MIT Industrial Liaison Program Regional Competitiveness Program.

MIT Industrial Liaison ProgramRegional Competitiveness Program

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About the MIT ILP RegionalCompetitiveness Program

• Why Industry Comes to Academia

• Academia’s Research Engine

• About MIT and its Industrial Liaison Program

• Why Strengthen Regional Competitiveness

• The Cambridge/Boston Innovation Ecosystem

• What is the Regional Competitiveness Program

• RCP Member Benefits and Member Services

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Why Industry Comes to Academia

• Expose management to leading-edge thinking, technology

• Gain insight from internationally-recognized experts

• Strengthen strategic decision-making:– development of new products and processes

– implementation of innovative management practices

– achievement of effective growth strategies

• Create research synergies

• Recruit future company leaders

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Academia’s Research Engine

• US universities are estimated to perform $50.6 billion in R&D in 2009.

– Recent trend has been approx. 75% basic, 25% applied.

• Academia continues to perform more than half of the nation’s total basic research.

– Basic research drives new knowledge, innovation.– Industry is weakening its concentration in support of basic research.

• Federal government continues to provide the majority of funding for academic R&D.

– Estimated federal share of academic R&D funding in 2009 is 60%.– This represents a 0.6% increase from 2008.

• Estimated industry funding of academic R&D is $3.1 billion in 2009.– This represents a 3.9% increase from 2008.– Interest continues to grow in participating in collaborative research programs involving industry and

universities.– Industrial support accounts for the smallest share of academic R&D funding.

• Academic R&D will account for an estimated 13.2% of total R&D performed in 2009.

• Industry continues to decrease its support of basic research.

Source: Battelle 2009 Global R&D Funding Forecast

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On-Campus R&D: $718 million

Industry Sponsored R&D — $116 million

Licensing — $75.7 million

Gifts — $45.6 million

Other — 9.3 million

Total Industry Support: $241.3 million

Source: OCR FY09 Industry Support(unaudited as of 8/25/09)

$116 million (16%)

Source: MIT Data Warehouse — FY09 Expenditures by Sponsor (unaudited) 8/21/09

Industry Sponsored R&D

MIT Research Funding — FY2009

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Solving Real-World Problems

• MIT researchers focus on discoveries of real practical impact, strong commercial value

• Vibrant patenting/licensing activity

– 501 new invention disclosures FY 2009

– $75.7 million total licensing revenue

– 131 patents filed, 67 licenses granted

• 2009 Kauffman Foundation Entrepreneurship Study

– 25,000+ companies founded by MIT alums

– 3.3+ million jobs

– $2 trillion in annual world sales

• 708 companies provided R&D/gift

support in FY 2008

– 30 companies funded $1M+

– 158 companies funded $100K - $1M

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MIT Technology Powerhouse

Research CenterResearch Center

• 72 MIT-related Nobel Prize winners– Including 7 current faculty members

• 5 schools, 33 departments/divisions/sections/other programs

– 57 interdisciplinary research units

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Advancing Your Agenda at MIT

• MIT poses a complex challenge– How to find the right experts?

– How to learn from the vast experience of the Cambridge/Boston innovation ecosystem?

– How to identify the right programs and meet the right people?

– How to organize the right interactions?

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COMPANYCOMPANY

• The ILP is industry’s chief gateway and guide to MIT

• Provides expert counsel on building productive partnerships

• Develops customized, cost effective programs– Assess, address strategic research needs– Facilitate faculty, researcher interactions– Monitor emerging technologies and innovative management practices

ILPCompany

What is the Industrial Liaison Program?

