Craig Nessler (Bill McCutchen)

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Presentation transcript:

Craig Nessler (Bill McCutchen) Structure of Public/Private Programs Craig Nessler (Bill McCutchen) March 2010

Corporate Motivation Corporations are seeking strategic opportunities to enhance/optimize their research capabilities in a very challenging economic environment. Funding for sponsored research with corporate partners provides opportunities to expand R&D programs. Major national universities (including Texas A&M) are positioning themselves to compete in this environment. Improving Life through Science and Technology

Why Public/Private Engagement Extends and enhances funding resources Expands circle of professional contacts Facilitates exchange of personnel Enhances IP development Provides opportunity for student development and placement Improving Life through Science and Technology

The Objectives Systems oriented research (holistic, team, multiple location) is critical. Intellectual property development, disclosure, protection, and commercialization is essential to partner with corporations. Organizations who are responsive, nimble, and visible will prevail. Improving Life through Science and Technology

The Issues Public (land grant) universities have experienced declining state support for their programs. Now less than 40%! This means other sources of support are needed to maintain (or grow) programs. In the future, those sources may include: IP royalties, corporate funds, federal funds, foundation funds. ie University researchers no longer have the luxury of giving away IP!! Improving Life through Science and Technology

Project Funding Flow Foundations Corporate Federal State Grants Appropriations Federal Grants University Intramural Improving Life through Science and Technology

Why IP Protection is Important Provides protection for scientific research Demonstrates diligence Offers an opportunity for royalty flow back to the researcher and program It is the Law: FY 2010-2011 Appropriations Bill CSHB 1 Article IX, Sec. 6.14. Research Policy. (a) An agency may not expend any funds appropriated by this Act for research projects of any type until the agency has adopted and filed with the Legislative Budget Board a policy that clearly establishes and protects the property rights of the state with regard to any patentable product, process, or idea that might result from such research. Improving Life through Science and Technology

The Process Cont. Prepare executive summary (5 pages!) Review executive summaries with corporation and discuss path forward Prepare full proposal Negotiate a master agreement Initiate project with project management coordination Progress meetings (monthly/quarterly conference calls RESULTS - - Reports, Disclosures, Commercialization Improving Life through Science and Technology

Thank YOU! ? Improving Life through Science and Technology