MBA Experiential Learning
Commercialization of Frontier Technologies

Frontier technologies are poised to revolutionize all aspects of human affairs. Understanding these technologies is increasingly important for students pursuing a leadership role in the world of commerce.

At the top of the list of such technologies are robotics and mechatronics, which integrate mechanical, electrical, electronics, and computing technologies, as well as software engineering and machine learning, in the design, development, and control of diverse systems used in a range of industries. Mechatronics makes it possible to design intelligent, reliable, and versatile electromechanical systems such as industrial robots, medical devices, aircraft simulators, automated assembly lines, building control systems, and autonomous vehicles.
Students who are interested in taking this course do not need to have a background in robotics or mechatronics. The course is designed to help students familiarize themselves with both the technical aspects of developing mechatronics and robotics inventions and the research and assessment activities that need to be conducted to turn a viable new technology into a marketable product.

To that end, the course will be divided into two key learning modules:

  • The first module will provide students with a structured process for assessing the commercial viability of a new technology through short lectures and discussions that will focus on the key components of this process, including developing a minimum viable product; conducting customer value proposition research; estimating market potential; identifying key proprietary aspects of a new technology and how to protect them; determining the financial value of a new technology and licensing and royalty fees; and crafting a technology commercialization strategy. This module will also provide students with the opportunity to conduct real-world research and analysis of the commercialization potential of a new robotic technology invention developed at NYU’s Tandon School of Engineering.
  • The second module will provide students with the opportunity to learn about the fundamentals, hardware, software, and applied elements of mechatronics and robotics through short lectures and concrete experiences with devices being developed in the Mechatronics, Controls, and Robotics Lab (MCRL) at NYU’s Tandon School of Engineering. These activities will illustrate real world applications of material covered in the lectures, thus reinforcing and imparting a greater sense of understanding. Having participated in structured mechatronics explorations, students will have greater facility in understanding the mechatronics and robotics inventions that will be the focus of their commercial viability research projects.

Students must have completed 15 credits.