The Institute for Invention, Innovation, and Entrepreneurship (IIIE@Tandon) serves as the focal point for all research, educational, and service activities in support of Tandon’s goal to integrate Invention, Innovation, and Entrepreneurship into its academic culture and to advance student and faculty appreciation of and skills in inventiveness, innovation, creativity, and entrepreneurial and design thinking.
The IIIE Institute will draw its strengths from the contributions of faculty from multiple departments, much like an interdisciplinary research center that is not subsumed within, or managed by an existing academic department. This structure emanates from the mission of the institute as one that focuses on integrating inventions and innovations emerging from the departments by faculty and students and linking them to entrepreneurship, i.e. the proactive consideration and realization of open source and commercialization opportunities through various institutional pathways such as Tandon’s Tech Transfer and Future Labs, which facilitate licensing, joint development agreements with industrial partners, and startup incubation.
The institute’s educational mission should have at is core the objective of creating an entrepreneurial mindset among our students. This should not be confused with a mission to encourage every student to create a startup company. Rather, the objective is to create a curriculum that provides every student with the opportunity to acquire the skill set and knowledge of what it takes to identify inventions and technology innovations that solve an important user or customer problem and that lend themselves to being commercialized and turned into a viable commercial product, if they desire to go that route. A curriculum that achieves these objectives may contain the following components (with the understanding that course, program, and curriculum initiatives require discussion, review, and ultimate approval by the Tandon faculty and the appropriate curriculum committees):
The NYU Tandon Future Labs were created through a public-private partnership with New York City. They provide a sustainable technology incubation and acceleration environment focused on increasing the success rate of new ventures and creating jobs as well as generating economic impact.
The NYU Tandon Convergence on Innovation and Entrepreneurship (CIE) Institute supports initiatives that help faculty and students reach greater heights in creativity. Important new technologies are harnessed and innovative business concepts are reimagined by catapulting new ideas into innovations that address society’s greatest challenges.
The NYU Entrepreneurial Institute (EI) leads NYU-wide initiatives to launch successful startups and commercialize technology created by NYU’s 60,000 students, faculty and researchers. The EI team of startup experts offers educational programming and events, and helps identify funding opportunities for aspiring entrepreneurs.
The mission of the NYUTechnology Opportunities & Ventures (TOV) is to promote the commercial development of NYU technologies from its Medical Center, Washington Square and Tandon Engineering campuses into products to benefit the public, while providing resources to the University to support its research, education, and patient care missions. The Office also facilitates research collaborations between NYU researchers and industry on projects of mutual interest.
The NYU Tandon MakerSpace provides 10,000 square feet of opportunity to innovate, collaborate, iterate, create, and prototype. It allows users to grow while they build, learn from student engineers and faculty as they work together in one of Brooklyn’s most stimulating maker environments.
The Endless Frontier Labs at NYU Stern is a 9-month program for early-stage science and technology startups from pre-incorporation to Series A. It is industry agnostic with Startups tackling problems in healthcare, finance, media, retail, chemical, transportation, and energy. Technologies include artificial intelligence, biotechnology, chemistry, medical, electronics, blockchain, and general IT applications.
Ivy Schultz, John A. Blaho & Kurt H. Becker
The European Physical Journal D, volume 76, Article number: 232 (2022)