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REINVENTINGRESEARCHCOMMERCIALIZATION
A WORK SHOP S A I N T L OU I S UN I V E R S I T Y S E P T EMB E R 8 , 2 0 1 7
Thisisa'mewhenthevalueproposi'onforbroadlysupporteduniversityresearchhasneverbeen:• Moreclear• Morecompelling• Lessuniversallyunderstood
Andthisisa'mewhenbroadlysupporteduniversityresearchhasneverbeenmoreimportantfor:• Solvingthechallengesofourworld• Thecompe''venessofU.S.industry• Theeconomicvitalityofeachuniversity’sregion• Developingthegloballycompetentci'zensandentrepreneursourstudentswillbecome
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
©GTRC2017
SenateAppropria9onsSubcommi?eeonLabor,HealthandHumanServices,Educa9on,andRelatedAgencies(June22,2017)SENATORLAMARALEXANDER:“THEREISVERYLITTLETHATISHAPPENEDINTECHNOLOGICALCHANGEINOURCOUNTRYSINCEWORLDWARIITHATISNOTHADGOVERNMENTRESEARCHASPARTOFIT.WEARELEADINGTHEWORLDINBIOMEDICALRESEARCHANDWEWANTTOACCELERATETHAT.”
SEN.ALEXANDER:“….$28BILLIONGOESTHROUGH[NIH]TOUNIVERSITIESFORRESEARCH.ISITTRUETHATAROUNDTHESEUNIVERSITIESLIKESTANFORD,UNIVERSITYOFOKLAHOMA,KANSASANDTENNESSEE,GROWCOMPLEXESOFINDUSTRIESATTRACTEDBYTHERESEARCHANDWHOASARESULT,CREATEJOBSAROUNDTHESECENTERSOFRESEARCH?”
FRANCISSCOLLINS,M.D.:“THATISABSOLUTELYTRUE.IFYOULOOKATTHEGEOGRAPHYOFWHERETHOSEPLACESHAVESPRUNGUP,ITISVERYMUCHATTACHEDOFTENTIMESTOAUNIVERSITYTHATISAGENERATOROFINTERESTINGIDEASANDVISIONARYSCIENTISTS.”
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
Advancepromisingresearchmoreeffec'velythroughproofofconcept
Promotemoreac'vefacultyentrepreneurshipandstudentinnova'on
Findnewandsimplerwaystobringresearchresultstomarket
Collaboratemoreproduc'velywithindustrypartners
Formandprovideearlysupportfordynamicstartups
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
FamiliarandImportantThemesforAllResearchUniversi8es
©GTRC2017
ALITTLEABOUTRESEARCHATGEORGIATECH
©GTRC2017
ANDTECHNOLOGYTRANSFERATGEORGIATECH
©GTRC2017
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
©GTRC2017
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
2.IndustryResearchEngagement3.Licensing&NewVentures
1. EntrepreneurshipEduca9on
4.Innova9onNeighborhoods
©GTRC2017
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
Inventors
StudentsEntrepreneurshipEduca9on
NSFI-Corps
InventurePrize
FlashPoint CreateX
GT:IPS™ Start-upSummer
TheIPUniversity
VentureLab&
Incubator(ATDC)
2/3ofinven'onsname1ormore
students
CompanieslookforIPcompetencyinrecruits
©GTRC2017
Op'on GeorgiaTech IowaState NCState PennState Purdue Michigan Minnesota Oregon
basicresearch x x x x x x x xappliedresearch x x x x x x x xuniversitybackgroundIPeligible
x x x x x x x x
industrybackgroundIPeligible
x x x x x x
assignmentofforegroundIP
x x x x x x
exclusivereightstoforgroundIP
x x x x x x x
upfrontpaidforegroundIPlicense
x x x x x x x
foregroundIProyal'es
x x x x x
bonanzaclause x x x xpost-developmentlicense
x x x x
ResearchEngagementwithIndustryNew“Industry-friendly”IntellectualPropertyModelsforResearchContracts
hips://www.uidp.org/
IndustryUniversityResearchEngagement
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
hip://industry.gatech.edu/contract-con'nuum-industry
©GTRC2017
Licensing&NewVenturesTechnologyMatura8on
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
Inven'onDisclosure
Prototype
Development
MarketDiscovery
Commercializa'onPath
FundingforDevelopmentInsidetheUniversity
ProgramsSuchAsI-Corps
©GTRC2017
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
TechnologyTransfer
Licensing
NewVentureForma9on
TechnologyMatura9on
Transla9onalResearch
Transi9ontoLicensableTechnology
EntrepreneurshipEduca9on
Inventors Students
©GTRC2017
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
GeorgiaResearchAlliance
GrowingNewVentures
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
ProjectEngageGeorgiaTech'sTechSquarewillbehometoanewacceleratorandventurefundcalledEngage.
hip://www.news.gatech.edu/2017/01/12/new-way-engage-startups
©GTRC2017
ResearchNeighborhoods
REINVENTINGANDREDISCOVERINGRESEARCHCOMMERCIALIZATION
CompanyInnova9onCenter
StudentInternships&Recrui9ng
FundedResearch&Collabora9on
EngagementwithStart-upCompanies
TechnologyScou9ng
©GTRC2017
Advancepromisingresearchmoreeffec'velythroughproofofconcept
Promotemoreac'vefacultyentrepreneurshipandstudentinnova'on
Findnewandsimplerwaystobringresearchresultstomarket
Collaboratemoreproduc'velywithindustrypartners
Formandprovideearlysupportfordynamicstartups
©GTRC2017
