Creating Entrepreneurial Opportunities by Educating for Technology Commercialization at Johns Hopkins University
Lawrence Aronhime, Johns Hopkins University
We describe the growing interaction between the W.P. Carey Program in
Entrepreneurship and Management at the Johns Hopkins University and the
licensing and development offices of the university, including the schools of
Engineering and Public Health, the Johns Hopkins Applied Physics Laboratory,
and area federal laboratories. Specifically, multi-disciplinary teams of
undergraduate students develop commercialization plans for technologies
emanating from these institutions. In addition, the student teams work with
the licensing professionals of the sponsoring institutions to identify and
contact potential licensees, and build valuation models. For technologies that
lend themselves more to a start-up model, we then describe how students
can exercise a limited option to establish a new venture within an area
incubator, with support from the sponsoring institution, in an effort to actually
commercialize a technology for which the teams had previously developed a
plan.
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