1 / 46

Technology Transfer from the University of Oxford

Technology Transfer from the University of Oxford. Las Relaciones Universidad – Empresas: Un Nuevo Paradigma. Knowledge Based Economy. Every country in the world wishes to develop the Knowledge Based Economy.  The question is asked: Where is the Knowledge? 

renee
Download Presentation

Technology Transfer from the University of Oxford

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. Technology Transfer from the University of Oxford

  2. Las Relaciones Universidad – Empresas:Un Nuevo Paradigma

  3. Knowledge Based Economy • Every country in the world wishes to develop the Knowledge Based Economy.  • The question is asked: • Where is the Knowledge?  • And the answer in part is inside the universities, and research institutes, and hospitals.  • And the question then becomes: • How do we transfer the knowledge out from the research base into industry to create innovation? 

  4. Towers

  5. Making Connections & Doing Business University technology transfer resource Industry, Business & Professional environment University entrepreneurial culture

  6. Chalk and Cheese • Universities and Businesses are very different • A university is not trying to be like a company • A company is not trying to be like a university • Why should Universities want to engage with Businesses? • Why should Business want to engage with University?

  7. University & Business Interactions • Educated workforce • Advisory Boards • Lectures • Exchanges • Collaborative Research • Contract Research • Donations • Consulting • Licensing technology • Spin-out company formation • Entrepreneurship

  8. Oxford University Oxford University is the oldest university in the English-speaking world (founded c.1188) A leader in learning, teaching and research 26 British Prime Ministers educated at Oxford Including current Prime Minister David Cameron Royal Society founded from Oxford in 1640 47 Nobel prize winners

  9. Isis Innovation Ltd A profitable company 100% owned by the University of Oxford Oxford Technology TransferIP, Patents, Licences, Spin-outs, Material Sales, Outcome Questionnaires, Seed Funds, Isis Angels Network, Isis Software Incubator, Oxford University Hospitals NHS Trust Oxford ExpertiseConsulting, Services Isis Consulting Business Technology Transfer and Innovation Management @isisinnovation

  10. Isis Innovation, year-ending March 2013

  11. Isis Innovation, year-ending March 2013

  12. Isis helps researchers who wish to commercialise the results of their research

  13. Isis Innovation Team Oxford University Consulting(7) Andrew Goff Project Managers Susan Clark Gurinder Punn Dr Josef Walker Kerry Antcliffe Administrators Magda Bezdekova Selina Woodcock Managing Director Tom Hockaday Business Support (18) Central Administration Jenny Bailey Philip Priest Nissar Mohammed Ricky Allain Isabel Lavis HR Carolyn Hall Alex Allan Viv Parry Marketing Simon Gray Renate Krelle Dr Chandra Ramanujan Dr Fiona Story Barney Cullum Finance Janeen Wilson Gemma Allnutt Amanda Thornton Legal Paresh Jasani Technology Transfer Group (38) Linda Naylor Technology Transfer Teams Dr Adam Stoten Dr Carolyn Porter Dr Alex Marshall Dr Christine Whyte Dr Ruth Barrett Dr Richard Reschen Dr Louis Pymar Dr Paul Ashley Dr Angela Calvert Andy Self Dr Sarah Deakin Dr Matthew Carpenter Dr Nikolaos Chalkias Dr Brijesh Roy Medical Sciences Dr Linda Maxwell Evert Geurtsen Rakesh Roshan Dr Jon Carr Dr Bharti RanavayaDr Andy Robertson Dr Andrew Bowen Dr Richard Holliday Chim Chu Dr Fred Kemp Dr Mark Gostock Dr Weng Sie Wong Team Leader Vacancy Dr David Churchman Dr Jamie Ferguson Roy Azoulay Dr Manjari Chandran-Ramesh Isis Enterprise (24) Consultants Dr David Baghurst (Hong Kong) Ya-hsin Shen (Hong Kong) Dr Jimmy Wang (Hong Kong) Dr Wenming Ji Renchen Liu Kenji Aiba (AC-Japan) Xiaowei Hu (AC-China) Dr Costas Chryssou Dr Sarah BondDr Andrew BarberDr Mireya McKeeDr Steve Cleverley Elena Andonova Dr Alexandra Bush Dr Sarah Macnaughton Gaurav Misra Bruno ReynoldsEva Baltar, Manuel Fuertes (AC-Spain) Dr Tim Hart (AC-UK) Dr Chris Moody Dr Salvador Venegas (AC-Mexico) Operations Shelagh Harrison, Chloë Cairns Operations Patent & Licence Dr Mairi Gibbs Steven Bayliss Zuzana Weberova Seed Investment Kate Spanchak Andrea Alunni Administration Kristin Hayes Staff & Associates: 87 MBAs: 14 PhDs: 40

  14. Isis Innovation Staff Acting as Multi-dimensional Intermediaries Investor axis £ -> £££ 3D – Spin-out Academic axis £ -> Research 2D – Licence, Consulting Commercial axis Research -> £

  15. Intermediaries – 4th Dimension Intermediaries - International

  16. Intermediaries – 4th Dimension

  17. Isis Impacts • The impact of Isis activities is seen through the take-up of new technologies and ideas that form the basis for new products and services.

