innovation, entrepreneurship and the university · reality. a product, policy or institution. »...
TRANSCRIPT
![Page 1: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/1.jpg)
1
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Innovation, Entrepreneurship and the University
INNOVATION PROMOTION AND TECHNOLOGY TRANSFER
Topic 4
Thomas L. Bereuter, CLP
val»IP Ltd. & CoKG
![Page 2: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/2.jpg)
2
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Entrepreneurship
Entrepreneurs make things happen!
» Individuals who take a concept and convert it into a
reality. A product, policy or institution.
» Champions of a new process, and they are engines of
change.
» Entrepreneurship occurs in all areas of life: Business,
academy, government and Ngos.
» Entrepreneurs are everywhere, in Wall street and the
Sahel.
» Entrepreneurship can be used for good and evil.
![Page 3: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/3.jpg)
3
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Entrepreneurs Can Be
Encouraged and Promoted
» Openness to new ideas, freedom from
investigation to operation, recognition and
reward encourage entrepreneurship.
» Excessive regulation, rigid hierarchy, lack of
freedom, steeling of ideas and excess
control discourage entrepreneurship.
![Page 4: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/4.jpg)
4
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Requirements of Entrepreneurs
» Understanding of economic, social, scientific realities, and the evolutionary processes in the future.
» Understanding of how institutions work, and individuals react in order to introduce activities and products that serve peoples’ need and that are sustainable economically and politically.
» Dedication and commitments and the capacity to overcome failure.
![Page 5: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/5.jpg)
5
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Entrepreneurship and society
» To encourage entrepreneurship, society
should tolerate failure and give people a
second, a third,… chance.
» Obviously, people need to pay for their
mistakes, but if the payment is too high,
people will not be daring or take risks.
» Effective legal system is essential for positive
entrepreneurship.
![Page 6: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/6.jpg)
6
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
From Research Result to Product on the
Market – Technology Transfer Cycles
![Page 7: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/7.jpg)
7
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Technology
Transfer
Cycle
![Page 8: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/8.jpg)
8
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
EntrepreneurPotential versus Risk
Spin-off Start-up
high
Value
low
Licensing
low Risk high
Sale
Own business case
![Page 9: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/9.jpg)
9
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Stage Gate Process
![Page 10: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/10.jpg)
10
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Selection Criteria – Risk vs. Potential
� Legal due diligence
� Technical due diligence
� Market analysis
� Strategic aspects
� Finances
![Page 11: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/11.jpg)
11
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
IP Score of EPO
![Page 12: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/12.jpg)
12
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
![Page 13: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/13.jpg)
13
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
![Page 14: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/14.jpg)
14
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
![Page 15: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/15.jpg)
15
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
![Page 16: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/16.jpg)
16
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
AUTM Survey
Revenue To Licensees by Number of Fiscal Years
After License Agreement Date
0
50
100
150
200
250
300
350
400
450
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Fiscal Years After License Agreement Date
$M
Non-Exclusive
Exclusive
![Page 17: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/17.jpg)
17
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
The Role of the Laboratory/Researcher in
Innovation and IP Commercialization
![Page 18: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/18.jpg)
18
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
What not to do when considering filing a patent application
• No publication prior to filing
e.g. no article, press release, conference presentation/poster/proceedings or blog entry
• No sale of products incorporating the invention prior to filing
• No lecture or presentation prior to filing
except under a non-disclosure agreement (NDA)
• Seek professional advice soon!
• File before others do!
NDA
![Page 19: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/19.jpg)
19
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Lead Generation
56 % Inventors
19 % Broker (TTO,…)
10 % Requests from potential licencees
7 % Research sponsor
8% Rest
Journal of the Association of University Technology
Managers, 1999 (1140 licenses surveyed)
![Page 20: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/20.jpg)
20
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Marketing
Inventors
ROI (return-on-investment) Considerations
Leads: Contacts from literature retrieval, congresses, collaborations,…
Consulting, Presentations
Prototyp presentation
Publications
Broker
ROI Check/Presentation
Leads: database searches and follow up
IPRs
Marketing: Push & Pull
![Page 21: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/21.jpg)
21
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
IP Asset Development and Management
in Universities and Research Institutions
![Page 22: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/22.jpg)
22
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
![Page 23: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/23.jpg)
23
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Some IP found in a mobile phone
Trade marks:
• Made by "Nokia"
• Product "N95"
• Software "Symbian", "Java“
Patents:
• Data-processing methods
• Semiconductor circuits
• Chemical compounds…
Copyrights:
• Software code
• Instruction manual
• Ringtone…
Trade secrets: ?
Designs (some of them registered):
• Form of overall phone
• Arrangement of buttons in oval shape
• Three-dimensional wave form of buttons
• …
© Nokia
![Page 24: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/24.jpg)
24
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Importance of intellectual property (IP)
• Essential business asset in the knowledge economy
– Swedish steel-maker Sandvik: 20% of its value is from IP!
• Increases funding for innovative projects
– Without IP many innovative projects would not be profitable because
anyone who wanted could simply copy the results
• Protects small innovative firms
– Dolby® Laboratories
– W. L. Gore & Associates (Gore-Tex®)
• Needed to release IP into the public domain under
controlled conditions:
– Linux (GPL): improvements must be free too!
Source: EPO, Teaching Kit, Core module 1, Protect your ideas
![Page 25: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/25.jpg)
25
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
Q&A
Questions & Answers
![Page 26: Innovation, Entrepreneurship and the University · reality. A product, policy or institution. » Champions of a new process, and they are engines of change. » Entrepreneurship occurs](https://reader034.vdocuments.mx/reader034/viewer/2022043021/5f3cf5f583b9f9086c7fde98/html5/thumbnails/26.jpg)
26
Copyright © 2011 Thomas L. Bereuter WIPO, Belgrade, June 21-22, 2011
val»IP Ltd. & CoKG
Thomas L. Bereuter, CLP