Transcript Document

Creating the Future
Why wait?
Chris McKinney
Associate Vice President
Professor of Business
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expressions
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Georgia Regents University
Innovation Commercialization
Infrastructure
Innovation
Income
Industry
Impact
P h i l i p s C o l l a b o rat i o n
(Georgia Bio “Deal of the Year” Winner – January, 2014)
Economic
Development
Business
Incubation
Technology
Transfer
Why do innovation commercialization?
 Translate university research into public benefits.
 Foster collaborations with industry.
 Promote economic development.
 Reward, recruit, and retain faculty.
 Generate revenue to fuel the research enterprise.
“Impact and Income”
Innovation Matters
www.usaid.gov
G EORGIA R EGENTS U NIVERSITY
Innovation Commercialization
Research Funding
OIC service examples:
Material transfer agreements
• Commercially-viable IP (protect)
• Marketing (technology push/market pull)
• Transfer (license)
- existing small, medium, or large firm
- start-up
• Manage relationships
Faculty service is essential in
promoting technology transfer
• New innovations (identify and triage)
Confidentiality agreements
Inter-institutional
agreements
Sponsored research
agreement support
Clinical trials agreement
support
Intellectual property
management
Revenue distribution
Start-up formation
Incubation
Investment contacts
Compliance services
General advising
Economic development
OIC Team
Key Metrics (FY11-13)
www.camellix.com
Office of Entrepreneurship
http://www.gru.edu/hull/entrepreneurship/
Accelerate commercialization of business ideas by guiding the flow of innovation
Teach the basics of entrepreneurship
Help create a regionally-based culture of new business incubation
Innovation Summit 2014
October 7, 2014
Creating the Future
"It's really hard to design
products by focus groups.
A lot of times, people don't
know what they want until
you show it to them."
- Steve Jobs
Creating the Future
Why wait?
Christopher D. McKinney, DA, MBA
Associate Vice President, Innovation Commercialization
Professor of Business, James M. Hull College of Business
Georgia Regents University
[email protected]
706-721-4062 (office)
615-496-0731 (cell)
www.gru.edu/oic
February 3, 2014