Enterprise Assistance / Industry Engagement
by Community Post.
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§ Enterprise Assistance / Industry Engagement
(Co-Leads: Dr. Bernard Daina and Dr. David Finegold)
Speaker Profiles
Dr. David Finegold
Dean, School of Management and Labor Relations
Rutgers University
David Finegold is the Dean of the School of Management and Labor Relations at Rutgers, the State University of New Jersey. Prior to joining Rutgers, Dr. Finegold was a professor at the Keck Graduate Institute in Claremont, CA and at USC’s Marshall School of Business. At the Keck Institute, he worked with biotechnology firms to identify skill demands and investigated the skills required in the temporary staffing industry. He is the author of more than 70 journal articles and book chapters and has written or edited six books, including Corporate Boards: Adding Value at the Top (with JayConger and Ed Lawler) and BioIndustry Ethics (Elsevier Academic Press,2005). He consults and provides executive education and coaching to public and private sector organizations onissues about talent management and employee development, corporate governance,integrating ethics into strategic decision-making, and designing effective organizations. In the summer of2006, he served as a special adviser to the Leitch review of skills, a government-mandated study of long term skill needs in the United Kingdom. He received his PhD in Political Science from Oxford University, where he was a Rhodes Scholar.
Breakout Session Notes
Key Points
- Lack of connectivity within a region - created a LifeScience CEO Roundtable. Met monthly (when possible). This resulted in the necessary relationships being formed within the region.
- Economic Development groups facilitate this process. A resource that has not always existed. This is where WIRED shines.
- There is no distinction between Med. Device, Pharma, and Bio-Tech at the small/growing level. We lump them into "Biotech" companies (in this area - RTP, NC)
- Success from involving mid-sized companies.
- New educational degree programs that better surface commercialization options within the university system.
- Cal-Tech - Creating a stronger Entrepreneurial base in research settings by teaching entrepreneurship through science curriculum. A "Resident Entrepreneur".
- An answer to educational reluctance to Entrepreneurism; Targacept's internship program - surfacing the small business community to upcoming talent.
- Interesting problem with startups, is that when they are sold, what happens to the entrepreneurial training grounds? You release a great pool of talent, but are also destroying what once was a great entrepreneurial breeding ground. In some regions this fuels new startups, how can all regions ensure that this environment is created?
- A company is built one day at a time. What you did yesterday has nothing to do with today. THERE IS NO HALO EFFECT.
Other Notes
Pre-Wired regional successes in finding regional leadership and allied organizations. There were benefits from mentoring small companies, with mature companies, as well as with regional resources.
Figure out how to create position-specific networks within these industries. Don't attack with too many service providers.
What about recruitment? How do you go from 23 employees to 110?

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