japan’s economic growth in the last 50 years

All rights Reserved. Copyright (c) 2004 The University of Tokyo

University Research Performance Forum 2013 University Research Performance Forum 2013

University Entrepreneurship University Entrepreneurship for Innovation Ecosystemfor Innovation Ecosystem

April 10, 2013, 2013

Dr. Shigeo KagamiDr. Shigeo KagamiProfessorProfessor

General Manager – Innovation and EntrepreneurshipGeneral Manager – Innovation and EntrepreneurshipDivision of University Corporate Relations (DUCR)Division of University Corporate Relations (DUCR)

The University of TokyoThe University of Tokyo

University Research Performance Forum 2013 University Research Performance Forum 2013

University Entrepreneurship University Entrepreneurship for Innovation Ecosystemfor Innovation Ecosystem

April 10, 2013, 2013

Dr. Shigeo KagamiDr. Shigeo KagamiProfessorProfessor

General Manager – Innovation and EntrepreneurshipGeneral Manager – Innovation and EntrepreneurshipDivision of University Corporate Relations (DUCR)Division of University Corporate Relations (DUCR)



Japan’s Economic Growth in the Last 50 YearsJapan’s Economic Growth in the Last 50 Years

-6

-4

-2

0

2

4

6

8

10

12

14

GDP Growth Relative to Previous Year (%)

Source: Cabinet Office, Government of Japan

1956-73 Ave. 9.1%

1974-90 Ave. 4.2%

1991-2009 Ave. 0.8%

2


““Incorporation” of Japan’s National UniversitiesIncorporation” of Japan’s National Universities(April 1, 2004)

A dramatic reform of university since the era of Meiji

Incorporation respectively of each national university

Deregulation of budget and personnel will lead to a competitive environment by ensuring university's autonomy

“Autonomy” at the expense of continuous deduction of operational grants from the government Greater importance in gaining external funding

Before April 1, 2004, a national university had no corporate status, thus it was not able to be a patent owner Now, intellectual properties (patents, etc.) are a university’s

asset Greater importance in commercializing university technologies

3


Distribution of Royalties from Licensing Distribution of Royalties from Licensing University TechnologiesUniversity Technologies

Royalties are distributed to the inventor(s) in accordance with the University’s internal rules.

The rules call for a distribution, after deduction of administration fees and any patent expenses, of (in case of the University of Tokyo) 30% to the University, 30% to the Institute(s) or Laboratory(s) with which the inventor(s)

is (are) affiliated, and 40% to the inventor(s).

4


　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　 Society and industry

Graduate Schools(15),Research Institutes(11),University-wide Research Centers(13),Todai Institutes for Advanced Study(1)

Division of University Corporate Relations

Nippon Keidanren(Japan Business Federation)

PresidentThe University of Tokyo

Foundation for the Promotion of Industrial Science

Executive Vice President

Director General（ General Manager ）

Office of Intellectual

Property

University CorporateRelations Network

Deputy Director General

Tech Transfer Office(TODAI TLO,Itd.)

University Corporate Relations Group

Office of Innovation Office of Innovation

and Entrepreneurshipand Entrepreneurship

The University of Tokyo Edge Capital (UTEC) Venture Capital

Organizations for InnovationOrganizations for Innovation

5


Development of Research Collaboration Development of Research Collaboration Projects with the IndustryProjects with the Industry

Create new model of mutual reliable collaboration program between industries and the University of Tokyo.

Support activities of all faculties for multi cross-departmental or non-departmental program

Carry out the “Proprius*21” program

Make plans for better and more strategic relationship with society

*Proprius (Latin): one's own, permanent, special, peculiar

6


Collaborative Research Projects at the University of Collaborative Research Projects at the University of Tokyo (primarily with the private sector)Tokyo (primarily with the private sector)

0

1000

2000

3000

4000

5000

6000

7000Total Ammount

(million Yen)

0

200

400

600

800

1000

1200

1400

1600

1800Number of

Projects

TotalAmmount

NumberofProjects

Source: THE UNIVERSITY OF TOKYO 2011 (Data Book)

7


Proprius21: Innovative Research Planning SchemeProprius21: Innovative Research Planning Scheme

Proprius21 is a research planning program organized by DUCR before a full-scale collaborative research project starts between the industry and the University of Tokyo

To share the vision, objectives and approach

For better partnership, collaboration, and output

For more effective collaborative research projects with the private sector.

