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Universities and Governments: The Commercialization & Innovation Agenda

2. Universities and Governments: The Commercialization & Innovation Agenda. Sitting Beside the Elephant AUTM Metrics and Performance Anxiety AUCC and Federal Government Commercialization for Indirect Costs COU and Ontario Government Engagement in Research Commercialization Agenda

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Universities and Governments: The Commercialization & Innovation Agenda

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  1. 2 Universities and Governments:The Commercialization & Innovation Agenda • Sitting Beside the Elephant • AUTM Metrics and Performance Anxiety • AUCC and Federal Government • Commercialization for Indirect Costs • COU and Ontario Government • Engagement in Research Commercialization Agenda • Research Funding • From General to Targeted • Connecting Research to the Market • “Gap” Funding • Government Focus • Technology Transfer Supporting an Innovation Economy

  2. 3 Universities: Commercialization, Innovation & the Academic Mission Discussion • Dynamic Tension • Universities, Researchers and Scholars, Governments • Technology Transfer • An Add-on to the Core University Academic Mission • (Supplementary Mission) • Technology Transfer • Central to the University Economic Development Mission (Refocused Mission) • Technology Transfer • Integrated Element of the Core University Academic Mission (Refined Mission)

  3. 4 University, Business and Industry Working RelationshipsNature and Richness of Working Relationships with Business and Industry Reflected Through: • Industry Sponsored Research Contracts • Commercialization and Technology Transfer Activities • Working Collaborations – at Jointly Sponsored University Research Institutes and Centres, and “in the Marketplace” • Consultation and Advisory Services Provided by Faculty Members • Student Placements, Internships

  4. 5 University, Business and Industry Working RelationshipsEconomic Impact of Working Relationships Both Commercial and Non-Monetary for University and for Partners

  5. 6 University of Toronto:Traditional Approach to Innovations and Commercialization Disclosures & IP Protection Technology Transfer: Commercialization Contract & Sponsored Research Knowledge Translation??

  6. 7 University of TorontoTraditional Approach to Innovations and Commercialization • Commercialization • University of Toronto Innovations Foundation • Contract Research, I.P. Protection, Disclosures • Research Services in the Office of the Vice-President, Research • Active and Successful History but Lost Opportunity to Develop Linked Activities • Impetus to Change Structure • Impetus Operational, not Strategic

  7. 8 University of Toronto: The Innovations Group • Service to Institution and to Commercialization Clients • Strengthening the Project Management Process • Revised Policies • Updated Roadmap • Adjusted Processes • Linking the Elements of the Technology Transfer Supply Chain • Expanding Throughput Capacity in the IP Pipeline • Departmental and Faculty Connections • Industry Relations • Commercialization Partnerships (e.g. MaRS, BioDiscovery Toronto, Parteq) • Leveraging Government Funding • Facilitating Knowledge Transfer Activities

  8. 9 TIG Commercialization / Technology Transfer Stream Transfer non-commercial value to broader socio-economy Knowledge Translation IP Assignment IP & Market Assessment IP Management Decision Disclosure Contract Research Idea / Research Product Development & Market Strategy License Identified Commercialization Route Spin-off Sale Development Funding

  9. 10 From University of Toronto Innovations Foundation toThe Innovations Group IN The University of Toronto • Transitions and Challenges: • Governance • Staffing • Location • Operating Budget • Mission and Mandate • Service Dichotomy • New Opportunities: • Students • Knowledge Translation • Research Funding Application Support • Strategic Projects

  10. 11 The Innovations Group: Next Steps • Within the Group: • Rebalancing Resources • Deploying New Provincial Funding • Linking with Research Services on Grant Applications • Within the University: • Communicating Updated Services, Policies and Procedures • Establishing University-Wide Advisory Processes • Sustaining Links with Faculties and Departments • Within the Industry and Commercialization Communities: • Establishing Ongoing Industry Liaison Forums • Developing Technology Transfer Partnerships

  11. 12 The Innovations Group and Partnerships Two Types of Partnerships to Support Business-Industry Working relationships: • Commercialization Partnerships – Toronto and Provincial • MaRS • Centered on Life Sciences and related disciplines, broad open-ended agenda involving both commercialization and technology transfer and social entrepreneurship. • BioDiscovery Toronto (Research Hospitals) • Collaboration in biomedical research commercialization. • Parteq • Linking in with complimentary strengths, seed funds and complementary resources. • Training, Information Exchange and Networking Partnerships • MaRS • Jointly sponsored keynote lectures and conferences. • Jointly sponsored showcase events business-researcher/researcher-business. • Social entrepreneurship. • Educational and Awareness programmes. • TRRA • Multi-institutional work with GTA industry sectors to identify HQP, research and development and commercialization opportunities that can be pursued in consortia.

  12. 13 Performance and Performance Challenges

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