Knowledge Management and Dissemination
Enterprises often may not know what they know or they may know what they know, but can not effectively communicate that knowledge to others. The solution may involve more effective data collection, more sophisticated techniques for translating data into knowledge, or exploration of alternative methods for knowledge distribution. The consequences of a solution could be incremental improvement or transformational change, but always should be goal directed. Innovation Emporium Inc. can serve clients in a variety of sectors who are interested in more advanced knowledge management and dissemination systems and practices. This typically would occur in the context of adopting an Innovation Emporium Technology or Solution, but stand-alone consultation is available.
R & D Management and Growth
The activation of a research and development function or the maturation of an emerging research and development operation faces very substantial hurdles, particularly at small and medium sized academic institutions. The administrative costs, for example, associated with federal and state regulatory compliance are difficult to justify against short-term limited revenue. Services and technologies for administration were developed for institutions with deep pockets and a well established R&D culture at both the faculty and administrative levels. Even the cost associated with integrating research administration into institutional legacy systems can not be supported. Innovation Emporium Inc. understands and specializes in serving and providing technologies to emerging research institutions.
Technology Transfer and Economic Development
Academic participation in the innovation economy by licensing and spinning-out technologies is increasingly alluring; but, because deal-flow rates are low, the cost of technology transfer is prohibitive to a small or medium sized institution with an emerging research enterprise. Yet, these institutions recognize that they are missing the revenue potential of their assets and are not fully serving their industry and business stakeholders. It also is becoming increasingly clear that failure to participate in these activities impinges on recruiting and retaining faculty in critical science, technology, engineering and mathematics disciplines. Innovation Emporium Inc. finds ways to reduce the cost and risk.
Cross-sector Partnerships and Market Penetration
Building partnerships across sectors can be an effective strategy for change or expansion; taking knowledge and technologies to new markets often yields innovation and growth. To be effective, however, these strategies demand careful identification and evaluation of potential targets. From market research, analysis and planning, to developing and implementing strategies for enhanced visibility in new sectors, Innovation Emporium, in collaboration with a network of partners, can provide the elements needed for success.
Assessment and Managed Change
Innovation Emporium Inc. can assist with outcome evaluation of broader impacts for federal funding agencies.