NYU Stern

From Concept to Commercialization

The Innovation Lab teaches you how to refine ideas, turn those ideas into assets and bring your ideas to market.

Why an Innovation Lab?

Collectively, NYU students, alumni and faculty generate hundreds of great ideas (new products, internet business solutions, software products, medical devices, business models, advanced algorithms, chemical processes, research products, etc.) and have the capacity to generate even more. However, most ideas don't generate profits because the creators don't know how to refine ideas, turn ideas into assets and bring ideas to market.

The Innovation Lab is a seminar series designed to train you how to systematically and repeatedly create commercially-viable innovations, yielding a large and diverse portfolio of novel products, services and business models for sale and licensing to industry.

Lab participants must be willing and able to devote on average an additional 4-8 hours per week outside of class on assignments and projects in order to benefit from the program.

 All NYU students, alumni, faculty and staff are invited to apply to this program.

Areas of Innovation

Possible interests include but are not limited to:
  • Video games
  • Government IT modernization
  • Online music services
  • Biotech
  • Medical devices
  • Scientific computing/Applied math algorithms to software
  • Advanced operations research systems
  • Software tools for economic analysis