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Mr. Anderson Lim 林静竹 BBA(NUS), BPM(G), LLM(UK)- Progressing. Short Introduction of NUS What we want to achieve Actual situation (Successes and failures) My views on the situation Personal proposal Effective IP commercialization Technology Incubation Technology Business Incubation
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Mr. Anderson Lim 林静竹 BBA(NUS), BPM(G), LLM(UK)-Progressing Short Introduction of NUS What we want to achieve Actual situation (Successes and failures) My views on the situation Personal proposal Effective IP commercialization Technology Incubation Technology Business Incubation Conclusion
National University of Singapore • Top 3 universities in Asia • Ranked 18 in the world • Faculty of Engineering ranked 8th in the world. One of the best technology universities in the world • Multi discipline university. Focus on research
What we want to achieve • Technology Commercialization • INTRO • NUS Enterprise • Faculty of Engineering Technopreneurship Incubation Centre
Actual technology Entrepreneurial situation • Staff initiated projects • Staff/student initiated projects • Student initiated projects.
Actual Successes • Staff (High Technology) --Moderate success to BIG success • Staff/student (High-Medium Technology) --Moderate to no success • Student (Low Technology) --no success to BIG success
My views • Successful businesses need real entrepreneurs • Good technology not equal to good business • Good academic background not equal to good business • Academics generally not good to do business
Proposal How University can make use of its technology to assist incubator • Focus on technology research • Strong industry relation • Strong University and student relations • Promote entrepreneurship • Promote University’s technology capability (let entrepreneurs see potential)
Effective IP commercialization • Clear policy • - Profit sharing between university and incubators • - risk factors. Who share the most risk such as cost of Patent? • - long-term. How to manage long term commercial benefits of the IP • - How to award the University’s researchers and professors to do commercial viable research. • - How to let the University’s researchers and professors work with the incubators • - How to encourage the University’s researchers and professors to startup. • Clear communication of policy • Understand the industry
Technology Incubation • Conceptualizing a new technology • Doing prototype during incubation • Normally researcher motivated startup • Normally University still pays the researchers as staffs. • Not popular -Constraints -Not true entrepreneurial startup -Not flexible
Technology Business Incubation • Startup by entrepreneurs • Owned the technology skills or the IP already. • More focus on commercializing the product or technology.
Conclusion • Promote entrepreneurs • Find real entrepreneurs • Work with industry and entrepreneurs • Clear policy how to work with industry and entrepreneurs.
The End Thank you for your attention