innovation week, ipark jordan technology hub
TRANSCRIPT
El Hassan Science City
Founded in 1991, PSUT is a university offering degree
programs in ICT, Engineering, Business and
Entrepreneurship.
Founded in 1970, RSS is the largest applied research
institution in Jordan with focus on scientific research
as well as commercial activities such as testing,
training, and certification.
Established in 1987, HCST is a policy making government body
responsible for building a science and technology base
in support of national development priorities.
El Hassan Science City Campus, Amman
Princess Sumaya University of Technology
The Royal Scientific Society
The Higher Council of Science & Technology
iPARK
Established in 2003 to support the innovator and the entrepreneur. iPARK
established: • iPark incubator
• Queen Rania Center of Entrepreneurship
• IP Commercialization Office
• Bedaya Angel Investor Network
Higher Council of Science and Technology, the national umbrella for all science & technology activities in Jordan
• increasing awareness of the significance of scientific research and development
• granting the necessary funding
• directing scientific and research activities, within national priorities, in line with development orientations (adjusted Delphi methodology to set national priorities)
Incubator
Incubation Services
Entrepreneurship Development
Intellectual Property
Investment Facilitation
With so many gaps in the Jordanian Ecosystem, the talk of a national
innovation ecosystem was premature in 2003
iPARK sought to create an innovation and entrepreneurship enabling micro-
environment, bringing together capital, talent and support within a single
integrated network
Incubator
Incubation Services
Entrepreneurship Development
Intellectual Property
Investment Facilitation
Established in 2003
Supported by the Higher Council for Science and Technology (HCST)
Owned by Royal Scientific Society (RSS)
Located at El Hassan Science City Campus (EHSC)
Branching out to King Hussein Business Park (KHBP)
Technology focused (ICT, Cleantech, Healthcare, Biotech … etc)
Incubator
Dedicated space
Logistical Services
Shared facilities
Strategic support
Interaction & networking
Incubator
Incubator
Companies incubated Jobs created
If iPARK were a company, it would have been among the
largest 10 companies in Jordan
Export products & services
More than More than More than
Incubator
Incubator
Incubation Services
Entrepreneurship Development
Intellectual Property
Investment Facilitation
Awareness Capacity Building
Recognition &
AwardsNetworking
People participated in general & special
networking activities
People participated in Boot camps, Training
Workshops & Mentoring programs
Startups & Projects supported & recognized
More than More than More than
Incubator
Incubation Services
Entrepreneurship Development
Intellectual Property
Investment Facilitation
High chances of finding “smart money” Reduce risk and manage expectations
Investment-ready applications
Local matchmaking events
More than
More than
Regional tours: Jordan, Palestine, Lebanon, KSA, UAE, Morocco, Tunisia,
Egypt
First round investments for local and regional deals
More than
Institutional and angel investors
Incubator
Incubation Services
Entrepreneurship Development
Intellectual Property
Investment Facilitation
Offices with major IP and innovation stakeholders
Support and consultations to other countries in the
region
IP assets handled and evaluated
More than More than
SMEs supported through IP and Commercialization
Services
More than
capability and knowhow to support entrepreneurship
entrepreneurship support outside the Capital
entrepreneurship support outside the ICT sector
supportive IP and innovation policies within universities
clear deal flow to support decision making
linkages between the innovation outcomes and global networks
Based on existing knowhow, develop an incubation model that may be nationally replicated and expanded
Support more innovation and commercialization in Jordan with focus on Value Creation
An Interesting Commercialization ModelV
alu
e C
reat
ion Innovate
towards a new product/service
Val
ue
Cap
ture Receive reward
through an Innovative business model
S. Michel, Harvard Business Review Oct 2014
3/6/2015 20Dr Mohammed Aljafari, [email protected]
Example of IPCO Portfolio DevelopmentIP
Bas
ed
Prior art
Drafting
Registration
Translation
Val
ue
Bas
ed
Commercialization
IP management
Matchmaking
Investment advisory
3/6/2015 21Dr Mohammed Aljafari, [email protected]
Expanding the Scope IPCO Services
Researcher Services
Business Services
Investor Services
Inventor Services
Institution Services
3/6/2015 22Dr Mohammed Aljafari, [email protected]
Example: Standard Technology Report P
art
1: V
alu
e C
reat
ion Technology
Readiness
Protection Outlook
Technology Transfer Dossier Content
Par
t 2
: Val
ue
Cap
ture Spin-out
Assessment
Technology-Transfer Assessment
Par
t 3
: Op
inio
ns SWOT Analysis
Roadmap to Commercialization
Recommendations
3/6/2015 23Dr Mohammed Aljafari, [email protected]
Conclusion
Tackling in incomplete innovation ecosystem must take a holistic approach, tacking one blockage may create no impact at all
Creation of a “micro-environment” innovation ecosystem can provide significant impact on a national scale
A micro-environment can be a nucleus for a national functioning innovation ecosystem
3/6/2015 24Dr Mohammed Aljafari, [email protected]
