UCI Technology & Entrepreneurship Competition 2017

February 25, 2017
The Cove at UCI Applied Innovation

EVENT PHOTOS 

2017 Competition Logos
The 2017 competition was sponsored by Wilson Sonsini Goodrich & Rosati (WSGR), one of the nation’s leading intellectual property law firms. The competition problem was written by attorneys from Knobbe Martens, one of the largest intellectual property law firms in the country. PHOTOS of the 2017 Competition on Flickr >

The 2017 competition brought together graduate students from the Henry Samueli School of Engineering, Donald Bren School of Information and Computer Sciences, Paul Merage School of Business, and UCI School of Law. Each team had a science, business, and law student.

Students had five (intense!) hours to negotiate a joint development agreement between two corporations (Established Players and Reaching for the Stars) for a new medical device technology, and then write up the terms of the agreement. The problem was designed to give each team member an important role in structuring the deal. The law students, for example, were responsible for resolving legal issues connected to intellectual property rights, indemnification, representations and warranties, and confidentiality.

The participants developed practical transactional skills, collaborated on interdisciplinary teams, gained exposure to corporate issues, and learned best practices from a distinguished panel of professionals. The teams were judged and awarded based upon the effectiveness of their business strategy, understanding of the issues, overall professional demeanor, and the terms of the final agreement.

The competition was sponsored by intellectual property law firm Wilson Sonsini Goodrich & Rosati (WSGR). Two members of the intellectual property law firm, Knobbe Martens, wrote the competition problem and served as its technical advisor. Christopher Scott, Associate Partner at IBM and Global Remediation Lead, X-Force IRIS, was the Awards Dinner keynote speaker.

Results

Competition Champion:

(Reaching for the Stars, Team 10)

  • Sara Pennebaker, School of Law
  • Shankhamala Choudhury, The Paul Merage School of Business
  • Wei Li, The Paul Merage School of Business
  • Mahshad Sharifi, Henry Samueli School of Engineering

Best Negotiation:

(Established Players, Team 7)

  • Eric Malmgren, School of Law
  • Sidhant Sood, The Paul Merage School of Business
  • Faisal Chaabani, The Paul Merage School of Business
  • Davit Hovhannisyan, Henry Samueli School of Engineering

(Reaching for the Stars, Team 8)

  • Alexander Podobas, School of Law
  • Benjamin Nguyen, The Paul Merage School of Business
  • Yiying Yang, The Paul Merage School of Business
  • Ahmed Ibrahim, Henry Samueli School of Engineering

Best Term Sheet:

(Established Players, Team 9)

  • Dustin Nirschl, School of Law
  • Ankur Maiti, The Paul Merage School of Business
  • Hsiao-Yuan Huang, The Paul Merage School of Business
  • Edwin Vargas, Donald Bren School of Information and Computer Science

(Reaching for the Stars, Team 10)

  • Sara Pennebaker, School of Law
  • Shankhamala Choudhury, The Paul Merage School of Business
  • Wei Li, The Paul Merage School of Business
  • Mahshad Sharifi, Henry Samueli School of Engineering

Best Outside Legal Counsel:

(Reaching for the Stars, Team 2)

  • Monica Arnold, School of Law

Best Chief Operating Officer:

(Reaching for the Stars, Team 2)

  • Arturo San Vicente, The Paul Merage School of Business

Best Chief Technology Officer:

(Established Players, Team 1)

  • Jessica Hsieh, Henry Samueli School of Engineering