CDME's operational model is underpinned by four key values: Multi-industry collaboration, technology and product commercialization, workforce development, and regional economic growth.
Collaboration between different industries, competitors, vendors and customers has routinely proven to be more effective at solving tough commercial problems. By design, CDME brings all industry issues into a collaborative environment where organizations that rarely cross paths can speak freely about ideas and concepts. As these concepts gain momentum, CDME helps deliver results through jointly funded development programs that allow all the sponsors to share in the success and intellectual property generated.
PRODUCT AND TECHNOLOGY COMMERCIALIZATION
Thousands of technologies are developed each year at Ohio State, in small businesses and in the garages of entrepreneurs. CDME's model of integrating resources from the Fisher College of Business, College of Engineering, Technology Commercialization Office, and many other colleges/departments is optimized to rapidly take ideas from concept to market, while identifying and securing external funding to keep the technology moving through the development process.
Collaborative technology development and new product commercialization is meaningless without a trained and educated workforce. Manufacturing and business technologies are changing at an ever increasing rate, CDME's workforce development programs help keep organizations associates up-to-date. With customized program development, industry manufacturers and small businesses can target training programs on their specific needs, reducing the time spent on non-productive tasks and increasing job satisfaction.
REGIONAL ECONOMIC DEVELOPMENT
Regional economic growth is a result of effectively managing the interconnectivity of multi-industrial collaboration, technology commercialization and workforce development. When done correctly, each is interconnected with the others and all result in economic growth for the region.