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Innovation and Commercialisation at UNSW

Innovation and Commercialisation at UNSW. GSOE9400 FoE Research Induction 3 April 2009. Dr Steve Brodie Senior Business Development Manager Physical Sciences and Engineering. Today’s presentation. Introduction. NewSouth Innovations. Research & Innovation. Wrap-up. About Steve.

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Innovation and Commercialisation at UNSW

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  1. Innovation and Commercialisation at UNSW GSOE9400 FoE Research Induction 3 April 2009 Dr Steve Brodie Senior Business Development Manager Physical Sciences and Engineering

  2. Today’s presentation Introduction NewSouth Innovations Research & Innovation Wrap-up

  3. About Steve Steve Brodie, PhD • PhD in Materials Science and Engineering • >15 years experience in Corporate Research, Innovation and Commercialisation • Experience in UK, Europe and Australia • Senior Business Development Manager with NewSouth Innovations

  4. Today’s presentation Introduction NewSouth Innovations Research & Innovation Wrap-up

  5. Quotable Quote “Prediction is very difficult, especially about the future.” - Neils Bohr

  6. Steve’s PhD A broad research continuum “Pure” “Discovery” “Blue Sky” “Curiosity driven” “Applied” “Industry Focussed” “Contract Research”

  7. Innovation – Steve’s View A great idea … … that creates value … at an appropriate moment in time.

  8. Entrepreneurship PROBLEM/OPPORTUNITY IDEA/SOLUTION

  9. Context “Say, what is a mountain goat doing in this cloud bank?”

  10. Source: “99 More Unuseless Japanese Inventions”, Kenji Kawakami

  11. Today’s presentation Introduction NewSouth Innovations Research & Innovation Wrap-up

  12. About NewSouth Innovations NewSouth Innovations Pty Limited commercialises research and technologies developed at the University of New South Wales Grants Management Office Research Strategy Office NewSouth Global

  13. IP Policy and student inventor’s obligations? • Tell the University you have developed IP • Using IP Notification Form (Send to NSi) • Do not prematurely disclose invention to public (Patents need to be novel!) • Assignment of Intellectual Property • Re-assignment to staff members or students • When decision made not to commercialise

  14. UNSW IP Policy - Students … University asserts legal and beneficial ownership of Intellectual Property: (b) created by students of the University where: (i) generation of the Intellectual Property has required use of University resources; or (ii) generation of the Intellectual Property has resulted from the use of pre-existing Intellectual Property owned by the University; or (iii) the Intellectual Property belongs to a set of Intellectual Property generated by a team of which the student is a member ; or (iv) the Intellectual Property has been generated as a result of funding provided by or obtained by the University;

  15. Technology Commercialisation NSi staff work in partnership with inventors to; • Assess the commercial potential • Assess Intellectual Property (IP) space and protect where necessary • Commercialise the technology • Licenses, spin-off companies, sales etc

  16. What’s In It For Me? (as an inventor) • Get to make the world a better place! • Inventors share returns - personally! • Good commercialisation experience • Patenting, understanding customers, licence deals etc

  17. What’s In It For Me? (as an inventor) $90,000 (net return) 33.3% 33.3% 33.3% $30,000 Inventors $30,000 NSi $30,000 University 8.3% 25% $7,500 Research Initiatives $22,500 Faculty School, Centre, Research Group

  18. Recent successful examples • Photovoltaics • VR Mining & iCinema • Waste recycling - OneSteel • Cancer Management - Covidien • BT Imaging BT Imaging Product design

  19. Today’s presentation Introduction NewSouth Innovations Research & Innovation Wrap-up

  20. Key Takeaways • Always keep looking out for “opportunities” and “ideas” • Remember that patentable inventions need to be “novel” • Keep up to date lab books • If in doubt ask for help • GOOD LUCK AND HAVE FUN!

  21. NewSouth Innovations >> specialists in taking research and innovation to the global market s.brodie@nsinnovations.com.au

  22. Patents - A word of wisdom • To be granted a patent the invention needs to be “novel” • So do not tell anyone! • In some countries the priority date is based on “First to invent” rather than “First to submit” • So laboratory notebooks are VERY IMPORTANT

  23. Lab Books • VERY important • Deals with the “First to Invent” versus “First to Lodge” issue • Lab books should be; • Bound, have numbered pages, be signed and witnessed, written in ink, legible • Lab books are the property of the University www.ipaustralia.gov.au

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