The
Challenge: Improving "Return on Research"
Over $90 Billion is invested each year for federally
sponsored research at public research institutions. Executives recognize
that systematically commercializing IP developed through this research
can provide enormous benefits to their institutions and communities.
In addition, universities and research institutions have an implied
duty to commercialize technologies and intellectual property developed
through sponsored research.
However, commercialization initiative's often fail to extract a majority
of the value created by the research, because technology transfer/commercialization
efforts tend to be:
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Sub-scale
(under resourced)
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Fragmented
(information issues, roles & responsibilities gaps and conflicts,
unaligned incentives)
-
Reactive
(driven by serendipity)
-
Focused
on mechanics of patent creation and legal protection
Symptoms
of these issues include frustration and concern with both efforts
and results.
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| EVP helps clients design
and implement a systematic process to |
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Address
the entire portfolio of intellectual assets with
full integration of relevant external and internal
stakeholders |
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Proactively
screen and assess value creation potential of
intellectual assets |
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Make
decisions, allocate resources, and take action
based on ongoing screening/assessment process |
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Attract
and manage a network of capital providers and
strategic partners |
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