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Georgia Tech Innovation Ecosystem
Ernesto EscobarLa Paz, Mexico
May 24th, 2017
2 1-2
Overview
• The house of Innovation• DNA and History of Innovation• Structure of Innovation• Economic Development Through Innovation• Questions• Innovation Programs• Vision of Innovation• Stories of Innovation• Questions• Lean Innovation Ecosystems Model• Questions
3 1-3
The house of Innovation
4 1-4
5 1-5
Georgia Tech Facts & Figures
• $732M Sponsored Research, 297 Inventions, and 111 Patents
• Established 1885• University System of Georgia• Largest Engineering College in U.S.
• 2015 freshman class• Highest GPA of any public university• Most diverse ever• 41% female• 64 countries, 48 states
Total Students 23,093Academic Faculty 1,117Research Faculty & Professionals 4,418
6 1-6
Rankings
• US News & World Report– 7th ranked public university– 4th in engineeringIndustrial(1), Civil(2), Aerospace(3), Env(3), Biomed (4), Mechanical (5),Electrical (6), Computer (6), Chemical (7), Materials (8)
• Shanghai Academic Ranking of World Universities– 8th in Engineering and Technology
• Smart Money – Return on Investment– 1st in US
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DNA and History of Innovation
8 1-8
Georgia Tech has a Tradition of Industry Collaboration, Innovation, and Economic Development
9 1-9
DNA of GT: Manufacturing, Industry, & Innovation
10 1-10
Structure of Innovation
11 1-11
Georgia Institute of Technology
12 1-12cc: hectorir
Design 312/ 489
Business 1,231/ 805
Computing 1,877/ 3,609
Engineering 9,481/ 3,895
Liberal Arts 583/ 226
Sciences 1,035/ 847
Georgia Tech’s Six Colleges
13 1-13
Georgia Institute of Technology
14 1-14
Georgia Tech Research Institute
• Vision: To be the world’s premier advanced research and development organization.
• Established in 1934• 17 locations in the US• 2000 employees
15 1-15
Georgia Institute of Technology
16 1-16
GT Professional Education
• Serves over 3,500 companies• 25,000 enrolled – 95 countries• GT Degrees and Certifications
– MS in Applied Systems and Engineering– MS in Power Systems and Energy– OMS in Computer Science– Taylored-made courses
See www.GTPE.gatech.edu
Courses listing at http://www.pe.gatech.edu/
17 1-17
Georgia Institute of Technology
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Interdisciplinary Research Institutes: High-Impact, Real-World Research and Economic Development
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Georgia Institute of Technology
20 1-20
Georgia Tech Integrated Program for Startups
Georgia Tech Integrated Program for Startups (GT:IPS): Training program for GT faculty and student inventors interested in forming a company. After completion, participants qualify for the GT:IPS License –a well vetted agreement that offers the same terms to all Georgia Tech startup in the same field and that provides complete transparency into the licensing process.
21 1-21
Georgia Institute of Technology
22 1-22
Economic Development Through Innovation
23 1-23
Georgia Tech is a major driver of economic activity for Atlanta and the State of Georgia at about an
2.87 billion economic impact in 2016
24 1-24
Atlanta/Georgia Startup-Innovation-Entrepreneur EcosystemConceptual Landscape of Key Participants
Georgia Tech Operates as an Ecosystem within a Larger and More Complex Local Startup-Innovation-Entrepreneur Ecosystem
Georgia Tech
Investors
Other Incubators &Accelerators
Chamber of Commerce
Technology Associationof Georgia (TAG)
Georgia Research Alliance (GRA)
Georgia Department ofEconomic Development (GDEcD)
Industry & Practitioners Other Universities &University System of Georgia
Local Government
Entrepreneurs
25 1-25
Enterprise Innovation Institute (EI2)
Bryan
Bulloch
Camden
Chatham
Effingham
Glynn
LibertyLong
McIntosh
Butts
Carroll
Chattahoochee
Clay
Clayton
Coweta
Crisp
Dooly
Douglas
FayetteFulton
Harris
Heard
Henry
Lamar
MaconMarion
Meriwether
Muscogee
Pike
QuitmanRandolph
Schley
Spalding
StewartSumter
Talbot
Taylor
Troup
Upson
Webster
HartBanks
BarrowClarke
Dawson
De Kalb
ElbertForsyth
Franklin
Fulton
Greene
Gwinnett
Habersham
Hall
Jackson
Jasper
Lumpkin
Madison
MorganNewton
OconeeOglethorpe
Rabun
Rockdale
Stephens
TownsUnion
Walton
White
Bartow
Catoosa
Chattooga
Cherokee
Cobb
Dade Fannin
Floyd
Gilmer
Gordon
Haralson
Murray
Paulding
Pickens
Polk
WalkerWhitfield
Burke
Columbia
GlascockHancock
Jefferson
Jenkins
Lincoln
McDuffie
Richmond
Screven
Taliaferro
Warren
Washington
Wilkes
Appling
Baldwin
Bibb
Bleckley Candler
Crawford
Dodge
Emanuel
Evans
Houston
JeffDavis
Johnson
Jones
Laurens
Monroe
Montgomery
Peach
Pulaski
Putnam
TattnallTelfair
Toombs
Treutlen
Twiggs
Wayne
WheelerWilcox
Wilkinson
Atkinson
Bacon
Ben Hill
BerrienBrantley
Brooks CharltonClinch
Coffee
Cook
Echols
Irwin
Lanier
Lowndes
PierceTift
Turner
Ware
Baker
Calhoun
Colquitt
Decatur
Dougherty
Early
Grady
Lee
MillerMitchell
Seminole
Terrell
Thomas
Worth
Mission:“Increase the competitiveness of enterprises in Georgia through the application of science, technology, and innovation”
26 1-26
Fostering Sustainable Growth by CREATING THE NEXT
Market-Deployed Technologies Successful Technology Startups Sustainable Industries Innovative Communities
The Enterprise Innovation Institute (EI2) is Georgia Tech’s primary economic development organization and helps achieve Georgia Tech’s goal of expanded local, regional, and global outreach. EI2’s core mission is to help business, industry, entrepreneurs, and economic developers across Georgia grow and remain competitive.
