August–December (12 Credit Hours)
Commercialization Strategies & Venture Planning - STC 384
Technological innovations offer unique opportunities for developing differentiation strategies. Students develop a commercialization strategy for a technology based product.
New Venture Creation - STC 395
Raising capital either from outside investors or internal corporate sources requires validating the market potential of the new technology, developing a business model, determining the financial requirements, and communicating the opportunity convincingly. Students will create a business plan to communicate these key elements.
Managing Product Development & Production - STC 394C
Accelerating the product development process is critically important to the successful launch of a technology based innovation. Students develop a plan for taking an innovation from idea to a product ready for market.
Technology Transfer in the Global Economy (International Trip) - STC 391
Processes for global commercialization are similar but more complicated than within a domestic market: the required skills create competitive advantage. Students develop a plan for transferring a technology to or from another country.