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LA New Product Development Team General Meeting 1 February 12, 2014.

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Presentation on theme: "LA New Product Development Team General Meeting 1 February 12, 2014."— Presentation transcript:

1 LA New Product Development Team General Meeting 1 February 12, 2014

2 Introductions Konstantin Dolgan Founder, President Dr. Richard Kordal Faculty Advisor Luke Laggner Secretary

3 What is the LA NPDT? Unique Student Organization Society Cross-functional Team

4 Purposes Encourage Innovation, Research and Commercialization Develop leadership skills Promote the welfare of Louisiana Tech University

5 Long-term Goals Establish a Sustainable New Product Development System Develop Project Portfolio Become Nationally Recognized New Product Development Organization Create a Model of the Organization for Adaptation at Other Universities

6 Goals for 2014 2 Products Developed and Commercialized 10 Sponsored Projects Accomplished 20 Collaborations with Organizations/Companies 40 Collaborations with Experts $50,000 Budget

7 Structure of the Organization R&D Marketing Prototyping IT & Web Finance HR IP PR Executive Board

8 Officers President Department Executive Officers Public Relations Manager Human Resource Manager Secretary Treasurer

9 Projects Developing Our IdeasSponsored Projects

10 Types of Products Physical ProductsTechnologySoftware & Web

11 Funding Opportunities Dr. Dave Norris Director, Louisiana Tech’s Enterprise Center Executive Director, Enterprise and Economic Development, Louisiana Tech University Professional economist in government, academics and private consulting Extensive experience in policy development, analysis and administration Specializes in Technology Transfer and Innovation Consulting; Startup and New Venture Consultant; Local Economic Development; Public Policy Analysis

12 Protection of Intellectual Property Dr. Richard Kordal Director, Office of Intellectual Property and Commercialization, Louisiana Tech University Co-founded medical device firm, Uridynamics Developed and commercialized more than 10 products Member of Association of University Technology Transfer Managers (AUTM) and Licensing Executives Society (LES) Published articles in technology transfer journals Co-founded internet-based brokerage service, techquisition.com

13 Types of Meetings General Meeting Department Meeting Executive Board Meeting

14 Needs of the Team WWW Bank AccountWebsiteOffice Space

15 Guest Speaker Dr. Barry Stevens President, TBD America Inc. (global technology business development consulting group) Industry recognized executive with extensive front-line experience starting and leading globally competitive enterprises Served key roles with RCA, CBS, Kodak, Memory-Tech a Mitsubishi joint venture, Alcon Labs., RadioShack and Superior Concrete Products Led commercialization of Compact Disc, RCA VideoDisc, CD-ROM 5 Patents Numerous publications

16 Questions and Answers ?


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