Rather than focusing on traditional technology transfer metrics, RK Narayanan and his team at Cold Spring Harbor Laboratory measure their success in terms of their ability to create value in the long term.
In today’s episode, RK, who is the Senior Director of Business Development and Technology Transfer at Cold Spring Harbor Laboratory, explains their approach to long term value creation, which is built on a foundation of sustainable relationships. RK also shares the life-changing technology that his team were involved in taking to market, the people who make up his ‘lean machine’ team, and some of the key industry partnerships that they have cultivated.
RK’s career began on the research side of things, but exploring alternative opportunities led him to the world of technology transfer, and his excitement about this field is contagious!
In This Episode:
- [00:52] Introducing RK Narayanan, today’s guest.
- [01:58] RK shares what his journey in the US has consisted of, since he moved here from India to pursue his PhD.
- [06:03] What RK’s Business Development (and Technology Transfer) team at Cold Spring Harbor Laboratory focuses their efforts on.
- [06:53] Cold Spring Harbor Laboratory’s research budget, and where their funding comes from.
- [08:22] People who make up RK’s team.
- [09:57] Why RK and his team don’t focus too heavily on metrics, and what they use as measures of success instead.
- [11:16] How Cold Spring Harbor Laboratory supports start-ups that come out of the laboratory.
- [12:24] RK explains what the concept of value creation means to him and his team.
- [14:50] Partnerships which RK and his team have been cultivating over the past few years.
- [16:36] RK shares one of his office’s biggest success stories.
- [18:21] The biggest challenges that RK and his team are facing at the moment.
- [19:27] Examples of Cold Spring Harbor Laboratory’s efforts to enhance diversity, equity, and inclusion.
- [22:11] RK’s thoughts on the 2022 AUTM Annual Meeting, and the value that he sees in being a part of the organization.
- [23:59] Three wishes that RK has for the future of technology transfer at Cold Spring Harbor Laboratory.
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