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NovaUCD The Innovation and Technology Transfer Centre KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director NovaUCD

KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director NovaUCD

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KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director NovaUCD. Building a Knowledge Economy. Rapid economic growth – mainly driven by foreign investment – Tax, Labour relations, Educated workforce etc - PowerPoint PPT Presentation

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Page 1: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

KT Scotland Policy and Practice

Innovation Initiatives in Response to Economic Downturn in Ireland

22 April 2010Dr Pat Frain, Director NovaUCD

Page 2: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Building a Knowledge Economy

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0.38

0.4

1998 2000 2002 2004 2006 2008

Year

Hig

her e

duca

tion

rese

arch

and

dev

elop

men

t as

a %

of G

DP

OECD

EU27

Ireland

• Rapid economic growth – mainly driven by foreign investment – Tax, Labour relations, Educated workforce

etc• Competition from low cost countries – Investment in

University R&D for development of knowledge based economy• HE spend on R&D has quadrupled in 10 years and is now in

line with EU and OECD average

Page 3: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Funding Collaborative Research and Knowledge Transfer

• Public Investment in University R&D – PRTLI, SFI • SFI – CSETs, SRCs

• EI – Innovation Partnerships, commercialisation grants, incubation facilities, TTSI, competence Centres, Vouchers

• SSTI - €30 M to strengthen University TTOs

• TT Project Managers• Legal and other operational costs• Patenting

SFI – Science Foundation Ireland EI – Enterprise IrelandPRTLI – Programme for Research in Third Level Institutions CSETS – Centres for Science Engineering and Technology SRCs – Strategic Research ClustersSSTI – Strategy for Science Technology and Innovation

Page 4: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

NovaUCD• University Industry Programme at UCD 1988 - 2003

• NovaUCD launched in 2003 – purpose built centre - supportive environment - incubation facilities to assist innovators and entrepreneurs

• Vision: an international leader in the commercialisation of research and knowledge for the benefit of economy and society

• Investment: €11 million by public/private partnership

• Comprehensive KT support Programme

Page 5: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

NovaUCD Innovation Income Contribution to Economy

• NovaUCD income for innovation €21.5 M• Over $200 M in investment and realisations in UCD companies• 800 jobs created by CCDP promoters

• 28 companies currently located in NovaUCD have 70 employees - 34 new jobs in 2010

Since 2003• 50 companies located in NovaUCD Units (33% spin-out)• 50 projects availed of desk space • 70 projects completed CCDP

Page 6: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Inventions/Patents 2005-2009

0102030405060708090

2005 2006 2007 2008 2009

No. of d

isclos

ures

Year

UCD Invention Disclosures(2005 - 2009)

0

10

20

30

40

50

2005 2006 2007 2008 2009

No. Patent Filings

Year

UCD Patent Filings(2005-2009)

National

PCT

Priority

Page 7: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Comparisons with US/UK Metrics

UCD 2009

UCD 2009€m Research income per metric

USA 2008€ m Research per metric

UK 07/08€m Research per metric

Invention disclosure

85 1.07 1.84 1.76

Priority patent application

25 3.66 1.96 3.36

Licence agreements

15 6.10 7.30 3.70

Spin-outs 7 13.09 62.24 29.1

Research income

91.6

Page 8: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Economic Downturn • R&D Funding – SFI and EI limited budget cuts - EI focus on

industry led activities, Innovation Partnerships, competence Centres, Vouchers

• TTSI Funding - Development of TT profession – uncertainty due to short-term contracts

• Other TT Funding • Patent funding reduced to 75%• No Commercialisation Grants (Proof of concept,

Technology Dev.)• Shortage of seed funding for start-ups – current VC

funding is focused on development funding• No commitment to fund Wet Lab Space

Page 9: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Innovation Initiatives in Response to Economic Downturn

National Initiatives

• Innovation Task Force – March 2009

• Review of Supports for Exploitation of IP from HE Research (To be published in May)

University Initiatives

• University Alliances

• Training

Page 10: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Innovation Task Force March 2009“Building the innovative or “ideas” component of the economythrough the utilisation of human capital – the knowledge, skills and creativity of people – and the ability and effectiveness of that human capital to translate ideas into valuable processes, products and services”

Ecosystem to increase job creation and start-ups:• Entrepreneurs and enterprises• Investment in R&D• Education system, particularly HE• Finance, in particular risk capital• The tax and regulatory environment• Public policy and institutions

Page 11: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Innovation Task Force – Key KT Recommendations

• Update SSTI 2014-2020 to R&D spend of 3% of GDP

• More effective and efficient approach to identifying and accessing IP from publicly funded research

• Increase support for start-ups and scaling

• Develop high quality physical infrastructure

• Develop role of education in innovation

Page 12: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Review of Supports for Exploitation of IP from HE Research – May 2010

Objective Determine to what extent the current national IP arrangements

for publicly-funded research are suitable and effective. Some issues addressed include:

• Strengthening of National Policy and Guidelines

• Appropriateness of existing TT support measures including decentralisation, power of TTO to close deals, clarification of agency approaches, etc

• TTO commercialisation strategies, targets/metrics etc

Page 13: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Alliances and Training

• Alliances under development UCD/TCD, UL/NUIG, DCU/RCSI/NUIM

• Training – wide range of courses for unemployed for individuals and companies (Entrepreneurship, ICT, etc)

Page 14: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

UCD-TCD Innovation Alliance Vision / Mission Partnerships between UCD-TCD, government agencies, the

business sector and the national/international venture capital community to form a world class innovation and enterprise ecosystem.

Facilitate the creation of sustainable jobs in next 10 years by:• Training future innovators & entrepreneurs• Creating new spin-out companies• Development of new Irish and international spin-in companies• Supporting the recruiting new FDI while sustaining existing MNCs • Supporting indigenous Irish knowledge and technology based

SMEs and large enterprises

Page 15: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Alliance Programmes

• Innovation Academy / Modules / Projects

• Innovation Laboratory / Space / Tools / Environment

• NovaUCD and Joint Venture

• IP management / TT / Seed funding

Page 16: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Challenges for TTO• Decreasing resources

• Pressure to demonstrate return on investment in R&D – managing expectations - impact on economy

• Negotiating IP agreements for collaborative research – Increasing effectiveness of strategic partnerships - partnerships vs. start-ups

• Achieving consistency in government strategies (Conflicting objectives, State Aid, rates, charitable status)

• Aligning KT strategies of Senior management and TTO

Page 17: KT Scotland Policy and Practice Innovation Initiatives in Response to Economic Downturn in Ireland 22 April 2010 Dr Pat Frain, Director  NovaUCD

NovaUCD The Innovation and Technology Transfer Centre

Thank YouDr Pat Frain, e: [email protected] t: 00-353-1- 716 3710

w: www.ucd.ie/nova