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Technology Entrepreneurship & Commercialization

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The Technology Entrepreneurship & Commercialization Initiative (TEC)

Since 1995, the Technology Entrepreneurship and Commercialization (TEC) Initiative has significantly influenced the commercialization of more than 100 new technologies and has launched several technology companies. These companies and technologies have attracted over $119 million in investment capital and brought new jobs and international recognition to the NC State Jenkins MBA program and the companies invested. TEC teams MBA students with graduate students in technical disciplines and teaches them the processes necessary to transform new technology platforms into successful businesses through innovation and entrepreneurship. Using new and emerging world technologies and a proprietary commercialization methodology, students are given an incomparable opportunity for hands-on commercialization experience, bridging the gap between the laboratory and the market place.

Vision

Using technologies provided by our technology partners, TEC students learn how to bridge the gap between the laboratory and the market place.

Mission

The TEC program at the NC State College of Management is built on the ongoing interaction between students, faculty, and technology companies in the advancement of education, research, and commercialization of new and emerging technologies through cross-functional collaboration and an understanding of innovation processes. TEC aims to capitalize on this interdisciplinary experience with three initiatives:

  • To educate students, faculty and companies in entrepreneurial and innovation processes
  • To research high-technology entrepreneurship, technology commercialization, new venture creation, and project championing
  • To commercialize new technologies and get them to the market through our business partnerships

TEC has aided in technology commercialization for many companies including:

  • ABB
  • Beckton Dickinson
  • Environmental Protection Agency
  • IBM
  • Kobe Steel
  • Lord Corporation
  • Microelectronics Center of North Carolina
  • NASA
  • Nortel Networks
  • Reichhold
  • Research Triangle Institute

Success Stories

More Information on the TEC Initiative

Richard Kouri

Faculty Spotlight

Richard Kouri > Director of BioSciences Management Initiative

"Our students interact closely with both large and small life sciences companies in the RTP area. Our vision is simple; all of our class members will become influential leaders in the most successful biosciences companies in the world."