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Innovation, Creativity, and Capital (IC2)
Robert A. Peterson Associate Vice President for Research Marco Bravo Project Director The University of Texas at Austin February 21, 2012 1
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VPR Technology Transfer and Commercialization
UT Austin VP for Research IC2 Institute OSP OIE OTC Other
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IC2 Institute Infrastructure
CETC CGIE ATI ATI BBR GCG TechBA
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Institute Central Korea CGIE IC2 Institute CETC ATI, GCG, TechBA
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More than 4 Decades of Activity
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Commercialization/Tech Transfer Programs (Past, Present, and Future)
- India - Korea - Chile - Malaysia - Mexico - Hungary - Tunisia - Armenia - Poland - Kuwait - Egypt - Colombia - Turkey - Jordan - Qatar - Japan - Malta - Abu Dhabi - Puerto Rico - Canada - Russia - Portugal - Canary Islands - Kazakhstan
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Case Study
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TECH COMMERCIALIZATION
R&D TECH COMMERCIALIZATION DIGITAL MEDIA MATHEMATICS ADVANCED COMPUTING UTEN 8
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Provide training through real-life commercialization experiences
Development of a globally competitive and sustainable commercialization infrastructure Facilitate networking among researchers, TTO’s, entrepreneurs, commercialization experts, angels/VCs, and academic leaders Provide training through real-life commercialization experiences Offer U.S. market soft-landing and promote business development activities for Portuguese university-based startups 9
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Building on the existing network
All public universities involved, as well as those of leading Science Parks, Incubators, Polytechnic Schools and Research Laboratories 30+ UTEN Network members
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Main activities and reporting
Training/networking events International internships Access to global markets (startups)
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UTEN overall impact (2007-2010)
50+ specialized training and networking events (1500+ participants) 30+ internships in Texas 100+ startups assessed 49% increase of invention disclosures within universities 1,900% increase of provisional patents from universities 19.6% increase of patents granted/year 26% increase of university executed licenses and agreements/year 137% increase license income at universities 132% increase on new academic spinoffs Academic startups: 127% annual growth rate in revenue; 37% of startups export products; 38% annual growth rate in hiring Source: UTEN annual report 2010/2011
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Case study #1 Commercialization achievements: 86 prospects identified
Marlos Silva (UAveiro) Commercialization achievements: 86 prospects identified 15 expressed interest 6 negotiations initiated 3 licensing deals in progress Internship (July-October 2009): UT Austin’s OTC Emergent Technologies, life sciences-based venture firm Day-to-day OTC operations at UT Austin’s OTC + commercialization of Portuguese technologies in the U.S. market.
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Case study #2 Commercialization achievements:
Multiple deals in progress US incorporation (Texas-based company) Incubation/acceleration at ATI Software startup specialized in the processing of big data in real time
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Initiation brainstorms with students
Case study #3 Initiation brainstorms with students Increase awareness and excitement for both graduate and undergraduate students regarding technology-based entrepreneurship and the creation of new ventures 15
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”Знание не имеет никакого значения, если вы положите ее на практике”
More than one century ago Anton Chekhov wrote that “Knowledge is of no value unless you put it into practice”. At UT Austin we very much believe in the valorization of knowledge and particularly at the IC2 Institute have been walking this talk all over the world. I would just like to express our willingness to share lessons learned from our global experience on technology commercialiation and contribute to the overal success of SkTech. “Knowledge is of no value unless you put it into practice” Anton Chekhov, Three Sisters Russian playwright and master of the modern short story,
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THANK YOU!
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