Technology Transfer
Hermann Hauser
Cambridge 9th March 2012 Slide 1 Content
• Technology Innovation Centres • Why do we need TICs? • What are the set up Criteria ? • Why now ? • Examples • Clusters • Conclusions
Slide 2 Why do we need TICs ?
Slide 3 The Need
• UK second only to US in scientific output BUT not translation ! • Race between Nations to commercialise R&D • Some of the best Research is years from investment ready • Most time is wasted at the start !
Slide 4 What is a Technology Innovation Centre?
Slide 5 Technology Innovation Centre
• Technology and Innovation Centres (TICs): Intermediate Institutions • Translational Centre between Universities and Industry • Open Innovation: Universities, VCs, Large Companies, Government need to work together • Fraunhofer Gesellschaft, DARPA ITRI,ETRI,TNO, Slide 6 From R to D
Research Technology Production Development Old: AT&T Corporate University Research, Big Company Consultancy
New: CISCO M&A, IPO Start-ups University Company TICs
Slide 7 Technology Innovation Centres
• Fills the void left by Central Research Labs of large Companies: – Bell Labs – Martlesham – GEC, Marconi research labs – EMI
Slide 8 Funding
• 1/3 Government Infrastructure • 1/3 Industry funding • 1/3 Government project funding
Slide 9 The Criteria
Slide 10 Set up Criteria
• Report on “The Current and Future Role of Technology and Innovation Centres in the UK” • Criteria: – Multi billion $ market – Clear global lead by UK – Platform Technology supporting multiple companies – Valuable part of Supply chain stays in UK Slide 11
Examples of Innovation
• Next generation Gene Sequencing • Breakthrough idea: Sequencing by synthesis • Chemistry department • Start up company: Solexa
Slide 12 Solexa
• Ultra-fast Gene-sequencing • Origin: Chemistry Department David Klenerman, Shankar Balasubramanian • CEO: John West • Whole Genome in less than one Week, for $5k • Personalised medicine
• Camp: Sanger centre, Lynx Slide 13 When is Innovation Successful?
When a defensible break-through connects with a large market.
Slide 14 Where does Innovation happen?
In Clusters like
Silicon Valley, Route 128, North Carolina Cambridge, London Munich, Paris, Stockholm, Helsinki,
Slide 15 Clusters
• World Class University • Entrepreneurial Spirit • Close Relationship with Lead Companies • Venture Capital • Supportive Government: CGT, R&D credits, Immigration • Infrastructure: Legal, Accounting, Leasing • Real Estate: Availability, Short Leases • People Network!
Slide 16 Serial Entrepreneurs
Slide 17
Source: VentureXpert Conclusion
• Technology Innovation Centres bridge Universities and Industry • Open Innovation is a team sport • Race between Nations to exploit scientific break-throughs • Clusters
Slide 18