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

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

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

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

LA New Product Development TeamGeneral

Meeting 1

February 12, 2014

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Introductions

Konstantin DolganFounder, President

Dr. Richard KordalFaculty Advisor

Luke LaggnerSecretary

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What is the LA NPDT?

• Unique Student Organization

• Society

• Cross-functional Team

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Purposes• Encourage Innovation, Research

and Commercialization

• Develop leadership skills

• Promote the welfare of Louisiana Tech University

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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

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Goals for 2014• 2 Products Developed and Commercialized

• 10 Sponsored Projects Accomplished

• 20 Collaborations with Organizations/Companies

• 40 Collaborations with Experts

• $50,000 Budget

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Structure of the Organization

R&D Marketi

ng

Prototyping

IT & Web

Finance

HR

IP

PR

Executive Board

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Officers• President

• Department Executive Officers

• Public Relations Manager

• Human Resource Manager

• Secretary

• Treasurer

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Projects

Developing Our Ideas

Sponsored Projects

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Types of Products

Physical Products

Technology

Software & Web

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Funding OpportunitiesDr. Dave Norris

Director, Louisiana Tech’s Enterprise CenterExecutive 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

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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

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Types of Meetings

General Meeting

Department Meeting

Executive Board Meeting

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Needs of the Team

WWW

Bank Account

Website

Office Space

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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

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Questions and Answers

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