A group of MBA students in Loyola University New Orleans’s College of Business will soon have quite the highlight on their resume—experience working with NASA.
The university announced in a November statement that the students will partner with the engineers at NASA’s Stennis Space Center in an effort to commercialize a technology patent. The partnership falls under the agency’s Technology Transfer University (T2U) initiative, an effort focused on helping business students hone their skills by using NASA’s intellectual property to promote economic growth.
“This kind of effort is built on the understanding that NASA technology not only enables space exploration but impacts and benefits all areas of daily life,” Stennis Center Director Rick Gilbrech said, according to the university’s announcement.
While at the space center, which is located in Hancock County, Miss., the students will supplement the work of engineers through the provision of communication, marketing, and business planning schemes for the technology.
The students will create a business model for the Lean Launchpad (an experimental learning model designed to benefit entrepreneurial education or other program) and apply it to one of the patents at Stannis, as part of one of their courses. The students are expected to use the model to create a strategy from patent to market in four months.
“We are thrilled to have a working relationship with one of the most important agencies in the United States,” said Bill Locander, dean of the Loyola College of Business. “NASA’s patents and technologies are the kinds of things that show promise for the future. This is an opportunity for our MBA students to be a part of that promise and to learn through real experiences.”
Filed Under: Aerospace + defense, Student programs