MITMIT

COMPANIESCOMPANIES

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ILP Facts

• Founded in 1948

• Largest program of its kind in the world

• Provides actively-managed, facilitated access to the rich resources at MIT for industry and other technology-based organizations

• Worldwide membership– 31% N. America, 30% Asia, 32% Europe, 7% Other

– broad range of industrial sectors, both traditional and high-tech

• 19 Industrial Liaison Officers*– average 15 years of industry experience

– most with advanced degrees

*as of October 14, 2008

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Industrial Liaison Officer

• An MIT-based professional who provides a highly-productive interface to help initiate, integrate and manage the organization’s MIT interactions

– Knows the organizations’ people and business, and needs of stakeholders in the MIT relationship

– Knows MIT and its resources

– Helps interest MIT people in meeting with and working with the organization

– Provides an easy-to-use central point of access to MIT information and interactions for anyone in the organization

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Access to MIT

• 195 of the world’s leading organizations partner with the Industrial Liaison Program to advance research agendas at MIT (FY08)

• ILP member organizations account for approximately 31% of all corporate gifts and single-sponsored research expenditures at MIT

• Government and NGOs can now take advantage of the rich history and deep expertise of ILP to build and strengthen regional competitiveness

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Strengthening Regional Competitiveness

• Creates an environment that fosters innovation and encourages entrepreneurship and job creation

• Regional, economic, business, and trade development groups have long visited the Cambridge/Boston area to learn from the areas’ success

• Universities play a vial role in fostering, sustaining, and propagating the entrepreneurial and innovation-related activities of many such regional economies

• MIT is the epicenter of the east coast of the US’s innovation ecosystem

• Economic development visitors to the area wish to replicate the complex mix of new business creation and idea development to create meaningful clusters of competence that could stimulate further investment and job creation

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Kauffman Foundation 2009 Study

“Conservatively, if the active companies founded by MIT graduates formed an independent nation, their revenues would make that nation at least the seventeenth largest economy in the world. A less conservative direct extrapolation of the underlying survey data boosts the numbers to 25,800 currently active companies founded by MIT alumni that employ about 3.3 million people and generate annual sales of $2 trillion, producing the equivalent of the eleventh largest economy in the world.”

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The Cambridge/Boston Innovative Ecosystem

• MIT’s culture is to push limits and take visionary risks

• Faculty, researchers, and students have applied these attributes to shape an environment that surrounds the university —

– Creation of new ventures

– Advancing revolutionary ideas

– Challenging convention

– Rejects the status quo

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The Cambridge/Boston Innovative Ecosystem

• Support provided by organizations and companies — both within and around MIT — that grew up organically in the area through an ever-changing mix of:

– Established technology companies

– Research organizations

– Entrepreneurs

• Players include:– Investors

– Service providers

– Regional trade associations

– Regional publications

– Entrepreneurship support organization

– State and local government initiatives

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The Cambridge/Boston Innovative Ecosystem

• Educational Institutions — MIT, Harvard University, Boston University, Boston College, Northeastern University, Tufts University, Babson College, Brandeis University, University of Massachusetts, Worcester Polytechnic Institute…

• Corporate R&D Labs — Microsoft, Google, Mitsubishi Electric, Novartis, Pfizer, Schlumberger, Nokia…

• Regional Publications — Mass High Tech, Boston Business Journal, Xconomy, Innovation Economy Column (Boston Globe)…

• Entrepreneurship Support — TiE Boston, 128 Innovation Capital Group, Boston Entrepreneurs’ Network…

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The Cambridge/Boston Innovative Ecosystem

• Investors — Venture capitalists, angel investors, private equity, corporate investor groups…

• State and local initiatives — Life sciences cluster, robotics cluster, clean energy cluster, IT cluster…

• Regional trade associations — Mass Technology Leadership Council, Mass Software Council, Mass Innovation and Technology Exchange, Mass IT Collaboration Entrepreneurship Committee…

• Service providers — Law firms, marketing and publicity services, accountants and part-time CFOs, HR, outsourced IT, traditional office space, incubators, consultants…

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The Cambridge/Boston Innovative Ecosystem

