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The Raw & the Cooked. Imperial College London Tanaka Business School Live innovation in the classroom. The TVP on the MBA Programmes. Technology Ventures Project: compulsory commercial feasibility studies of ICL inventions
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The Raw & the Cooked Imperial College London Tanaka Business School Live innovation in the classroom
The TVP on the MBA Programmes • Technology Ventures Project: compulsory commercial feasibility studies of ICL inventions • In cahoots with Imperial Innovations, ICL’s technology transfer office • Full-time or Executive MBA teams of non-experts (industry experience where possible)
Making it work • Top-level buy-in at the Entrepreneurship Centre (academics) & Innovations (TTOs) • Wide participation among inventors, Tanaka academics (assessors) & Innovations (client) • Resident officer from BDO approved by both • Ownership at Tanaka by FTMBA Director
Why it sometimesstutters • Client & inventors want usable results, academics want demonstration of learning • Sheer complexity of innovative technologies baffles the non-technical student • TTOs (who don’t have to worry about MBA fee income) are too busy to see students
Why it eventuallysucceeds • Imperial Innovations 1: free consultancy with clear recommendations • Imperial Innovations 2: involvement with Entrepreneurship Centre • Students 1: applied learning of how technologies succeed in the market • Students 2: far better business plans