Connect at knowledgetransferireland.com Delivering impact from research commercialisation Dr Alison Campbell OBE RTTP Director KTI, Chair AUTM
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For RPOs For industry Dissemination of research New products and services results New processes or process Research Further development of improvements commercialisation / knowledge research & expertise More competitive transfer Access to real world problems Company growth Leveraged research funding Sustainability Jobs 3 Connect at knowledgetransferireland.com
Impacts on society and the economy A happier, healthier and richer public & environment 4 Connect at knowledgetransferireland.com
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National policy for research commercialisation ▪ Maximise the economic and societal benefits and returns to Ireland from its public investment in research. ▪ The opportunity shall be taken to commercialise such IP in all possible fields, applications and territories where it is consistent with achieving Ireland’s objectives. ▪ All enterprises, from start- ups and small and medium enterprises (‘SMEs’) to multi -national corporations, should be able to access and exploit IP quickly, on terms that provide fair value to all parties, and in ways that are predictable and consistent from one negotiation to the next. ▪ Commercialisation shall also benefit the Higher Education Institutes and State Funded Research Organisations (“Research Performing Organisations”, RPOs) and provide incentives to the researchers involved in creating the IP. Full policy objectives in Chapter 1 of national IP Protocol 6 Connect at knowledgetransferireland.com
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University College Dublin takes flight ➢ New Product Developed ➢ Workforce Doubled 10 Enbio is a world leading, specialised coatings company. The company invented a technology called CoBlast which offers industry the potential to redefine the performance, function and value of metals across all sectors. Connect at knowledgetransferireland.com
Pumping product development through WIT consultancy ➢ New Product Developed ➢ Workforce Doubled 11 Sulzer Pumps Ireland has a wide range of pump manufacturing capabilities including machining, assembly, motor winding, packaging and shopping of submersible pumps ranging from 100W to 52W for use in the wastewater industry. The Wexford facility currently employs 270 people. Connect at knowledgetransferireland.com
NUIG licence to leads to company growth ➢ New Product Launched 2017 ➢ Cost Savings ➢ Reliability 12 Qpercom has become a global leader in providing advanced assessment solutions and expertise to institutions worldwide. Its software solutions are used in high stakes evaluation-based exams, such as those of medicine and law, and in other scenarios where assessing a person’s capabilities in a fair and accurate manner is paramount. Connect at knowledgetransferireland.com
UCC Spinout Company drives high quality job growth Commercialisation Timeline: 2003 first patent application filed I ➢ 7 years old 2011 company formed ➢ IP filed 8 years I 2012 first investment prior I ➢ 40+ jobs 2016 acquisition 13 InfiniLED Ltd was a University College Cor (UCC) spin-out company based on microLED Display (mLED) technology developed at the Tyndall Institute. The company was acquired by Oculus (a Facebook company) in 2016. Post acquisition the company expanded its operations in Cork to develop the technology. There are now over 40 people in Oculus in high quality research and engineering jobs. Connect at knowledgetransferireland.com
UL spin-out accessing global markets as an MNC subsidiary Commercialisation Timeline: 2003 first patent application filed I ➢ 15 years old 2006 company formed ➢ €32m invested I ➢ 40 jobs 2006 first investment I 2015 acquisition Powervation is a leading innovator in digital power controllers serving high performance computing, cloud and communications infrastructure markets. The company was based on novel technology from the University of Limerick. The company was acquired in 2015 by a Japanese multinational and operates as a fully-owned subsidiary and the company’s principal digital power design centre in Cork. 14 Connect at knowledgetransferireland.com
UCD Spin-out Company disrupts wastewater treatment market Commercialisation Timeline: 2008 First patent application filed I ➢ 8 years old 2013 Company formed ➢ €5.5 million invested I ➢ 30 jobs 2013 Initial seed investment I 2016 Latest round corporate investment Oxymem Ltd is a rapidly growing Irish company that spun out from University College Dublin (UCD) in 2013 with a licence to technology that has the potential to disrupt wastewater treatment. The company is headquartered in Athlone, Co Westmeath and currently employs 30 people in a range of functions such as research, manufacturing, marketing and finance. 15 Connect at knowledgetransferireland.com
Maynooth University spin-out plans to double staff Commercialisation Timeline: 2010 First patent application filed I ➢ 8 years old 2010 Company formed ➢ €7.7m invested I ➢ 15 jobs, plans to double 2011 First investment I 2013 Latest investment, series A Neuromod Devices is a Maynooth University spin-out company which has brought a medical device for the treatment of tinnitus (ringing in the ears) to the market. The company currently employs 15 in Dublin consisting of scientists, engineers and clinicians and plans to grow to 30 employees by 2019. 16 Connect at knowledgetransferireland.com
RESEARCH OUTPUTS KT CHANNELS USERS IMPACT OTHER FACTORS Research Teaching funding Jobs Publications Networking/ Events New Products Start-up Processes New Consultancy Spin-out Knowledge New services Materials Society Research Professional Turnover Development Government Researchers Technology Policy-makers Profit Collaborative Research Entrepreneurs Know-how R&D Small Co’s expenditure Contract Innovation Services Big Co’s % turnover from new products/ Licensing Skills services Company OTHER Creation FACTORS Knowledge Flow Ref. K Cullen Connect at knowledgetransferireland.com
Connect at knowledgetransferireland.com KTI KTI Knowledge Transfer Ireland T 0879714611 Enterprise Ireland, The Plaza, E alison.campbell@knowledgetransferireland.com East Point Business Park, Dublin 3. W knowledgetransferireland.com @kticonnect
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