1 / 17

Invention and Innovation

WIPO/INN/MCT/04/3 WIPO NATIONAL WORKSHOP ON INNOVATION SUPPORT SERVICES AND THEIR MANAGEMENT M uscat, April 20, 2004 DEVELOPMENT OF AN INNOVATION CENTER presented by the International Bureau of the World Intellectual Property Organization (WIPO). Invention and Innovation. Invention Innovation

marlod
Download Presentation

Invention and Innovation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WIPO/INN/MCT/04/3WIPO NATIONAL WORKSHOP ON INNOVATION SUPPORT SERVICES AND THEIR MANAGEMENTMuscat, April 20, 2004DEVELOPMENT OF AN INNOVATIONCENTERpresented by the International Bureau of theWorld Intellectual Property Organization (WIPO)

  2. Invention and Innovation • Invention • Innovation • Key actors in the innovation process: • inventors and innovators • entrepreneurs • R&D organizations • innovative companies 2

  3. Innovation Support Services -Are They Necessary? • Invention and innovation = engines of growth and development • Innovations do not happen = they are planned and developed • Longer period for development and marketing • Need for initial support and resources 3

  4. Government Support is Justified • Many governments support innovation public services, financing, tax breaks • Private sector = limited support, expecting short term returns • Innovation support = long term, strategic investment, same as funding for R&D activities • Innovation support = public service, similar to health care and education 4

  5. Designing an Innovation Support Service Main Objectives: • Promote innovation and knowledge based • sustainable development • Stimulate use and application of national knowledge and innovation potential • Encourage employment through creativity and • entrepreneurship 5

  6. Designing an Innovation Support Service Main Actions: • Selection and information • Assistance / advise / coaching • Education and awareness building 6

  7. Designing an InnovationSupport Service Activities: • Receiving and screening innovative projects • Assess success potential • Support promising projects • Promote awareness 7

  8. Designing an InnovationSupport Service Activities: • Maximize the number of routinely processed inventions/projects • Assist development and packaging of promising inventions / projects • Attract resources for promising projects • Educate inventors / innovators on the innovation process and management 8

  9. Creating an Innovation Center Feasibility Study • Existing innovation and invention potential • Sources of invention and innovation • The major fields of technology • The existing expertise • The legal and financial framework • Government policies and support for innovation • Intellectual property system • Beneficiaries (SMEs, R&D organizations, etc.) • Economic and financial environment for enterprise creation and support for public sector R&D 9

  10. Creating an Innovation Center Strategic Decisions: • Define objectives • Identify field of technology • Identify general manager / innovation champion • Identify participants / stakeholders • private sector, government agencies, financial institutions, universities, R&D organizations • Select board members • Define scope of activities and conditions (free or fee based) 10

  11. Creating an Innovation Center Strategic Decisions-Scope of Activities: • Innovation awareness creation and training • Project assessment and report • Project support and business planning • IPR related services • Business promotion and marketing • Strong Internet presence • Company hosting and incubation 11

  12. Creating an Innovation Center Strategic Decisions-Conditions: • Free services, cost-recovery based services or commercial (for profit) services • Limited to specific users or open for all • Participation in innovative companies (minority participation) • Investment (management of innovation support or development fund) 12

  13. Creating an Innovation Center Operational Planning and Implementation: • Recruitment of CEO (General Manager) • Recruitment of Personal Assistant for CEO • Identification of site/premises for offices • Formulate policies and procedures for operations: • initial free consultation (e.g. 1 hr. duration) • further support (e.g. project equity, cost fee) • produce a check-list for assessing submissions • produce a score sheet for project evaluation • Select local advisers / consultants accountants and auditors, legal advisers 13

  14. Creating an Innovation Center Operational Planning and Implementation: • Select project assessment panel • Identify technical experts to assist in project evaluation • Develop and use operational guidelines and model agreements • confidential disclosure agreement • model supply of materials agreement • model consultancy and services agreement • assignment of rights agreement • model R&D, license, and joint venture agreements • Create Internet site • Engagement of business development executives 14

  15. Creating an Innovation Center • Innovation support services to be operated as business companies • Operational funds should be made available for a minimal period of 3 to 5 years • Promising innovation projects to be also considered by government planners • Innovation support services should not be subject to taxation (profit or cooperate tax) • Special attention to intellectual property (IP) matters 15

  16. Conclusions • Innovation Support Services: • Add value to R&D activities • Selection of promising projects • Nursery for new products and technology • Entrepreneurs create the missing link • Government and public authorities create favorable environment 16

  17. Innovation support services help transform ideas and dreams into real action and products Thank you for your attention 17

More Related