• MIT Organizations — Deshpande Center for Technological Innovation, Venture Mentoring Service, MIT Entrepreneurship Center, MIT Enterprise Forum, MIT Entrepreneurs Club…

• Modular, add-as-you-grow offices — Cambridge Innovation Center, One Kendall Square, Regus…

• Competitions — MIT $100K Entrepreneurship Competition, MIT Clean Energy Entrepreneurship Prize, MIT IDEAS, X-Prize, MIT and Dow Materials Engineering Contest…

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What is the Regional Competitiveness Program?• Addresses the needs of organizations

charged with the implementation of regional development strategies that foster greater entrepreneurship and enhance innovation in their communities

• Introduces member organizations to elements of the MIT/Cambridge-area ecosystem

• Delivers a series of intensive, interactive workshops focusing on best practices

• Leverages past successes to local geographies, and on ways for economic development groups to foster greater entrepreneurial activity

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What is the Regional Competitiveness Program?• Membership/fee-based program anchored

by a continuing series of two highly interactive and pragmatic day-and-a-half-long workshops annually; one at MIT, and one hosted by a member organization in a different global location

• Focus on best practices to adapt the attributes of the Cambridge/Boston-area and other innovation ecosystems to your geography, with the goal to:

– Promote economic development

– Foster greater entrepreneurial activity

– Create rich regional clusters of competence

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What is the Regional Competitiveness Program?• Topics to be explored in detail

include best practices, challenges, and alternative approaches of programs to:

– Promote entrepreneurship

– Attract contract and satellite corporate research centers

– Accelerate commercialization and knowledge dissemination activities

– Catalyze and sustain valued networking forums

– Enhance university-industry interactions

– Establish and run incubators

– Create new job opportunities and attract investment

– Attract regional and national development program participation and funding

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What is the Regional Competitiveness Program?• Hands-on and practical sessions

• Informative presentations

• Take-aways to include:– New skills

– Valuable networking

– Unique intellectual experience

– Strengthened regional development activities

– Ability to evaluate resources and practices needed to drive appropriate regional innovative clusters

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RCP Member Benefits

• Insights into best practices for regional development

• Hands-on experience identifying the resources and techniques needed to drive the development of appropriate regional clusters

• Internal team building and problem solving

• Continuous networking and relationship building with others in regional development

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RCP Member Benefits

• Introductions to corporate executives who are members of the ILP program; many of these individuals are charged with the global sourcing of knowledge, investment in local geographies around the world, new technology acquisition, and R&D outsourcing

• Opportunities to bring back and develop ideas in a particular region, as well as share results and discuss questions at the next workshop

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Program Conferences

• November 17-19, 2009

– MIT Research and Development Conference

– Regional Competitiveness Workshop

• April 13-14, 2010

– MIT Information and Communications Conference

• Fall, 2010

– MIT Innovations in Management Conference

• Fall, 2010

– Regional Competitiveness Workshop

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IMPLEMENTING STRATEGIES Wednesday, November 18, 2009

12:40 pm R&D Conference Adjournment; Bagged Lunch 2:00 pm Welcome and Introduction Karl Koster, Executive Director, MIT Office of Corporate Relations/Industrial Liaison Program2:10 pm Opening Remarks and Program Overview2:30 pm Government and Technology Transfer Andre Porter, Executive Director Massachusetts Office of Small Business and Entrepreneurship3:10 pm Commentary: Miquel Barcelo, President, b_TEC, Barcelona Innovacio Tecnologica3:20 pm Questions and Discussion 3:30 pm Entrepreneurial Support Networks MIT Venture Mentoring Service - Sherwin Greenblatt, Director 4:10 pm Commentary: Don Duval, Vice President, MaRS4:20 pm Questions and Discussion4:30 pm MIT Enterprise Forum: Challenges in Translation to New Geographies Luda Kopeikina, President and CEO, Noventra Corporation, MIT Enterprise Forum Board Member5:10 pm Commentary: Antoinette Matthews, Director, MIT Enterprise Forum Global Office5:20 pm Questions and Discussion5:30 pm Adjournment6:00 pm Networking Reception and Dinner

