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Evaluating an internal pitch competition for entrepreneurial training in medical innovation: The alligator tank at Mayo Clinic Florida

Published online by Cambridge University Press:  09 June 2025

Shavonnye Rath
Affiliation:
St. Catherine University, 2004 Randolph Ave, USA Mayo Clinic in Florida, Office of Entrepreneurship, Jacksonville, FL, USA
Marissa N. Russo
Affiliation:
Mayo Clinic Graduate School of Biomedical Sciences, Jacksonville, FL, USA
Maarten Rotman*
Affiliation:
Mayo Clinic in Florida, Office of Entrepreneurship, Jacksonville, FL, USA Office of Innovation and Entrepreneurship, Dell Medical School at The University of Texas at Austin, Austin, TX, USA
*
Corresponding author: M. Rotman; Email: maarten.rotman@austin.utexas.edu
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Abstract

There is a general separation between medical and business education, despite the substantial intersection of these fields in hospital and industry settings. This separation hinders medical innovators, who rarely have opportunities to see how entrepreneurial concepts apply to the translation of medical innovation. To address this, the Office of Entrepreneurship at Mayo Clinic Florida provides experiential entrepreneurial training through an internal pitch competition: the alligator tank (AT). This study evaluates the impact and efficacy of the first seven years of the AT. Key metrics include a modified technology readiness level (TRL), determined by the presence of a disclosure, prototype, and preliminary data. A high TRL is not indicative of success in the pitch competition, leveling the playing field for early-stage inventions. The AT is characterized by broad representation across academic and professional ranks, departments, and genders, as well as strong participant retention. Innovators with prior disclosures are more likely to win the AT, presumably due to their experience. The AT serves as an institution-wide initiative that cultivates an inclusive, supportive innovation culture, fosters interdisciplinary medical innovation, and helps advance innovation maturity. Adopting the AT framework may help similar medical systems build an innovation ecosystem within their institutions.

Information

Type
Special Communication
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - SA
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike licence (https://creativecommons.org/licenses/by-nc-sa/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the same Creative Commons licence is used to distribute the re-used or adapted article and the original article is properly cited. The written permission of Cambridge University Press must be obtained prior to any commercial use.
Copyright
© The Author(s), 2025. Published by Cambridge University Press on behalf of Association for Clinical and Translational Science
Figure 0

Figure 1. AT department and rank information A) number of applicants and pitchers per year of AT. B) pie chart showing the percentage breakdown of pitchers (team lead) and their department affiliations. C) pie chart showing the percentage breakdown of the academic rank of each winner over all years of AT. D)Percentages of further breakdown of what program/rank the student winners were affiliated with. E) ratio of males to females on each winning team broken down by year of AT. For all panels, the numbers to the right of the percentages in the parentheses note the number of individuals.

Figure 1

Figure 2. Components of assigned TRL A-B) the number of teams per year that pitched an innovation that was disclosed, and won or did not win AT, respectively. C-D) the number of teams per year that pitched an innovation in which they collected preliminary data for, and won or did not win AT, respectively. E-F) the number of teams per year that pitched an innovation had a prototype, and won or did not win AT, respectively. G-H) the number of teams per year that had the assigned TRLs of minimal, low, mid, or max, and whether they won or did not win AT, respectively. For each graph, the number within each bar represents the number of teams.

Figure 2

Figure 3. Impact of disclosures and winning likelihood. A) the number of pre-disclosures and post-AT disclosures, summed across all years (total n = 55). B) the winning likelihood broken down into the percentage of teams that declared a pre-disclosure and won AT compared to the percentage of teams that declared a pre-disclosure and lost. C) the total number of winning teams, broken down into the number of these teams that had pre-disclosures, and how many of those winning teams then submitted a disclosure post-AT. D) the total number of winning teams, broken down by if the team leads of each team had>1previous disclosure or no previous disclosure and how this related to likelihood to win AT. For all panels, the numbers to the right of the percentages in the parentheses note the number of individuals.

Figure 3

Figure 4. Unified scoring rubric. A) the judges receive an abridged description of the problem and proposed solution, to quickly orient them as they judge and while they deliberate after the event. The five core questions are clearly outlined, as well as the 4 sub-categories on which to base the likert-scoring. This format is uniform for all teams, the example provided is based on the described case study of IV safe lock. B). Based on the feedback of the judges over the years, a specific rubric was developed which makes the likert-scoring both easier and more uniform.