Invention and Innovation
Great engineering systems, processes, and products are usually based largely on the exercise of inventive thinking and not on routine procedures for engineering analysis and optimization. Research could conservatively aim at making marginal improvements to the state-of-the-art in the chosen domain, or it may be based on original and novel ideas and potentially lead to breakthrough impacts, discovery of new frontiers, or creation of truly disruptive technologies. Creative engineers and researchers use inventive, non-routine approaches and, in most instances, their creations clearly stand out. Inventive thinking and problem solving enrich professional life and bring prosperity to organizations and society. Creativity in technology, i.e., the ability to invent, can be acquired and enhanced.
This course intends to prepare the participants a) with a strong motivation and some knowledge to take the path of inventive thinking and b) to initiate and pursue the business environments that are built around novel ideas that lead to successful creation of marketable new products, processes, and systems.
Engineering Ventures, Innovation and Launch is an introductory course for scientists and engineers interested in learning the basics of developing and evaluating new investment and innovation opportunities.