In this episode, Michael Johnson, President of NJII (New Jersey Innovation Institute), joins host Dean Guida to discuss how NJII bridges academia and industry by commercializing intellectual property and fostering entrepreneurship. He explains NJII’s venture studio model, which partners with corporations to build startups, and highlights their use of AI to drive internal efficiency and support small businesses. Michael shares success stories, addresses challenges in team building, and emphasizes AI as an enabler rather than a job replacer.