Statewide Regional Office Network
CommercializationFaculty AdvisingStartup formation
Industry R&D
EntrepreneurshipIncubationEducationMentoring
Seed Investment
Business ServicesManufacturing
Healthcare Procurement
Economic Development
I-Corps@GT
Enterprise Innovation Institute (EI2)
Georgia Manufacturing Extension Partnership
27 1-27
EI2 annual Impact and Metrics • Evaluated 250 research innovations and helped form more than 25 new
companies• ATDC companies and graduates achieved more than $1.6 billion in revenue.• Served 450 technology startup firms that generated capital investment and
M/A of more than $826M.• Helped Georgia companies secure $854M in government contracts and
create or save an estimated 17,000 jobs.• Worked with 1,075 Georgia manufacturing companies and helped them
increase sales by $281M, create or save 2,300 jobs, and slash operating costs by $108M.
• Assisted 137 minority entrepreneurs who received nearly $220M in new contracts, increased sales, and secured new bonding/financing.
• Helped 24 Georgia companies with innovation research grants to win more than $2.7M in awards.
28 1-28
Georgia Tech R&D Landscape
29 1-29
QuestionsRound 1
30 1-30
Innovation Programs
31 1-31
GT Startup-Innovation-Entrepreneur EcosystemConceptual Landscape of Sample Programs and Affiliates
Research
GT:IPS
I-StudioEducation
Invention & Ideation
Translation
Deployment
Scale
GraduateStudents
Undergraduate Students
Faculty Entrepreneurial & Industrial Communities
Customer Validation
TI:G
ER
State Dues/Fees/EquitySponsorsTuitionFederalLegend: Primary Funding Source
Star
tup
Com
petit
ion
CRID
Con
fere
nce
I-Cor
psVe
ntur
eLab
& G
RA
Star
tup
Acad
emy
InVe
ntur
ePr
ize
ATDC Incubator: Educate
Star
tup
Exch
ange
Star
tup
Hous
e
CIC
Stud
ent C
ompe
titio
n Id
eas 2
Ser
ve
ATDC Incubator: Accelerate
ATDC Incubator: Signature
Crea
te-X
: Le
arn,
Mak
e, L
aunc
h ATDC
-Indu
stry
Con
nect
Star
tup
Gau
ntle
t
Flas
hpoi
nt
Embe
dded
Indu
stry
Lab
s & In
nova
tion
Cent
ers
Glo
bal C
ente
r for
Med
ical
Inno
v.In
tero
p. In
tegr
at. I
nnov
. Lab
(I3L
)
Caps
tone
Des
ign
32 1-32
GT Startup-Innovation-Entrepreneur EcosystemConceptual Landscape of Sample Programs and Affiliates
Research
Education
Invention & Ideation
Translation
Deployment
Scale
GraduateStudents
Undergraduate Students
Faculty Entrepreneurial & Industrial Communities
Customer Validation
State Dues/Fees/EquitySponsorsTuitionFederalLegend: Primary Funding Source
ATDC Incubator: Signature
Caps
tone
Des
ign
33 1-33
GT Startup-Innovation-Entrepreneur EcosystemConceptual Landscape of Sample Programs and Affiliates
Research
GT:IPS
I-StudioEducation
Invention & Ideation
Translation
Deployment
Scale
GraduateStudents
Undergraduate Students
Faculty Entrepreneurial & Industrial Communities
Customer Validation
TI:G
ER
State Dues/Fees/EquitySponsorsTuitionFederalLegend: Primary Funding Source
Star
tup
Com
petit
ion
CRID
Con
fere
nce
I-Cor
psVe
ntur
eLab
& G
RA
Star
tup
Acad
emy
InVe
ntur
ePr
ize
ATDC Incubator: Educate
Star
tup
Exch
ange
Star
tup
Hous
e
CIC
Stud
ent C
ompe
titio
n Id
eas 2
Ser
ve
ATDC Incubator: Accelerate
ATDC Incubator: Signature
Crea
te-X
: Le
arn,
Mak
e, L
aunc
h ATDC
-Indu
stry
Con
nect
Star
tup
Gau
ntle
t
Flas
hpoi
nt
Embe
dded
Indu
stry
Lab
s & In
nova
tion
Cent
ers
Glo
bal C
ente
r for
Med
ical
Inno
v.In
tero
p. In
tegr
at. I
nnov
. Lab
(I3L
)
Caps
tone
Des
ign
34 1-34
University Strategic PositioningConceptual Landscape of Sample Programs and Affiliates
Research
GT:IPS
I-StudioEducation
Invention & Ideation
Translation
Deployment
Scale
GraduateStudents
Undergraduate Students
Faculty Entrepreneurial & Industrial Communities
