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Multidisciplinary Innovation Teams: The New Product Development Center (NPDC) at Oklahoma State University (OSU) (PowerPoint)

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Multidisciplinary Student/Faculty Innovation Teams: the New Product Development Center (NPDC) at OSU Multidisciplinary Innovation Teams: the New Product Development Center (NPDC) at Oklahoma State University (OSU) Daniel S. Tilley Professor of Agricultural Economics Associate Director, NPDC Ranji Vaidyanathan Research Professor General Engineering Director, NPDC USDA Economists Group Presentation, 9/2009 Seminar Outline • Problem Statement • NPDC Role and Scope • Conceptual/Theoretical Foundations – Innovation – Best New Product Development Practices – Absorptive Capacity, University/Industry Interactions – Experiential Learning – Model of University Industry Bidirectional Technology Transfer • Implications for Research, Teaching, Outreach • Empirical Examples • Impact Measurement • Funding • Partnerships • Opportunities/Challenges • Discussion/Questions Problem Statement • Losing status as innovation leader in manufacturing has severe and negative implications for U.S. economy – Jobs – R & D Expenditures – Growth – Soruce: Popkin, Joel and Kobe, Kathryn. (2006). U. S. Manufacturing at Risk, Report produced by Joel Popkin and Associates for the Council of Manufacturing Associations and The Manufacturing Institute, February.  The NPDC mission is to help Oklahoma manufacturers’ and inventors’ transform unique, new ideas into manufactured goods. Our goals are to:  Create/retain jobs  Increase revenues  Reduce costs  Sustain the advantage NPDC Mission  New Product/Process Development – Design, build, test, and deliver (under licensing agreements) working prototypes to manufacturers or inventors and provide them with implementation assistance  Business Analysis – Analyze and report the business case for new products/processes and create practical, implementable marketing plans  Marketing Communications – Design and deliver electronic and hard copy files of marketing materials to small manufacturers or inventors  Grant w

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