ORCA Spring Meeting Tuesday, May 9, 2017 9:30am to 4:00pm at Ryerson's TRSM Commons (1-148 & 1-150) 55 Dundas Street West.

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Presentation transcript:

ORCA Spring Meeting Tuesday, May 9, 2017 9:30am to 4:00pm at Ryerson's TRSM Commons (1-148 & 1-150) 55 Dundas Street West

How to encourage faculty to identify IP and research with commercialization in mind Moderator: Oksana Akhova

Agenda Drawbacks of commercialization Incentives for the inventors Changing the mindset Successful “transformational” stories and recommendations “Business has only two functions — marketing and innovation.” – Milan Kundera

Drawbacks for faculty Time “Not honorable” business Patents create obstacles Not a priority IP policies Revenue distribution

Incentives for faculty Recognition: peer and monetary Credibility Fame Opportunity Connections Student engagement Funding

Changing the mindset Ensure academic freedom Introducing to the ecosystem/stakeholders Making academic and business connections Introduction to the business community Support from the tech transfer office Align IP policies

Successful “transformational” stories and recommendations