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School to Offer New Program in 2013 Focused on Innovation

In many professional endeavors, climbing the career ladder includes situations where you’re required to get your hands dirty to understand a problem from the ground up, whether it’s in a laboratory or a cubicle—it's where your dreams start. Not many smart, ambitious people fantasize about a job behind a desk, but the reality is, that’s how we advance.

Celia Davenport has worked at Kappa Pharmaceuticals for five years as a microbiologist. In her role as lab manager, she supervises two junior scientists and a small research and development budget. Learning to isolate a variety of pathogens came naturally to her, but working in a start-up company is something new. She realized that to make a mark in the firm, she’d have to really understand what it takes to grow a technology company. Ultimately, Davenport would like to hang up her lab coat and move into corporate management.

Then there’s Gerard Franklin. Franklin works for one of Maryland’s largest employers and global defense contractors. He is an application software developer and he conducts research for internal data processing computer systems and utilities. When he graduated in 2004, Franklin thought that designing, developing, and programming computer systems was the perfect career for him. Now after several years of new technology development and opportunities to commercialize proprietary technologies, he knows  that he should enhance his business skills in order to advance his career and strengthen the company’s bottom line.

These stories share several commonalities: they both work in a growing area of the economy; they are ready to move into a management role at their respective firms; and they are both perfect candidates for the Merrick School of Business’s new M.S. in Innovative Management and Technology Commercialization program.

OK, we confess that Celia Davenport and Gerard Franklin are fictional people and Kappa Pharmaceuticals is fictional as well, but perhaps this story resonates with you. After all, if you live in Maryland or any one of several states with a robust technology and health care sector, you get where this story is going. Maryland, for example, ranks first in the U.S. in research and development on a per capita basis—and second only to Silicon Valley—in terms of clustered technology companies.

The M.S. in Innovation Management and Technology Commercialization program is for those who seek to transition from the laboratory to organizational management. The program is designed to jumpstart your managerial career if you’re working in innovative environments, and want to leverage your science degree with a move toward management.

“When you look at the statistics provided by the Maryland’s Department of Business and Economic Development, you see that the state has an impressive workforce associated with R&D, the government, new economy firms and of course entrepreneurs,” said Darlene Smith, dean of the Merrick School of Business.  “The Innovation Management and Technology Commercialization program will bolster an employee’s organizational creativity, help them decipher the nuances of new product development and provide them the skills to manage a growing technology firm.”

This new program launches in fall 2013 and will begin accepting applications this fall. Incoming students will benefit from faculty members who have technology and industry experience, and who are active consultants in their fields with useful relationships with industry professionals and networks.

So, join Celia, Gerard, and dozens of other (real, flesh and blood) students as they make the move from the lab or the field and into the boardroom.

Learn more about the master’s and certificate programs in Innovation Management and Technology Commercialization, today.

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