A Program for Value-Creation Oriented University-Industry Collaboration

8


Three Phases of the Proprius21 ProgramThree Phases of the Proprius21 Program

TraditionalResearch Project

Traditional Project, Start-ups

University Flagship Project

Open Discussion

Project Planning and Review

①Plaza Phase

③SLOT Phase

②Grouping Phase

9


UCR ProposalUCR Proposal

Research proposals from Professors Covering various areas, from

Biotech to Sociology English contents launched in

Mar 2009, gradually increasing

Associative searching available

Number of Proposals 130+ in English 1,800+ in Japanese

URL: http://proposal.ducr.u-tokyo.ac.jp/

10


Promotion of University EntrepreneurshipPromotion of University Entrepreneurship Consultation

Offer one-stop advisory services to the university’s researchers, students and spin-off entrepreneurs

Mentoring The University of Tokyo “Mentors (UT Mentors)” External network of professionals (VCs, Attorneys, Accountants, Bankers, Analysts,

….) UT Venture Squares

Network with the entrepreneurs who are UT graduates Education

Offer seminars and educational programs for science and student entrepreneurship “UT Entrepreneurship Education Program and Business Plan Competition”

Venture Capital Offer seed money to spin-off ventures

The University of Tokyo Edge Capital (UTEC) Offer hands-on assistance for university-spin-offs in developing businesses

Incubation Offer facilities and assistance to university start-ups

The UT Entrepreneur Plaza

11


University Entrepreneurship Ecosystem University Entrepreneurship Ecosystem in the University of Tokyo in the University of Tokyo

The University of Tokyo

The University of Tokyo Edge Capital (UTEC)

University start-ups and entrepreneurial ventures

TLO (CASTI)

Invention Disclosure Information

Risk Money

Hands-on AssistanceCapital Gain

Return from Investment Success

Licensing (Patents etc.)

Royalties

*The University takes equity in partial lieu of royalties

12


Profile of Enrolled Students: 2005~2012 Total

　

Freshman & Sophomore

Junior & SeniorGraduate School

Total

Science & Engineering

42 245680

(48.5%)

967

(69.0%)

Humanities & Social Science

55 222 158435

(31.0%)

計97

(6.9%)

467

(33.3%)

838

(59.8%)

1,402

(100.0%)

UT Entrepreneurship Education Program & UT Entrepreneurship Education Program & Business Plan CompetitionBusiness Plan Competition

13


Issues facing University Entrepreneurship Issues facing University Entrepreneurship in Japan in Japan

Sources of “patient (long-term)” risk money Pension, endowments, …..

Funds for “Proof of Concept (Prototype)” before investment gets ready (before VCs are involved) Gap funding

Mentality of big corporations “Not Invented Here” syndrome

Few deals of acquiring technology ventures Notion of “Innovation”

Many people still believe that innovation comes from big manufacturing firms like Toyota, Canon, …..

Big Company “Primacy”? Lack of clear “role models” of Japanese young entrepreneurship

Entrepreneurs should be more celebrated! Lack of global perspectives

VCs Start-ups, universities, and Tech Transfer Offices (TLOs) Intellectual property strategy (especially for Biotechnology)

14


Linear Model

Basic Research

Applied Research

Product Development

Basic Research(University)

University Start-upsProduct

Development(Industry)

Open Innovation

““Paradigm Shift” in Innovation SystemParadigm Shift” in Innovation System

TimePartnership& Acquisition

15


Thank You for Your Attention!Thank You for Your Attention!

Dr. Shigeo KagamiDr. Shigeo Kagami

ProfessorProfessor


[email protected]@mail.u-tokyo.ac.jp


DR. SHIGEO KAGAMIDR. SHIGEO KAGAMI

Professor, General Manager – Office of Innovation and Entrepreneurship Science Entrepreneurship, Division of University Corporate Relations (DUCR), The University of Tokyo

Dr. Kagami is a graduate of Hitotsubashi University (BA in Commerce, 1982), and gained his MBA from IMD (Lausanne Switzerland, 1989), and completed his doctoral work in corporate governance at Weatherhead School of Management, Case Western Reserve University (2000).

Before he joined The University of Tokyo, Dr. Kagami was a consultant at Boston Consulting Group (1982-1986), a founding partner of Corporate Directions Inc. (CDI, 1986-1997), and Partner of Heidrick & Struggles International (2000-2002). At the University of Tokyo, he became Associate Professor, Pharmaco-Business Innovation Course at Graduate School of Pharmaceutical Sciences, and he had been Professor and General Manager – Science Entrepreneurship and Enterprise Development (SEED), Division of University Corporate Relations (DUCR) from 2004 until the end of March 2013. Professor Kagami has become General Manger of the Office of Innovation and Entrepreneurship, a newly created organization as a merger of two offices at DUCR; Office of Development of Collaborative Research and Office of SEED.

Professor Kagami’s responsibilities include 1) Development of large scale research collaboration projects with the industry for innovation, 2) Entrepreneurship education program and student business plan competition for the University, 3) Management of incubation facilities for university start-ups, 4) Relationship management with The University of Tokyo Edge Capital (UTEC) as a board member, and 5) Consulting and mentoring for the University researchers and students for their start-up initiatives.

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japan’s economic growth in the last 50 years

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