Commercializing Discovery
2.0
creditsAverage Course Rating
This course teaches the process of bringing discoveries to market. Students learn about innovation and invention processes, how to identify opportunities and assess when ideas are inventions, determine the steps required to bring the product to market, including intellectual property protection and regulatory processes, and craft a strategy to license early stage invention to third parties for further development. Students work in small teams on early-stage invention projects that are patented or patent pending sourced by the instructor from university and government technology transfer offices. Students will analyze the feasibility of commercializing the invention so that it can be licensed to a third party that can pursue entrepreneurial funding and development. Students enhance their business education by developing collaborative consulting engagements with businesses and nonprofit organizations in which students assist their client organizations in addressing existing and emerging challenges in the health care space.
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