key relationships – Top 12
Enablers and Challenges
Academic and Corporate Development
• Incentives – individual, department and school
• Alignment with academic priorities
• Information – data integrity, collection and
ability to share
• Institutional support – there is an investment!
What models are working at your institution?
How is “Comprehensive Corporate Engagement” achieved at your institution?
THANK YOU!Stephen FlavinVice President, Academic and Corporate Development