Customer Validation
TI:G
ER
State Dues/Fees/EquitySponsorsTuitionFederalLegend: Primary Funding Source
Caps
tone
Des
ign
Star
tup
Com
petit
ion
GTR
IC/C
RIDC
I-Cor
psVe
ntur
eLab
& G
RA
Star
tup
Acad
emy
InVe
ntur
ePr
ize
GT1
000
Star
tup
ATDC Incubator: Community
Star
tup
Lab
Star
tup
Exch
ange
Star
tup
Sum
mer
/Sem
este
r
Star
tup
Hous
e
CIC
Stud
ent C
ompe
titio
n Id
eas 2
Ser
ve
ATDC Incubator: Accelerate
ATDC Incubator: Signature
Crea
te-X
ATDC
-Indu
stry
Con
nect
Star
tup
Gau
ntle
t
Flas
hpoi
nt
Embe
dded
Indu
stry
Lab
s & In
nova
tion
Cent
ers
Glo
bal C
ente
r for
Med
ical
Inno
v.In
tero
p. In
tegr
at. I
nnov
. Lab
(I3L
)Incubation for University Based Validated Ventures
Pre-incubation for Faculty and Student Teams Entrepreneurial Education for Community
Advanced Support Systems for Community
35 1-35
Vision of Innovation
36 1-36
EI2 Headquarters
• Advanced Technology Development Center (ATDC)• Biltmore• Flashpoint• Georgia Tech Global Learning Center• Georgia Tech Research Institute• Georgia Tech Scheller College of Business• Tech Square Research Building• Professional Education
GEORGIA TECH’S TECHNOLOGY SQUARE
ATLANTA’S INNOVATION NEIGHBORHOOD• Tech Square Labs• VentureLab• High Performance Computing Center (planned)• NCR Headquarters (under construction)• More than 100 Technology Startup Companies• Fifteen Corporate Innovation Centers, including
Coca-Cola Enterprises, Home Depot, AT&T Foundry, & Delta Air Lines
• Create-X
37 1-37
Technology Square: ~ 2001
38 1-38
Technology Square: Today
39 1-39
Technology Square Today
40 1-40
Corporate Innovation: Traditional
Stage 0:Ideation
Stage 1:Concept Dev
Stage 3:CapabilityStage 2:
Feasibility
Stage 4:Transfer
Ideas Business
41 1-41
Corporate Innovation: With Universities
Stage 0:Ideation
Stage 1:Concept Dev
Stage 3:CapabilityStage 2:
Feasibility
Stage 4:Transfer
Ideas Business
University ResearchUniversity Students
University Innovation CultureUniversity Startups
42 1-42
Corporate Innovation CentersAKA: Embedded Labs
• What: Company R&D or Innovation Group
• Where: Embedded On or Located Near Campus
• Why: Facilitate a More Intimate Industry-University Relationship
• Who: Generally >10 Permanent Local Company Employees(Plus Part-Time/Temporary/Student/Visiting/Rotating Employees)
43 1-43
Technology Square:Corporate Innovation Centers
44 1-44
Georgia Tech’s Contracting Continuum
www.industry.gatech.edu
BASIC APPLIED DEMOS TESTING
45 1-45
Stories of Innovation
46 1-46
Suniva Case Study
GT & EI2 Success Story• GT Research• GT Facilities for Development• GT VentureLab company• GT ATDC startup company• GT Lean Manufacturing• GT Roof-Top Arrays
Suniva is the leading American manufacturer of high-efficiency, cost-competitive PV solar cells and modules
Translational Success
• GT research
• GT VentureLab formed company
• GT ATDC startup company
• Manufacturing in a GT Research Park (TEP)
Startup Success
Acquired by
48 1-48
CardioMEMS Case Study
• CardioMEMS-GT Collaborations• Interdisciplinary research excellence• Translational research partnerships• Incubation and acceleration• Commercialization and technology transfer• Cleanroom utilization• Student engagements• Proof of concept demonstrations• Clinical trials• Innovation neighborhood• Growth and acquisition• Economic development• Industry clustering
Implantable medical device to measure heart pressure
49 1-49
Capstone Design: Industry Collaboration
https://www.youtube.com/watch?v=aahG3veHuuY
50 1-50
QuestionsRound 2
51 1-51
Lean Innovation Ecosystems Model
(No Pictures)
52 1-52
For information on the Georgia Tech Innovation Ecosystem Model, please
contact Ernesto Escobar at [email protected]