CHE 506: Entrepreneurship and Intellectual Property Management explores how to bring new science and technology opportunities to market. Special attention is paid to science and technology transfer and intellectual property management. Topics covered in this course include entrepreneurship, corporate venturing, opportunity recognition, innovation, stages of technology commercialization, intellectual property acquisition, creation and protection, technology licensing, high tech financing, and marketing.
This course introduces the fundamentals of science and technology entrepreneurship and intellectual property management. Science and technology entrepreneurship, in itself, is a spirited approach to business leadership that involves identifying high-potential, science and technology-intensive commercial opportunities, gathering resources and capital, and managing rapid growth and significant risks using principled decision-making skills. CHE 506 places emphasis on the systems approach to science and technology entrepreneurship, focusing on the interrelationships of different systems and subsystems. There is an emphasis on critical thinking, knowledge creation, decision making, and communication.
COURSE OBJECTIVES
- To examine distinct views of science and technology innovation through opportunity recognition.
- To explain the impact of science and technology innovation on both emerging enterprises and established organizations.
- To build a fundamental understanding of intellectual property management tools and techniques.
- To develop an awareness of the range, scope, and complexity of the phenomena, issues, and problems related to technological and scientific innovation initiatives.
- To create a framework for designing a feasibility study, case study, strategy map, or business plan for science and technological innovations.
- To build a systems-based approach for assessing and auditing the innovative capabilities of a science and technology firm.
- To instill the skills and knowledge necessary for appraising and managing technological innovation, with particular emphasis on communication and decision-making skills.