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Why Commercialize Intellectual Property And Technology? Looking at the Larger Picture Yalcin Suer February 3, 2005. Look around! If you have a home-grown tool or technology that you think is useful to you, Then it probably is useful to other institutions too!. Why Licensing?. Make. - PowerPoint PPT Presentation
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Proprietary and Confidential
Why CommercializeIntellectual Property
And Technology?
Looking at the Larger Picture
Yalcin SuerFebruary 3, 2005
Proprietary and Confidential
Look around! If you have a home-grown tool or technology that you think is useful to you,
Then it probably is useful to other institutions too!
Why Licensing?
Proprietary and Confidential
Make
LicenseDevelop
BuyExpensiveAnd Risky
QuickAndLessCostly
Every InstitutionDevelops and/or Acquires
Tools and Technology
Proprietary and Confidential
Seneca is one of the leading, if not the first College that is working on commercializing its technology, know-how and intellectual property
Technology Licensing Inc. is proud to support Seneca in its efforts
Seneca is Again Leading
Proprietary and Confidential
Research Success
Transcript Processing Client Software
Content and System for CSIC
Many others under development
Some Seneca ProjectsOn The Go
Proprietary and Confidential
Premier of Ontario Dalton McGuinty
(October 6, 2004 )
“To bring advances to market, last year's Budget committed $27 million over four years to establish a new Ontario Research Commercialization Program, to test, prototype and turn new ideas into commercial reality.”
Ontario GovernmentSupporting Commercialization
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Federal Budget 2004"Canada is developing an environment in which ideas flowing from scientific discovery are being generated at an unprecedented rate. Now we must focus on bringing these ideas to market; to realizing their commercial potential. That is what will drive our economy forward, increasing investment and employment.“
“This budget adds $50 million over five years to improve the capacity forcommercialization.” Ralph Goodale, Minister of Finance
Federal GovernmentSupporting Commercialization
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Commercialization at U.S. Educational Institutions
The top earners in 2002:Columbia University $156 millionUniversity of California $ 82 millionNew York University $ 63 million
Revenue generated from licensing reached $1.3 billion in 2002 from $699 million five years earlier.
Proprietary and Confidential
$0
$20
$40
$60
$80
$100
$120
1990 1999
LicensingRevenue(US$B)
15
110
Licensing of Intellectual Property in U.S.
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0
50
100
150
200
250
300
350
400
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Licenses Executed
* AUTM Study
Canadian Institutions:Licenses Executed*
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0
5
10
15
20
25
30
35
40
45
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Licensing Income
* AUTM Study
Canadian Institutions:Licensing Income*
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0
50
100
150
200
250
300
350
400
450
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
US Patents Filed US Patents Issued
* AUTM Study
Canadian Institutions:U.S. Patents Filed/Granted*
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493 companies spun out of Canadian Institutions operational end FY 2002 All are located in the same
Province
Of the 3870 companies spun out of US and Canadian Institutions since 1980, 65% of these are still in operation
Job CreationThrough Commercialization
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Licensor
LicenseeProduct /Service
Development
Market
•License •Technology•Potentially people
Sales
Revenue
•License Fee•Royalty
Commercialization Through Licensing
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QualificationDevelop
exploitation theory and team
LicensingFacilitators
ExecutiveSponsorship
Incubation
Commercial-ization
License Management
Candidatetechnologies
Market test exploitation theory
Executelicense agreements Manage
rights andobligations,track market
IPRDonation
Tax Revenue
AwardsProgram
Licensing Process
Proprietary and Confidential
BusinessCommunity
Spin-outEducation and Training
Community
TTO
What Colleges Can Do!
Job creation
LicenseCollege
Proprietary and Confidential
Carry out intellectual property audit: Document what exists Determine what can be licensed
Consider an Innovation Audit: Enhancers to innovation Inhibitors of innovation
Set up a Technology Commercialization Centre
How to Start!
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Thank You!
Yalcin Suer, M.Sc. EETechnology Licensing Inc.
(416) 420 [email protected]
