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David McFeeters-Krone, MBA
Biz Dev, Licensing & Open Innovation Expert
David McFeeters-Krone, MBA, is a notable figure in the field of technology commercialization and business development. He currently serves as a member of the Invention, Innovation, and Entrepreneurship Advisory Committee (IIEAC) at the U.S. Small Business Administration (SBA), a position he was appointed to in October 2023 for a two-year term. In this role, he provides advice on matters related to accelerating innovation and entrepreneurship in the United States.14
Professional Background
McFeeters-Krone has extensive experience in connecting companies with research institutions and facilitating technology transfer. He is the Principal at Intellectual Assets, Corp., where he has worked since July 2001, focusing on strategic partnerships and collaborative research and development.1 His career includes significant roles such as:
- Vice President of Strategic Planning at CenterSpan
- Director of Technology Commercialization at NASA
- Licensing Associate at the Massachusetts Institute of Technology (MIT)
He has also been involved with various advisory boards and has founded several entrepreneurial ventures.14
Areas of Expertise
His expertise spans several key areas:
- Business Development: McFeeters-Krone has a proven track record in negotiating licensing agreements and developing business strategies that leverage intellectual property.
- Open Innovation: He specializes in connecting companies to research and development centers to foster innovation.
- Technology Scouting: He identifies marketable technologies and evaluates their commercial potential.12
Contributions to Innovation
As part of the IIEAC, McFeeters-Krone contributes to discussions aimed at enhancing the U.S. innovation ecosystem, focusing on commercialization of new technologies and improving access for small businesses. The committee's work is aligned with the Biden-Harris Administration's goals to support entrepreneurs in creating innovative solutions that can drive economic growth.34
Overall, David McFeeters-Krone is recognized for his leadership in fostering collaboration between government, academia, and industry to advance technology commercialization and innovation initiatives.