logging in or signing up Tartu Maitane Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 95 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: October 15, 2007 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript How to promote entrepreneurship and commercialization of research at an old General University? : How to promote entrepreneurship and commercialization of research at an old General University? Lars Jonsson Head of UU Innovation & UUAB Holding Company Uppsala University SwedenOld General Universities: Old General Universities Difficult to grasp Even more difficult to manage Long processes to achieve living policies Strong academic culture It is not noble to commercialize Professor's privilegeUppsala University: Uppsala University 530 years in business… Strong academic traditions Academic research should stand free! Heavily decentralized Strongly divested Theology Space TechnologyNine faculties, Three disciplinary domains: Arts & Social Sciences Nine faculties, Three disciplinary domains Arts Educational Sciences Languages Law Social Sciences Theology Medicine Pharmacy Science and TechnologyProfessor's privilegeA Swedish specialty…: Professor's privilege A Swedish specialty… All results are the researchers private equity The University has no rights Only Sweden; (Italy with some restrictions) Can not use University Money for Patent applications Investments in shares Investments in developing projectsTough odds for patents!: Tough odds for patents! Canadian survey Thomas Asterbot, Univ of Toronto, 2003 1061 out of 1091 failed…. < 7 % reached the market 0,5 % became profitable Research is an investment: Research is an investment Return of investment: Competitive work force Competitive inventions Knowledge based economy Increased welfare A University Innovation System is mandatory to achieve this !Commercialize research: Commercialize research We have a mission to make our research useful to society through commercialization and patents. Anders Hallberg, Vice-Chancellor, Uppsala University, 2006Patents are instruments: Patents are instruments Patents and Knowledge Transfer should not be the goal for a university institution They are tools to establish a relation and enforce the institution!”The Svedberg Group”- the cradle of modern biotechnology industry!: The Svedberg Nobel Laureate 1926 The Ultracentrifuge Arne Tiselius Nobel Laureate 1949 Electrophoresis and Chromatography Gel filtration, phase partition etc Today: GE Health Biosciences ”The Svedberg Group” - the cradle of modern biotechnology industry!Uppsala BioInvention to company turn-over : Uppsala Bio Invention to company turn-over 2000 1960 1940 1980 Research inventions Commercialization Turn-over today ~2,600 MUSD / year of which > 1,000 MUSD is based in UppsalaWhat have been done - Organizational structure: What have been done - Organizational structure Liasion office Ad hoc Collaboaration And spin-outsSlide13: Owned by the University Arm length distance – no part of the Authority Legal form = private company The Government decides the object in the Articles of Associations UUAB The Holding Company of Uppsala UniversityWhat have been done - Organizational structure: What have been done - Organizational structure Liasion office Ad hoc Collaboaration And spin-outs UIC Business IncubatorWhat have been done- Processes: What have been done - Processes Recruiting right people Two-cultural Identify champions and relate Researchers External network of entrepreneurs Traditional spin-out strategy Start-ups, out licensing Collaborative research Pro active approachThree main processes: Three main processes Stimulate entrepreneurship Mainly students Business idea in a known market Commercialization of inventions Research results, new products & markets Creation of business opportunities Collaborative research platforms between disciplines and with companiesStimulate 1CEF -Centre for Entrepreneurship: Stimulate 1 CEF -Centre for Entrepreneurship University centre to stimulate entrepreneurship The School of Entrepreneurship Last year program for science students Real industrial project + theory & seminaries Project Management for students Seminaries for PhD students and researchers Seminaries for small knowledge based companiesStimulate 2Drivhuset: Stimulate 2 Drivhuset Student non-profit organization Inspire and stimulate students Support entrepreneurship vs employed Seminaries, lectures and hands on 50 student based companies per yearStimulate 3Anders Wall's chair: Stimulate 3 Anders Wall's chair Professor chair in entrepreneurship Donation by Anders Wall, famous local entrepreneur Education and research Entrepreneurial Day Entrepreneurs Academy Niklas Zennström, founder of Skype Dollar billionair, Uppsala alumniCommercialization of research resultsDisclosure process: Top Class International Research Find Foster Forward Secure Verify Develope UIC- Business Incubator Start-Ups Existing Company Free Patent Supervisor ~ 150 discl/year Projects (UUAB) New Company Innoventus Existing Company Fuel Professional Project Management VC $$$ Commercialization of research results Disclosure processBusiness IncubatorUIC: Business Incubator UIC We are business developers, not landlords Business coach 1 day / week Not for free, but pay when (if) you can UIC not an owner! Gives 7,9 times return on the tax investment!Slide22: UUAB the Holding Company > 500 disclosures > 50 start-ups Invested ~ 8 M€ High value creation + 63 MSEK already realizedUUAB Results (june 2007): UUAB Results (june 2007) UUAB Invested 7,8 M€ Realized profit UUAB (exits) 6,7 M€ Value of portfolio ~ 7,7 M€ Running costs 3,3 M€ Net profit ~ 3,3 M€ Consequently investments ~ 128 M€ Generated University Incomes ~ 26 M€ Huge leverage for the University and the Society A new entityUU Innovation: A new entity UU Innovation One ManagerSociety - the winner: Society - the winner Not always profitable for the professor for the university for the Holding Company Very profitable for the society Gives valuable collaborations Increases the competitiveness of the universityNever ever give up: Never ever give up “Success is going from failure to failure without a loss of enthusiasm”- Winston Churchill You do not have the permission to view this presentation. 