From PhD to CEO: Michael Johnson on Innovation, AI Adoption, and Building NJ’s Unique Venture Studio
In this episode of The Innovators & Investors Podcast, host Christian Marquez speaks with Michael Johnson, President of the New Jersey Innovation Institute (NJI).
Michael shares how NJI bridges the gap between academia and industry by accelerating translational research, fostering innovation, and supporting workforce upskilling. He discusses NJI’s unique organizational structure as a separate 501©(3), which enables nimbleness and effective collaboration with government, defense, healthcare, and AI sectors.
Michael reflects on his journey from launching a biotech startup during his PhD to leading NJI and launching a venture fund aimed at building startups rooted in university IP and corporate partnerships. The conversation covers challenges facing higher education, including declining student populations and funding cuts, and why STEM-focused institutions with innovation arms like NJI are well positioned for the future.
The episode also delves into practical AI adoption for small and mid-sized businesses, workforce development, and emerging blockchain applications. Michael emphasizes the critical role of mentorship in entrepreneurial success and gives personal insights from his own path.
Listeners interested in innovation ecosystems, technology commercialization, and the future of higher education and entrepreneurship will find this episode valuable. For more information, visit njii.com.
Learn more about NJII's work at: https://www.njii.com/
Connect with Michael Johnson on LinkedIn at: https://www.linkedin.com/in/michael-johnson-njii/
Think you'd be a great guest on the show?
Apply at https://finstratmgmt.com/innovators-investors-podcast/
Want to learn more about Kristian Marquez's work?
Check out his website at https://finstratmgmt.com
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