Benefits for HEI collaborating with SME

1. Benefits for HEI collaborating with SME

2. Summary Duration: 1 hour Terms: Prestige of the University, Commercialize Research, Research Publications, Legitimacy, Funding Educational Objectives: The aim of this module is to show the HEI some important benefits of collaboration with SME. • Explore the possibilities to introduce the research into the market. • Show how this relation can increase the publication opportunities of the researchers. • Chance to demonstrate the practical application of research works • Allows to get an extra foundation

3. Introduction Legitimacy PublicationOpportunities Benefits Commercialization the Research Funding

4. Introduction Conduct Research Leading Discoveries Innovations Challenge

5. Introduction SME R&D

6. Introduction Paradigm chance () European Commission: “Improving knowledge transfer between research Institutions and Industry across Europe”

7. Introduction

8. Introduction Knowledge transfer between research institutions and industry consist of a variety of activities, including, for example: Research institution-industry staff-exchange programmes Gifts and endowments by industrial partners (egg. professorial chairs) Collaborative and contract research Consultancy work

9. Introduction Reasons to be “personally important” (Yong S. Lee, 2000): • To look for business opportunity • To supplement funds • To secure funding for research assistants • To test the practical application • To gain insights in the area of one’s own research • To create student internships and job placement opportunities • To gain knowledge about practical problems useful for teaching • To further university’s outreach mission • To look for business opportunity

10. Research benefits Foster new research areas License May increase HEI financial resource Royalties Develop new teaching opportunities

11. Benefits of Collaboration. Lets look at a best practice Lappeenranta University of Technology • “LUT has a long history combining technology and business. That’s a good basis for an environment for innovation.” • “Business excellence rarely centers around only performance.” • “Linking technological advances with commercial aspirations is in the core of many innovations.” • http://www.youtube.com/watch?v=4dYgQwUPaw0

12. Benefits of Collaboration. What is your role in technology transfer? Innovation is the complete process of ideas transforming into products: Industry HEI Development Idea Technology Transfer Diffusion

13. Benefits of Collaboration HEIs and SMEs have always been on the same team, this process portrays how the collaborations works and where the HEIs role is how important.

14. Commercialization of Research. • Opens up a number of different opportunities for a HEI: - create revenue - make an impact - can be stimulating for department and students • Diversify funding base - In the future: funding will be tied to measurable outcomes • Informative video about the benefits of commercialization of research: “From Research to Commercialization” http://www.youtube.com/watch?v=a2RbujJ2Z0U

15. Publication Opportunities. • Applying the research to real-world situations, adds a great element to potential writing pieces. • The opportunity for publication is beneficial to the professor, the institution itself, as well as students: • Such publications are a reference for students seeking to pursue careers at a HEI or in a SME • And gives them insight into how a successful economy functions best • Not to mention, provides an over-all understanding of a necessary partnership in society

16. Publication Opportunities. • Scientific Productivity. • Researchers who combine research and university-industry relation activities obtain compared with those members who concentrate only on research (Manjarrés et al., 2008): • Higher scientific productivity • Achieve higher status within their institutions • Better opportunity to access state-of the art equipment, artifacts and data to carry on their projects.

17. Funding

18. Funding

19. Legitimacy • Development of mutual trust between HEI&SME, • The enhancement of research institutions research activities. • Gaining status and prestige, resulting from successful partnerships and products. • The enhancement of research institutions teaching activities. The main indirect benefits for legitimacy (European Commission: “Improving knowledge transfer between research Institutions and Industry across Europe”):

20. Legitimacy • Attracting, retaining and motivating good scientists interested in entrepreneurial aspects or in new professional career opportunities. • Contributing to public authorities better recognising the socio-economic relevance of publicly-funded research, potentially leading to increased funding thereof. • Facilitating exchanges of staff between the research institutions and industry The main indirect benefits for legitimacy (European Commission: “Improving knowledge transfer between research Institutions and Industry across Europe”):

21. Legitimacy • Faculty who receives industry support are more likely to report that their choice of research topic is influenced by the project’s commercial potential (Blumethal et al., 1996) • HEI active in “knowledge sharing” (highly valued and supported) • Positive recognition and vision of HEI as part of the “solution” • HEI as a symbol of public institution willing be a part of innovate culture. • The market and more importantly the community are more likely to consider HEI because of their involvement with other organizations.

22. Funding • Government funding is declining. • Rise in competitive external funding. • Diversify funding base. • Income generation via consultancy, services, commercialization, IP. • Investment strategies.

23. Funding • The European Social Fund: • Through European frameworks programmed is indented to encourage innovation. • The Framework Programmes also funds the intersectional mobility of research staff, including university-industry exchanges. • Increased emphasis on strengthening research and innovation, particularly through knowledge transfer.

24. Funding • New Competitive and Innovations Programs • Complementing their own academic research by securing funds for graduate students and lab equipment (Yong S. Lee 200) • Desire of acquiring additional resources, relevant to choose the intensity of collaboration (Tartari and Breschi, 2009) • Fiscal budgets constraints encourage HIE to move towards more competitive funding sources (Geuna and Nesta, 2006) • Will support all forms of innovation, public-private partnerships and measures to improve access to finance.

25. Conclusions

26. Conclusions

27. Bibliography • Blumethal D., Campbell E.G., Causiano N., Luois K.S. (1996), “Participation of life science faculty in research relationships with industry” The New England Journal of Medicine, Vol 335, No.23,pp.1734-1739 • European Commission: “Improving knowledge transfer between research Institutions and Industry across Europe” • Genua A. Nesta L.J.J. (2006), University patenting and its effects on academic research: the emerging European evidence”, Research Policy, 35,790-807 • ManjarrésL., Gutierrez A., Vega J. (2008), “Coexistence of university-industry relations and academic research: Barrier to incentive for scientific production”. Scientometrics, Vol. 76, No. 3 (2008) 561-576 • Tartari V., Breschi S. (2009), “Set them free: scientists’ perception of benefits and cost of university-industry research collaboration.”, CBS – Copenhagen Business School Summer Conference. • Yong S. Lee. The Sustainability of University-Industry Research Collaboration: An Empirical Assessment