Why Commercialize Intellectual Property And Technology? Looking at the Larger Picture

Why Commercialize Intellectual Property And Technology? Looking at the Larger Picture Yalcin Suer February 3, 2005

Look around! If you have a home-grown tool or technology that you think is useful to you, Then it probably is useful to other institutions too! Why Licensing?

Make Buy Develop License Every Institution Develops and/or Acquires Tools and Technology Expensive And Risky Quick And Less Costly

Seneca is one of the leading, if not the first College that is working on commercializing its technology, know-how and intellectual property Technology Licensing Inc. is proud to support Seneca in its efforts Seneca is Again Leading

Some Seneca Projects On The Go • Research Success • Transcript Processing Client Software • Content and System for CSIC • Many others under development

Premier of Ontario Dalton McGuinty (October6, 2004 ) “To bring advances to market, last year's Budget committed $27 million over four years to establish a new Ontario Research Commercialization Program, to test, prototype and turn new ideas into commercial reality.” Ontario Government Supporting Commercialization

Federal Budget 2004 "Canada is developing an environment in which ideas flowing from scientific discovery are being generated at an unprecedented rate. Now we must focus on bringing these ideas to market; to realizing their commercial potential. That is what will drive our economy forward, increasing investment and employment.“ “This budget adds $50 million over five years to improve the capacity forcommercialization.” Ralph Goodale, Minister of Finance Federal Government Supporting Commercialization

Commercialization at U.S. Educational Institutions • The top earners in 2002: • Columbia University $156 million • University of California $ 82 million • New York University $ 63 million • Revenue generated from licensing reached $1.3 billion in 2002 from $699 million five years earlier.

Licensing of Intellectual Property in U.S. 110 15

Canadian Institutions: Licenses Executed* * AUTM Study

Canadian Institutions: Licensing Income* * AUTM Study

Canadian Institutions: U.S. Patents Filed/Granted* * AUTM Study

Job Creation Through Commercialization • 493 companies spun out of Canadian Institutions operational end FY 2002 • All are located in the same Province • Of the 3870 companies spun out of US and Canadian Institutions since 1980, 65% of these are still in operation

Commercialization Through Licensing Licensor • License • Technology • Potentially people Licensee Product / Service Development Sales • License Fee • Royalty Market Revenue

Licensing Process Tax Revenue IPR Donation Qualification Develop exploitation theory and team Incubation Market test exploitation theory Commercial- ization Candidate technologies Execute license agreements License Management Manage rights and obligations, track market Awards Program Executive Sponsorship Licensing Facilitators

What Colleges Can Do! Community Business Community College TTO License Job creation Education and Training Spin-out

How to Start! • Carry out intellectual property audit: • Document what exists • Determine what can be licensed • Consider an Innovation Audit: • Enhancers to innovation • Inhibitors of innovation • Set up a Technology Commercialization Centre

Thank You! Yalcin Suer, M.Sc. EE Technology Licensing Inc. (416) 420 8180 ysuer@technologylicensing.biz www.technologylicensing.biz

Why Commercialize Intellectual Property And Technology? Looking at the Larger Picture