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ONTARIO POST DOCTORAL FELLOWSHIP NETWORKING EVENT October 6, 2008 Dr. Tom Corr CEO  –  Waterloo Research and Technology Park Accelerator Centre &  Associate Vice President, Commercialization  –  University of Waterloo [email_address]
TOPICS ,[object Object],[object Object],[object Object],[object Object],[object Object]
Research Funding ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],IP Ownership Policies
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IP Ownership is a  HUGE  issue when it comes to commercialization…. ,[object Object],[object Object],[object Object],[object Object],[object Object]
What are a lot of professors focused on? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What’s in it for the researchers? ,[object Object],[object Object],[object Object],[object Object],[object Object]
What do Technology Transfer operations at Universities do in the commercialization process? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why do some research institutions only commercialize ~10% of the researchers inventions? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Commercialization Options: Spin-Off’s versus Licensing  Pros and Cons
Licensing ,[object Object],[object Object],[object Object],[object Object]
Spin-Off Company ,[object Object],[object Object],[object Object]
SPIN-OFF’s ,[object Object],[object Object],[object Object]
Spin-Off’s  ,[object Object],[object Object]
Industry Need ,[object Object],[object Object],[object Object]
What to consider when looking at the Spin-Off alternative to licensing? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Other Factors ,[object Object],[object Object],[object Object],[object Object]
Research Institutions Potential Role in Spin-Offs ,[object Object],[object Object],[object Object],[object Object]
Research Institutions Potential Role in Spin-Offs ,[object Object],[object Object],[object Object]
Cross Cultural Issues ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cross Cultural Issues ,[object Object],[object Object],[object Object],[object Object],[object Object]
Spin-Offs vs. Licensing - Summary ,[object Object],[object Object],[object Object]
[object Object]
Investors – what do they think? ,[object Object],[object Object]
Investors – What do they think? ,[object Object],[object Object],[object Object]
Recurring pitfalls and themes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Where does the money come from at this EARLY stage?
[object Object],[object Object],[object Object],Later Stage VC Funding
Later Stage VC Funding ,[object Object],[object Object]
Deal and Negotiation - steps/process/documentation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why deals fall apart ,[object Object],[object Object],[object Object]
Why deals fall apart ,[object Object],[object Object],[object Object],[object Object]
SUMMARY ,[object Object],[object Object],[object Object]
SUMMARY ,[object Object],[object Object],[object Object]
QUESTIONS

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The commercialization process

  • 1. ONTARIO POST DOCTORAL FELLOWSHIP NETWORKING EVENT October 6, 2008 Dr. Tom Corr CEO – Waterloo Research and Technology Park Accelerator Centre & Associate Vice President, Commercialization – University of Waterloo [email_address]
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  • 11. Commercialization Options: Spin-Off’s versus Licensing Pros and Cons
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