Articles
Aligning the stages of the commercialization process
There are many programs that support the drive to bring an innovation to the market. However, there is a clear disconnect between the programs being offered causing a barrier for the commercialization of the product. Often, the focus is placed on government requirements rather than the needs of the market the technology was originally invented for.
Overestimating the importance of licensing in fostering the
University based spin offs are significant economic engines. Spin-off companies are frequently located near their academic homes, creating local wealth, receptor capacity, future employment opportunities and research contracts. Subsequently, the choice of the commercialization path (i.e. licensing, start up or joint venture) needs to be further investigated with regards to the specific technology and its market base considerations.
Creating a New Model for Technology Commercialization in the Canadian Context
In considering different methods of achieving technology commercializing, there is a certain level of disagreement as to the necessary steps needed to reach commercialization. This issue can be addressed by creating a multi stakeholder system where knowledge and information is freely shared in an effort to increase the effectiveness of commercialization activity.
The management of innovative opportunities and selecting a development process can be overwhelming, arbitrary and emotional. Resolving such issues is made possible by introducing a more formalized process, which aligns organizational objectives and increases resources available for selected projects whilst stimulating and encouraging innovation.
The role of Incubators and Contract research Organizations in growing new biotechnology companies
Incubators and accelerators can provide many benefits to both companies they house and the wider community. To maximize the impact of such programs, it is important that their real value added is understood, accessed and measured. The evolution of incubators from multi occupation mixed use buildings to high technology regional accelerators for commercialization is receiving increased attention at all levels of government and academia. The biotechnology industry as a whole is likely to evolve as one of the most significant areas to benefit from renewed interest in fostering incubation activity.
The role of Incubators within a University Environment
With increasing interest in commercialization, there is a need for the university to diversify its resources to better utilize its finances and initiate an implementation process. The creation of an incubator would serve as the entity with the physical presence where commercialization can occur providing an infrastructure where current investments would enhances their long term chances of survival.
How the Inno-Gate System Can Boost Your Rates of Innovation Success
Management decisions on whether to proceed and how to execute a specific innovation strategy can seem arbitrary and emotional. They rely on informal processes and limited feedback. Andrew Maxwell looks at a formalized process to make the innovation process more predictable.
How entrepreneurs-in-residence increase seed investment rates
An exploratory study was conducted to investigate the role of entrepreneurs-in-residence (EIRs) in closing the equity gap created by the lack of venture capital investment in early-stage businesses. EIRs can resolve issues that may preclude venture success by nurturing of trusted relationships with both fund-seeking entrepreneurs and venture capitalists. Subsequently, these EIRs can act as transaction-cost reducers, thus increasing expected return on investments from early-stage ventures.
Technology incubators: facilitating technology transfer or creating regional wealth?
Universities are increasingly under pressure to commercialize their technological innovation and generate revenues to justify ongoing public investment to support that innovation. Most universities respond to this pressure by focusing on licensing patentable technologies. However, as most licensees operate far from the universities, the local economic impact is reduced. We propose an expanded model of knowledge transfer from university research that underscores the importance of creating new ventures and demonstrates how university-based incubators can catalyze knowledge extraction and, as a result, align the goals of regional economic development agencies and universities.