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Tartu Maitane Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 95 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: October 15, 2007 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript How to promote entrepreneurship and commercialization of research at an old General University? : How to promote entrepreneurship and commercialization of research at an old General University? Lars Jonsson Head of UU Innovation & UUAB Holding Company Uppsala University SwedenOld General Universities: Old General Universities Difficult to grasp Even more difficult to manage Long processes to achieve living policies Strong academic culture It is not noble to commercialize Professor's privilegeUppsala University: Uppsala University 530 years in business… Strong academic traditions Academic research should stand free! Heavily decentralized Strongly divested Theology Space TechnologyNine faculties, Three disciplinary domains: Arts & Social Sciences Nine faculties, Three disciplinary domains Arts Educational Sciences Languages Law Social Sciences Theology Medicine Pharmacy Science and TechnologyProfessor's privilegeA Swedish specialty…: Professor's privilege A Swedish specialty… All results are the researchers private equity The University has no rights Only Sweden; (Italy with some restrictions) Can not use University Money for Patent applications Investments in shares Investments in developing projectsTough odds for patents!: Tough odds for patents! Canadian survey Thomas Asterbot, Univ of Toronto, 2003 1061 out of 1091 failed…. < 7 % reached the market 0,5 % became profitable Research is an investment: Research is an investment Return of investment: Competitive work force Competitive inventions Knowledge based economy Increased welfare A University Innovation System is mandatory to achieve this !Commercialize research: Commercialize research We have a mission to make our research useful to society through commercialization and patents. Anders Hallberg, Vice-Chancellor, Uppsala University, 2006Patents are instruments: Patents are instruments Patents and Knowledge Transfer should not be the goal for a university institution They are tools to establish a relation and enforce the institution!”The Svedberg Group”- the cradle of modern biotechnology industry!: The Svedberg Nobel Laureate 1926 The Ultracentrifuge Arne Tiselius Nobel Laureate 1949 Electrophoresis and Chromatography Gel filtration, phase partition etc Today: GE Health Biosciences ”The Svedberg Group” - the cradle of modern biotechnology industry!Uppsala BioInvention to company turn-over : Uppsala Bio Invention to company turn-over 2000 1960 1940 1980 Research inventions Commercialization Turn-over today ~2,600 MUSD / year of which > 1,000 MUSD is based in UppsalaWhat have been done - Organizational structure: What have been done - Organizational structure Liasion office Ad hoc Collaboaration And spin-outsSlide13: Owned by the University Arm length distance – no part of the Authority Legal form = private company The Government decides the object in the Articles of Associations UUAB The Holding Company of Uppsala UniversityWhat have been done - Organizational structure: What have been done - Organizational structure Liasion office Ad hoc Collaboaration And spin-outs UIC Business IncubatorWhat have been done- Processes: What have been done - Processes Recruiting right people Two-cultural Identify champions and relate Researchers External network of entrepreneurs Traditional spin-out strategy Start-ups, out licensing Collaborative research Pro active approachThree main processes: Three main processes Stimulate entrepreneurship Mainly students Business idea in a known market Commercialization of inventions Research results, new products & markets Creation of business opportunities Collaborative research platforms between disciplines and with companiesStimulate 1CEF -Centre for Entrepreneurship: Stimulate 1 CEF -Centre for Entrepreneurship University centre to stimulate entrepreneurship The School of Entrepreneurship Last year program for science students Real industrial project + theory & seminaries Project Management for students Seminaries for PhD students and researchers Seminaries for small knowledge based companiesStimulate 2Drivhuset: Stimulate 2 Drivhuset Student non-profit organization Inspire and stimulate students Support entrepreneurship vs employed Seminaries, lectures and hands on 50 student based companies per yearStimulate 3Anders Wall's chair: Stimulate 3 Anders Wall's chair Professor chair in entrepreneurship Donation by Anders Wall, famous local entrepreneur Education and research Entrepreneurial Day Entrepreneurs Academy Niklas Zennström, founder of Skype Dollar billionair, Uppsala alumniCommercialization of research resultsDisclosure process: Top Class International Research Find Foster Forward Secure Verify Develope UIC- Business Incubator Start-Ups Existing Company Free Patent Supervisor ~ 150 discl/year Projects (UUAB) New Company Innoventus Existing Company Fuel Professional Project Management VC $$$ Commercialization of research results Disclosure processBusiness IncubatorUIC: Business Incubator UIC We are business developers, not landlords Business coach 1 day / week Not for free, but pay when (if) you can UIC not an owner! Gives 7,9 times return on the tax investment!Slide22: UUAB the Holding Company > 500 disclosures > 50 start-ups Invested ~ 8 M€ High value creation + 63 MSEK already realizedUUAB Results (june 2007): UUAB Results (june 2007) UUAB Invested 7,8 M€ Realized profit UUAB (exits) 6,7 M€ Value of portfolio ~ 7,7 M€ Running costs 3,3 M€ Net profit ~ 3,3 M€ Consequently investments ~ 128 M€ Generated University Incomes ~ 26 M€ Huge leverage for the University and the Society A new entityUU Innovation: A new entity UU Innovation One ManagerSociety - the winner: Society - the winner Not always profitable for the professor for the university for the Holding Company Very profitable for the society Gives valuable collaborations Increases the competitiveness of the universityNever ever give up: Never ever give up “Success is going from failure to failure without a loss of enthusiasm”- Winston Churchill