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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 on theme: "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."— Presentation transcript:

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

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

3 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

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

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

6 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

7 Successful “transformational” stories and recommendations


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