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The Nanyang Technological University (the “University”) has taken a pro-active approach in its strategy on innovation and entrepreneurship across the campus, bringing innovation to the heart of the University’s activities and as an equal partner to the more traditional activities of teaching and research.
Nanyang Technological University-NTUitive Pte Ltd (“NTUitive” for short) is the University’s innovation and enterprise company. NTUitive supports the University’s mission to develop an innovative ecosystem to encourage innovation, foster entrepreneurship and facilitate the commercialisation of research.
NTUitive’s challenge is to create an environment where there is a shared vision of innovation and academic entrepreneurship; where faculty and students are encouraged to explore opportunities, take measured risks, learn from failure and challenge long-held assumptions.
NTUitive is responsible for managing the intellectual property assets of the University and to help take technology from lab to the marketplace. Its activities are intended to translate the outcome of research efforts into economic benefits and improve people’s lives. At the same time it supports the University’s mission to make innovation and entrepreneurship a defining feature of the University’s brand of education. These efforts are expected to lead to the creation of the next generation of entrepreneurial leaders and new business ventures.