Commercialising Public Research

New Trends and Strategies

image of Commercialising Public Research

Public research is the source of many of today’s technologies from the GPS and MRI to MP3 technology. Public research institutions (PRIs) and universities are also an engine of entrepreneurial ventures from biotech start-ups to Internet giants like Google. Today, globalisation, open innovation and new forms of venture financing such as crowd funding are changing the way institutions promote the transfer and commercialisation of public researcher results.

This report describes recent trends in government and university level policies to enhance the transfer and exploitation of public research and benchmarks the patenting and licensing activities of PRIs and universities in a number of OECD countries and regions, including the EU, Australia, Canada, and the US.

Finally, it also showcases, based on case studies of leading institutions in Finland (Aalto Center for Entrepreneurship), Germany (Fraunhofer Institute), the Czech Republic (Technology Transfer Office of the Czech Technical University), Japan (open innovation in firms), United States (National Institutes of Health) a number of good practices for increasing the number of university invention disclosures, accelerate licensing contracts and promote more open innovation practices between universities and firms.




Looking ahead: National policy implications

Government policies and institutional practices have an important impact on the commercialisation of public research. This concluding chapter on policy implications finds that there is a strong policy bias in favour of codified flows in the form of patents and licenses. Drawing on new survey findings, case studies, statistical analysis and an inventory of cutting-edge initiatives pursued by governments and public research organisations, it makes the case for a more holistic approach to policy making that recognises the importance of people-based channels such as student entrepreneurship and the mobility of staff for the transfer, exploitation and commercialisation of public research results. It also calls for policies to support two-way flows of knowledge between industry and academia.


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