Of late, you have seen a lot of corporate partnership announcements from 1M/1M, and you will be seeing many more as we go along. I want to provide an overview of our experience working with various corporate partners, and some of the thinking behind these partnerships.
By guest authors Irina Patterson and Candice Arnold
I am talking to Stephen Fleming, who is a vice president at the Georgia Institute of Technology in Atlanta, where he is currently overseeing the Enterprise Innovation Institute.
The institute is focused on helping enterprises improve their competitiveness through the application of science, technology, and innovation. During fiscal year 2009, among other projects, the institute evaluated 149 Georgia Tech innovations and formed 20 new companies based on this intellectual property; the startups that were founded based on Georgia Tech intellectual property attracted nearly $111 million in investment. The institute also assisted 44 startup technology companies through its incubator, Advanced Technology Development Center, and ATDC companies attracted $151 million in capital activity through venture capital investment and M&As. >>>
In this week’s column, Streamlining Innovation, HP Labs Director Prith Banerjee discusses the company’s corporate innovation strategy.
Prith Banerjee is senior vice president of research at HP and director of HP Labs. Prior to joining HP he served as the dean of the College of Engineering at the University of Illinois. He was the founder, chairman, and chief scientist of BINACHIP Inc. In 2000 he founded AccelChip Inc, which was sold to Xilinx in 2006. Prith is a fellow of the American Association for the Advancement of Science, the Association for Computing Machinery, and the Institute of Electrical and Electronics Engineers.
SM: Let’s start by reviewing your background. Could you set some context for your switch from academia to HP?
PB: I started my career in academia. After getting my PhD from the University of Illinois, I stayed at the university as a professor. I served in academia for 22 years, first at the University of Illinois and later at Northwestern. >>>