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Universities as a Small Business Technology Partner (Making Technology Happen). Dr Brian Mergelas President and CEO The Pressure Pipe Inspection Company. Outline. Life before PPIC What do we do? History of collaboration (Queen’s University) Observations. Life Before PPIC. Pipetronix XHR. - PowerPoint PPT Presentation
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Universities as a Small Business Technology Partner (Making Technology Happen)Dr Brian MergelasPresident and CEOThe Pressure Pipe Inspection Company
OutlineLife before PPICWhat do we do? History of collaboration (Queens University)Observations
Life Before PPIC
Pipetronix XHRNeed a willing partner
PPICs Impact on the Water Sector
PPIC Services10th anniversary50 Employees in Mississauga, Phoenix, Dallas, Atlanta
ReservoirSurface WaterWater TreatmentWell FieldPPIC
RFTC Inspection of PCCP
Strategic Pipeline MonitoringVarious Sensor TypesDetects active deterioration (PCCP)Third Party DamagePossibly leaks
HIGH RISK areas
History of Technology Partnership between Queens and PPIC Industry Identified ProblemStart Up of PPICFunding of Research CollaborationResearch Projects
Start UpQueens/ Atherton (right of first refusal)PatentEquity PositionLicenses agreement (Atherton; Queens)
Funding of ResearchNSERC (Strategic/ CRD)AWWARFPrecarn; SDTCIn kind Support (PPIC and Partners)
In general its about leverageWe dont have the money our clients do
CollaborationEquipment; personnelTransfer of people to PPICEngineering Thesis topicsReal World ProblemsScholarshipPapers
Research ProjectsQueensFinite Element AnalysisCoupled Circuit AnalysisTechnology limitationsElectrolytic SimulationsPPICData AnalysisPipe Specific ConsiderationsUncertainty/ AccuracyInstrumentation and Delivery Systems
Myths about Technology Transfer
There is a big difference between a good idea and a businessSalesMarketingOperations ProductionDistribution/DeliveryHuman ResourcesFinance
The Innovation Chain
Choices for a University ProfessorResearch for research sakeWork with industry partner to research interesting real world problemsStart a business to commercialize idea(s) big slice of a small piePartner to see some rewards for innovation small slice of a big pie
My Thoughts on Technology TransferMostly peopleEmployeesAdvisoryExchangesStartups (intimate) vs licenses (less so)Real World Problems vs. Fundamental Research
Other Examples of Technology Transfer in ActionRyersonPenn StateUniversity of AlbertaUniversity of TorontoWaterloo (CATT)University of Arlington
Summary Observations
Theres a big difference between and clever idea and a businessWe dont have the money, our clients doTechnology transfer is mostly about people NOT technologyWin-win-win means the professor benefits; the university benefits and the company benefits
Thank You