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Our Message for you:

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Academics/Researchers

 

Invention is the core activity of Research professionals, and the immediate outcome is intellectual property (IP) that is typically owned by their sponsoring Institution and / or Employer. The Commercialisation process works by taking IP that is essentially secret, protecting it in various ways, and finding business and financial partners who recognise the opportunity to build business activity around that IP. As the Inventor, you stand to benefit (in any of several ways) including from any business income that is generated involving your work.

When you have invented something, play your cards carefully. Get in touch immediately with your Institution's 'Commercialisation' (or 'Technology transfer') Office. They will set you on the path to ensure that the IP you have created is managed to the benefit of yourself and your Institution. Typically, outcomes of the process are the formation of licence deals, and the creation of spin out companies.

In our experience, academics become quite adept over a reasonable period, at juggling the academic pressures of teaching, research and commercialisation. However, academics are not usually experienced in the day-to-day management of the specific steps in the commercialisation process.

These include:

  • obtaining an immediate expert evaluation of the commercial potential of their IP.
  • managing the dynamic process that starts with IP protection (with short term secrecy) and ends with IP protection and publication.
  • developing a practical commercialisation PLAN.
  • identifying the milestones of that plan, including seed-corn funding, for eg: to develop academic propositions for commercial demonstration.
  • securing profitable outcomes via the creation and successful execution of licences and spin-outs.

Science Ventures can help to advance your project (see our 5-star process). We have worked with hundreds of academics and have launched substantial licence deals and spin out companies (see our track record link on the home page.). We work with academics who wish to take a very active part in the process, and with others who wish us to lead it for them.

We are thorough, enterprising, straight-talking and maintain high standards of integrity. If you feel that we might work well together in Commercialising your particular technology, then we suggest that you speak with your Commercialisation Office and please do get in touch with us.


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