  18. Publications Isis E-News & IAN E-News Chinese Isis E-News Isis on Twitter LinkedIn Facebook @isisinnovation

  19. Oxford University Technology Spin-outs (post 2000) TT * Stock exchange listing Total external investment to date in 68 spin-outs since 2000: £506m £46m 1st round Seed/Business Angels – £460m follow-on Investment Capital

  20. Founder Researchers Shareholder, Director, Consultant I N V E S T M E N T Shareholders Isis - licence, University shareholding, director (OSEM) Isis Technology Transfer Manager Investor (1) Investor (2) ? Shareholder, Director Manager (1) Manager (2)? CEO, Shareholder Lawyers Lawyers Advisers Accountants Accountants Bankers Bankers Time Spin-outs – The Players TT

  21. Investment Sources Oxford University Challenge Seed Fund Launched with £4m in 1999 University provided £1m; HM Treasury, Wellcome, Gatsby £3m £5.7m invested in 102 projects – development, seed equity Resulting in Equity stakes in 31 spin-outs, 4 completed licensing deals & 33 active technology projects. These 31 spin-outs have attracted £80m seed/venture investment Oxford Invention Fund Donations to the University of Oxford as part of Oxford Thinking, the University’s overall fund raising Campaign Invest in development of new technologies and innovation from Oxford Isis Angels Network Business Angels, Seed/Venture Capital 100 members Events, No Charges

  22. Isis Software Incubator, established in 2010 • Support for early-stage software ventures from Oxford University • Assists the creation and development of a software business opportunity, whether or not a company has yet been incorporated • Isis provides commercial mentoring, negotiation support, services, desk space, access to business networks • Projects that have a credible business concept and need: • Substantial work to develop IP and build a realistic commercial prospect • With entrepreneurial founders • But do not need patents, investors, full-time management

  23. Investment Gap

  24. Piers & Bridges Business is over here !

  25. Building Bridges

  26. Vision for Isis • From Oxford and elsewhere • Successful exploitation of new ideas • Health & Wealth of Society • Technology • Innovation • For People

  27. Conclusions – How Isis Works Universities Technology Transfer is a good thing Part of University purpose; may make money for University and researchers It does not happen on its own You need to invest resources in People, Patent budget, Proof-of-Concept You need a policy framework Who owns the inventions; who shares the rewards It takes a long time … So start and do not stop. Business Access to technologies, resources and expertise Help understand universities Help your business innovate Investors Source of investment opportunities Home for entrepreneurs Government Stimulates innovation and enterprise Improves society

  28. Elements

  29. Elements Research Base Universities Research Institutes Research Hospitals Business Industry Finance Commerce Government Tax Grants

  30. Elements – Research Base Supportive Vice-Chancellor, Rector, Provost, Director & Senior Researchers Research Activity High volume & quality Researcher engagement University Policies IP Ownership / Revenue sharing / Spin-outs Disputes Research Services Office Manage relationship with Research funders Access to Proof of Concept / Seed funds To accelerate technology transfer Technology Transfer Office Adequately resourced • Leadership • Stories • Resources • Policy • Patent Budget • People • Proof of Concept

  31. Nothing beats a good story

  32. Publications Isis E-News & IAN E-News Chinese Isis E-News Isis on Twitter LinkedIn Facebook @isisinnovation

  33. Elements – Business & Finance Business Networks Innovative Technology companies As Licensees Business Angels Seed & Venture Capital Entrepreneurs Professional Advisers Banks / Accountants / Lawyers / Property

  34. Innovation Funnel Professor Henry Chesbrough Open Innovation: The New Imperative for Creating and Profiting from Technology (HBS Press, 2003).

  35. Oxford incubators & science parks Begbroke Science Park Isis Software Incubator Oxford Entrepreneurs Incubator Oxford Centre for Innovation Oxford Magnet Oxford Low Carbon Hub Oxford BioEscalator Harwell - European Space Agency's Business Incubation Centre   Oxford Hub Science Vale Enterprise Zone Oxford Science Park Milton Park Source: Google Maps

  36. Oxford Science Parks

  37. Oxford Entrepreneurs Incubation Centre

  38. Elements - Government Tax incentives SME Benefits CGT & Income Tax Tax credits & Tax relief ‘Patent Box’ Grant programmes Technology Transfer capacity, proof-of-concept Businesses Legislative framework Intellectual Property Company law Public procurement Support & Clarity & Consistency

  39. Elements – A fourth area ? Non Governmental Organisations Charities Foundations Not-for-Profits Social Enterprise

  40. Elements Research Base Universities Research Institutes Research Hospitals Business Industry Finance Commerce Government Tax Grants

  41. Elements Research Base Business Government

  42. The Innovation System Start-ups Angel Investors Accountants Journalists Angel Networks ‘City deal’ Technology companies Government Labs University Researchers Recruitment, head-hunters Bankers Students Lawyers Science Parks Incubators Other universities Local Enterprise Partnership Hospitals Investment Funds Business networks Industry Local Government Public Relations Research Institutes Technology Transfer organisations Commercial property managers Members of Parliament Business Consultants

  43. [Isis] helps researchers- and students - who wish to commercialise the results of their research

  44. Themes … • Impact • Change • Benefits • Academic view of relationships with industry • TT is smaller part of a bigger picture • Specialisation • Vanity subjects … ? • Convergence • Technology Transfer • Entrepreneurship – Social & Business • Distributed • Young people

  45. www.isis-innovation.com Isis Innovation Ltd, Ewert House, Ewert Place, Summertown, Oxford OX2 7SG T 01865 280830 F 01865 280831 E innovation@isis.ox.ac.uk Register to receive Isis E-News at: www.isis-innovation.com/news/enews Follow us @IsisInnovation

More Related