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“IMPORTANCE OF PRIVATE & PUBLIC SECTOR COMMERCIALIZATION IN THE GLOBAL ECONOMY” Dr Valdew Singh Email: [email protected] ©2014 Valdew Singh

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Page 1: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

“IMPORTANCE OF PRIVATE & PUBLIC SECTOR

COMMERCIALIZATION IN THE GLOBAL ECONOMY”

Dr Valdew Singh

Email: [email protected]

©2014 Valdew Singh

Page 2: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

What is the Environment Like?

Public vs Private – Is there a Difference?

Type of Mind-set

How to make RIE Work?

IP Management & Commercialization

What Does it Take?

Page 3: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

We live in a VUCA world!

Page 4: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Where & How to Start?

Welcome to Tech

Transfer ENTER AT YOUR OWN RISK!

Technology trend?

Market requirement?

Research & capability

development?

Stakeholders’ expectations?

Regulations & standards? Business

Development?

Monetize IP?

Page 5: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Commercialization

of new & useful technologies

Teaching

Research

Service

Profits

Product R&D

Academic Freedom

Open Disclosure

Knowledge creation & sharing

Confidentiality

Limited Public Disclosure

Advancement of knowledge for profit

INSTITUTION INDUSTRY

Economic Development

Page 6: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Skills Intensive

Technology

Intensive

Knowledge- Intensive

Innovation & Enterprise

70’s 80’s 90’s >2000

Brawn to Brain-based

Aerospace

Energy

Chemicals

Electronics

Environment & Water

Healthcare

Information Technology

Logistics & Supply Chain

Media & Entertainment

Medical Technology

Pharmaceuticals & Biotech

Digital & Precision Engineering

Telecommunications

Progressive Economic Restructuring

Page 7: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Push for new markets

Strive for higher productivity

Product & service innovation

New capabilities

Attract talent & develop trained manpower

Drivers for Innovation

To Do Things Better & Differently with Positive Outcome

Page 8: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Government

(Economic development)

Academic Institution

(Knowledge & capability

development)

Industry

(Business development &

services)

Page 9: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Pre-employment

Training Continuing

Education Training Innovation &

Enterprise Internationalization

7 Schools

Engineering Business Management

Information Technology Health Sciences

Interactive & Digital Media Design

Chemical & Life Sciences

Page 10: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

1) Teaching & Training Emulate & integrate real-life industrial environment

Enhancement of knowledge & upgrading of skill-sets

2) Industry Collaboration & Partnership To encourage innovation, teamwork & sharpen

problem solving skills.

Offer value-add services, develop customised solutions

3) Capability development Investment in manpower & technology to remain relevant & current

Education Philosophy

Page 11: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Ins

titu

tio

n

Ind

ustr

y

Technology Capability

Development Business Development

& Commercialization

Prototyping &

POC/POV

Development

©2012 Valdew Singh

Industry Engagement

Cap

abili

ty D

evel

op

men

t

- POC Projects

- Applied R&D

Tran

slat

ion

al

- Productization

- Industry projects

- Collaboration

Bu

sin

ess

Dev

elo

pm

ent

- Commercialization

- Products & Services

COMPANIES

Cluster

Communities

Tech Centres

Page 12: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Embedded Technology Centre

Wireless Technology Centre

Control Engineering Centre

Imaging Technology Centre

IC Design Centre Security Technologies & Applications Lab

RF Test and Measurement Lab

Smart Assistive, Health & Lifestyle

Lab

Centre for integrated Media & Telematics

Centre for IT Innovation

Green ICT Solutions Centre

Open Source Solutions Lab

Interoperability Verification Test Lab

IP Convergence Lab

Industrial Design Centre

Rapid Prototyping Centre

Engineering Design Centre

Biomedical Engineering Hub

Centre for Technology Innovation &

Commercialisation

Centre for Business Innovation

International Business Resource

Centre

RFID Centre Software Innovation Centre

Info Security Centre

Enabling Platforms – Specialist Technology Centres

DIFFERENTIATOR = “One-Stop” Solution Provider + Borderless Work Culture

Page 13: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Ideas & Concepts - IP generation & protection

- Portfolio mgt & IP training

Translational Development

- Prototypes, POC

- Productization

To Market - IP-infused projects

- IP licensing & sales

- Business development

“Lab to Market” Value Chain

“Selling Our Ideas”

Page 14: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

IP Management & Commercialization Pathway

Industry Projects

Technology Capability Development

Innovation & Entrepreneurship Development

Invention

Disclosure

Preliminary

Technology

Assessment

• Patent & literature search • Technology & market assessment

Institutional Rights

Patentable IP

Commercial Viability

3rd Party Rights

Concepts, ideas & IP generation

@

IP Protection

(Filing & Registration) Business

Intelligence

CTIC

Marketing &

Promotion

Technology Offer

Commercialization

Support Programs

• Facilitate grant application (POC)

