Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice...

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Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development [email protected]

Transcript of Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice...

Page 1: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

Exploring New Models of University-Industry PartnershipsA WPI Case Study

Stephen FlavinVice President, Academic and Corporate Development

[email protected]

Page 2: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

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

Page 3: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

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

Page 4: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

Different Approaches for Different Places

Academic and Corporate Development

• Development Centric

• Concierge Centric

• Startup / Tech Transfer

• Research Focus

• Corporate Centric

Page 5: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

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

Page 6: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

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

Page 7: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

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!

Page 8: Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu.

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

[email protected]