Thought Leader: Leonard Pinchuk
Timeslot: Thursday, April 12, 2018 - 10:30am to 12:30pm
Track: Thought Leaders/Ethics
Room: Grand Ballroom A
The Innovation Processes from Industry and Academia
This panel consists of three entrepreneurial inventors who were successful in bringing products from concept to market. Dr. Pinchuk will present the “Three-Legged Stool of Innovation” which dives into the thought processes that drive innovation. He will review his 30 year industrial experience developing new products in cardiology and ophthalmology and explain how they fit the three-legged stool model. Dr. Paul Santerre will view the entrepreneurial process with an academic lens and describe from his 25 years of translational experience with innovation and discovery, how "the processes that drive innovation" can be accommodated within an academic environment, using a team approach which emphasizes identifying strategic roles for faculty and trainees in that process. That experience has led to the formation of several start-ups and technology translational activities in the cardiovascular, tissue regeneration and musculoskeletal areas from his lab, and more recently in 2015 the establishment of the Health Innovation Hub at the University of Toronto, Canada- a student-focused entrepreneurial training co-curricular program with > 70 client health science and biomedical engineering start-ups to date. Dr. Michele Marcolongo has co-founded several companies which originated from work performed at Drexel University. She has recently authored a book titled Academic Entrepreneurship: How to Bring your Scientific Discovery to a Successful Commercial Product. Dr. Marcolongo will discuss the steps associated with translating a technology from the lab, through the labyrinth of the university and to a commercialized effort with a focus on the internal conflict that accompanies the process.