• Business development

• Technology map & emerging trends

• Market need analysis & validation

• Industry directed applied R&D

Non-disclosure, Research collaboration

School level

Licensing

Agreement

Start-up/

Spin-off

• Assessment review – Prior arts, Novelty claims, FTO • Technical drafting – claims, inventive steps

©2012 Valdew Singh ©2012 Valdew Singh

Page 15: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

IP Filing Status

DOMAINS • Biomedical & Healthcare • Life Sciences • Electronics & Automation • ICT & Mobile Computing • Interactive Media • Materials • Product Design

0

50

100

150

200

250

<98 99 2000 01 02 03 04 05 06 07 08 09 10 11 12 13

4 2 3 4 815 19 21 22

14 25 23 17 14 12 114 6 9 1321

36

55

76

98112

140

154171

185197

208

Patents filed in the year Cumulative patents filed

Page 16: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Understand IP & Competitive

landscape

Determine Strategy

Identify Required IP

Plan R&D ‘Harvest’ IP

Create Synergy with Industry

©2012 Valdew Singh

“By Design”

Page 17: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

RESEARCH & INNOVATION FOCUS AREAS

Digital Entertainment & Lifestyle

‘Silver’ Industry

Sustainable Urban Living

Clean & Green

Automation & Optimization

Healthcare & Wellness

Page 18: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

1. Competitive / Substitute products (FTO, functionalities/features, maturity/degree of adoption/acceptance level)

2. Technology life expectancy in market (Short/long term, open/pervasive, proprietary)

3. Permit / License requirement, Health & Safety

(Compliance to regulations & standards, agreements)

4. Knowledge of commercial opportunity (Target customers, partnership, demand fulfillment)

6. Potential licensing revenue (Licensee dependence, FOU scope)

8. 8. Alternative business potential (Derivatives/platform technology, cross-market)

7. State of market (None, established, new/emerging)

5. Attainable sales & sustainability (Cost management, funding/financial support, value offer, brand/premium, market growth potential)

1 2 3 4 5

Technology & Market Evaluation Metrics

©2012 Valdew Singh

Page 19: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Source of Revenue from IPs

Category Type

1 IP Licensing

2 IP Infused projects

KPIs

No. of IPs Filed / Granted

No of License Agreements & Assignment

Revenue from Commercialization

Acquired R&D Funding & Grants

No. of Spin-offs/Start-ups

Page 20: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Mass Screening HealthCheck Software with

Referral Letter to Physician

Organisation/Constituency Health Profile

Multi-lingual Health Screening Reports

Screenee’s Medical Info.

HealthCheck Engine with Medical Rules

Patent : ‘Configurable Multi-lingual Advisory System & Method’

Application:

Deployed in polyclinics and hospitals to translate

medical rules on-the-fly from English into preferred

languages such as Malay, Tamil and Mandarin.

Page 21: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Foldable & Collapsible Chair with Easy Rest LLP

Patent & Registered Design: ‘Foldable & Collapsible Chair’

Application:

Used to aid mobility of handicapped and elderly

Page 22: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government
Page 23: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Development of an ultra-sensitive flexible pressure sensor using Carbon Nanotubes

Page 24: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Second NYP Project Awarded Prestigious NRF POC Grant

“Create higher efficiency solar cells

via a novel electrode technology “

$500K NEA research grant for Waste Management

Page 25: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

NEW TECH TRANSFER GUY!

What Makes A Successful TTO?

1. Good leadership & trained competent people

2. A supportive & ‘patient’ parent organization

3. Good technology & healthy IP pipeline

4. Flexible & pragmatic policies, e.g.

- IP ownership, support start-ups, reward & recognition scheme, conflict of interest

5. SOPs & support services - systematic, transparent, consistent & efficient

6. Good technology & business intelligence capability

7. Effective outreach & in-reach – industry partners, R&D, projects, communities

8. Be aware of risks & liabilities

9. Right attitude - Don’t take it personal & live to fight another day

Page 26: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

Industry

(Companies, entrepreneurs, VCs, investors)

Specialist Centres &

Technology Communities

Universities & Research

institutions

Staff & Students

Government Agencies

Innovation Eco-system @

In-reach

Out-reach/Funding Enabler

R&D collaboration/

Translational

Page 27: “IMPORTANCE OF PRIVATE & PUBLIC SECTOR …€¦ · Attract talent & develop trained manpower Drivers for Innovation To Do Things Better & Differently with Positive Outcome. Government

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