Innovation Corps

I recently wrote a post about entrepreneurship in science and received a lot of feedback. While most people agreed that “with the overabundance of highly educated and specialized STEM workers, we are going to need to be able to fabricate our own jobs”, there was a wide range of ideas on how much government involvement should be in place to help support entrepreneurial scientists. One of our followers shared information on an intensive eight week government program funded by the NSF (Innovation Corps) that is the brain child of Errol Arkilic, a program director at NSF, and a 2012 Harvard Business Review “Master of Innovation” Steve Blank. I found it intriguing and wanted to pass it along to you. The pilot classes of Innovation Corps seem to have potential and be set up to give you real life experience using your own creations. Everyone in the program is part of a 3 person teams…one NSF funded PI and his graduate student or postdoc who are appointed as the “Entrepreneurial Lead.” The third member of each group is a mentor with previous start-up experience. As someone who would prefer that the government paid down debt rather than fund entrepreneurs, this program makes my mouth water. And it got me thinking…wouldn’t a version of this, maybe combined with an introduction to accounting be a great addition to the PhD curriculum? Even if you didn’t go the entrepreneur route, the accounting/financial aspect would be beneficial both in academics and industry. After all, a team leader is not only responsible for obtaining grant funding, but also managing (salaries, supplies, conferences) that funding throughout the duration of the grant.

What do you think? Would you welcome the addition of a class focused on entrepreneurship, innovation, and accounting?

Update September 6, 2012:
I just found out that the Dublin Institute of Technology offers a structured PhD program that includes training in skills such as communication, innovation and entrepreneurship, leadership and teamwork, and career management. For those of you thinking about getting your PhD, it is worth taking a look at.

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About Erin Hascup

Erin graduated with her B.S. in Biochemistry from Hobart and William Smith Colleges in 2001 and went on to conduct research at Los Alamos National Laboratory. Erin returned to school and obtained a PhD in Anatomy and Neurobiology from the University of Kentucky in 2007. She completed postdocs at the Karolinska Institute and McGill University. Erin currently works at Southern Illinois School of Medicine and is co-founder of RateMyPI.com. Follow Erin on Twitter @RuthiePhD.
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