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IMPLEMENTING STRATEGIES Thursday, November 19, 2009

8:30 am Opening Day 2 - Karl Koster, Executive Director - MIT Office of Corporate Relations/Industrial Liaison Program8:40 am Student Action

MIT $100K Competition Brian Cantwell and Sombit Mishra, Co-Managing Directors9:20 am Commentary: Fiona Murray, Sarofim Family Career Development Associate Professor

Management of Technology, Innovation Entrepreneurship, MIT Sloan School of Management9:30 am Questions and Discussion9:40 am Educating Entrepreneurship

William Aulet, Senior Lecturer, Entrepreneur-in-Residence, MIT Entrepreneurship Center10:20 am Commentary: Laura Dingwall, Senior Development Manager, Knowledge Economy Team Highlands and Islands Enterprise, Scotland10:30 am Questions and Discussion10:40 am Break 11:00 am From Inventor to Executive to Regional Development Agent

GianCarlo Michellone, President, AREA Science Park, Trieste, Italy11:40 pm Commentary: Kenan Shahin (tentative), President and Founder, TIAX11:50 pm Questions and Discussion12:00 pm Lunch1:40 pm University/Industry Commercialization Activity

Leon Sandler, Executive Director,MIT Deshpande Center2:20 pm Commentary: Marina Hatsopoulos, Principal, Windy Street2:30 pm Questions and Discussion2:40 pm Panel Discussion: Investor Networks: Creation, Care, and Feeding

Moderator: Desh Deshpande (tentative), Chairman of the Board of Directors, Sycamore NetworksPanelists: Lita Nelsen, Director, MIT Technology Licensing Office; Others TBA

3:40 pm Wrap upRodney Brooks, Panasonic Professor of Robotics, MIT Computer Science and Artificial Intelligence

LaboratoryCo-Founder, iRobot Corporation; Chairman and CTO, Heartland Robotics

4:30 pm Adjournment

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ILP Web Site

• Calendar of MIT/Corporate Events

• Past Events Archive– Digitized content from past ILP events

• ILP KnowledgeBase– Explore emerging technologies– Learn about relevant research– Identify faculty members with appropriate expertise

• News Mosaic (Fall 2009)– Recent developments within MIT's R&D community– Potential, competitive impact of emerging technologies– ILP insights on how best to access MIT expertise– Content from Sloan Management Review and Technology

Review

ilp-www.mit.eduilp-www.mit.edu

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RCP Complementary Member Services

• Access to the annual series of ILP conferences and events during the course of the year:

– MIT R&D Conference

– MIT Information and Communications Technology Conference

– MIT Innovations in Management Conference

• Personal one-on-one meetings with MIT experts on:

– Regional development

– Entrepreneurship

– Innovation management

– Technology licensing

– Intellectual property

– University-industry interactions

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RCP Complementary Member Services

• Discounts and passes to annual MIT events of relevance, such as:

– Technology Review Magazine’s Emerging Technologies Conference at MIT

– Deshpande Center for Technological Innovation’s IdeaStream Conference

– MIT Energy Conference

– MIT CIO Symposium

• Alerts to attend events such as:– MIT $100K Entrepreneurship Conference

– MIT IDEAS Competition Awards Ceremony

• MIT ILP Members-only Website and Knowledgebase

• MIT ILP communications on news, inventions, innovations, etc.

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Join the ILP Regional Competitiveness Program

• Benefit from actively-managed, facilitated access to the rich resources of the Cambridge/Boston-area innovation ecosystem

• Monitor and investigate new technology developments at MIT ILP conferences

• Expand organizational knowledge and business networks

• Implement regional development strategies that foster greater entrepreneurship and enhance innovation in the community

Thank you.Thank you.