Evaluation Process Example: CityU Student Projects on Creative Electronics Invention: Game of Pain 1. Press the white button to shock your opponent with a strong electrical pulse; 2. Press the red button to avoid getting shocked by your opponent; 3. The red button cannot be held for longer than 3 seconds, or else you will be punished with a painful shock; Proposal: What to Include • Project summary • Project description • Objectives (intended learning outcomes) • Number of students affected and student supervision mechanisms • Background and expertise of proposer(s) • Space needs and special requirements • Safety issues and how they will be addressed • Budget (separate into infrastructure investment to establish an Idea Incubator; and recurring project expenditures; include possible long-term sources of support for the latter) • University-wide impact (including, for instance, the engagement of students and/or collaborators from other units) • Potential societal impact of the Idea Incubator • Assessment of learning outcomes Criteria for Selection Include … 1. 2. 3. 4. 5. Project feasibility; expertise of proposer(s); impact on student learning; university-wide impact; and impact on society. Challenge Example Example: INNOCENTIVE Idea Exchange “Founded in 2001 by the venture capital arm of pharmaceutical giant Eli Lilly, InnoCentive is the world leader in prize-based open innovation. As a driving force in accelerated innovation, InnoCentive inspires and unites a web community of scientists, engineers, professionals and entrepreneurs worldwide who collaborate to deliver breakthrough solutions for some of the world’s most progressive organizations.” Videos • “Introduction to Innovation Podcast 'What is Innovation?’” (SMU) http://www.dailymotion.com/video/xadzmd_introduction-to-innovationpodcast_school • “SMU Skunkworks” (SMU) http://www.youtube.com/watch?v=PvV0CnNgesA • “Students Create JediBot” (Stanford) http://www.youtube.com/watch?v=VuSCErmoYpY