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Exploring New Models of University-Industry Partnerships A WPI Case Study

Exploring New Models of University-Industry Partnerships A WPI Case Study. Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu. The Evolving Model at WPI. Demonstrated Success in Corporate and Professional Education (CPE)

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Exploring New Models of University-Industry Partnerships A WPI Case Study

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  1. Exploring New Models of University-Industry Partnerships A WPI Case Study Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu

  2. The Evolving Model at WPI • Demonstrated Success in Corporate and Professional Education (CPE) • Academic Deans and New Opportunities • Creation of Academic and Corporate Development Division Academic and Corporate Development

  3. Corporate Engagement Expectations • Higher levels of service • Access to multiple points of contact • Proactive assistance in connecting with faculty, students and university resources • A coordinated approach to interaction Academic and Corporate Development

  4. Different Approaches for Different Places • Development Centric • Concierge Centric • Startup / Tech Transfer • Research Focus • Corporate Centric Academic and Corporate Development

  5. Metrics of Success • Increase the number and frequency of beneficial interactions with industry for faculty, students and alumni • Increase in the total investment and commitments from industry to campus as measured through resources, including gifts, sponsored projects/research contracts and revenue generated through services Academic and Corporate Development

  6. Specific Examples • WPI’sBiomanufacturing Education and Training Center • Significant increase in sponsored projects, research and gifts. • Broader and deeper relationships with identified key relationships – Top 12 Academic and Corporate Development

  7. Enablers and Challenges • Incentives – individual, department and school • Alignment with academic priorities • Information – data integrity, collection and ability to share • Institutional support – there is an investment! Academic and Corporate Development

  8. What models are working at your institution? How is “Comprehensive Corporate Engagement” achieved at your institution? THANK YOU! Stephen Flavin Vice President, Academic and Corporate Development sflavin@wpi.edu

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