The undertakings of Adelaide Enterprise typically lead to discrete commercial enterprises, with the benefits felt society-wide.
Technology transfer process
Technology transfer (or "tech transfer") is the movement of knowledge and discoveries from the University to benefit the general public. An overview of the process of formally licensing technology and intellectual property to third parties can be found below.
University of Adelaide Technology Transfer Process snapshot Invention disclosure
- University of Adelaide researchers (inventors) to disclose their invention to Adelaide Enterprise
- Contact IP Manager @ Adelaide Enterprise
- Complete Invention Disclosure form, available from email@example.com
- Inform Faculty Executive Dean (delegated person e.g. Faculty Research Development Manager)
- Priority status - public disclosure eminent e.g. publication, speaking at conferences or public forums and meeting with companies
- Initial discussion with researcher, IP Manager and Commercial Manager (Adelaide Enterprise)
- Preliminary screening assessment undertaken by Adelaide Enterprise to identify high potential projects (‘licensable/commercialisable technologies’)
- What is a ‘Good’ (Licensable/Commercialisable) Technology
- Researcher to provide unique insights into the relevant markets and share developed industry contacts that may be interested in your invention
- Assignment of rights to University of Adelaide
- Decide on best path to protect IP, different types of IP requires different protection e.g. patent, trade mark, design or plant breeders right (PBR) or keep it confidential "trade secret"
- Costs - Agreement on initial costs for registering rights and ongoing application costs
- Adelaide Enterprise oversees the patent application process, working closely with the inventor/s and your/our external patent attorneys
- Licensing - license is an agreement that grants another entity rights to the University's intellectual property
- Start-ups - invention provides compelling concept, a strong market opportunity, a competitive advantage, a sound business and financial plan, and an experienced management team
- Royalties received by the University of Adelaide from commercialisation are distributed annually to the University, Faculty and inventors according to University policy
What is a ‘good’ (licensable/commercialisable) technology?
- An invention that is legally protectable
- Is relevant to a market need (has commercial value)
- Can be envisioned as a material product (mature for commercialisation)
- Is supported by inventors showing willingness to facilitate ‘technology transfer’
The University of Adelaide aims to encourage an entrepreneurial environment and culture set on a foundation of world class research and innovation, to better engage and partner with industry to translate research for economic, environmental and social benefit of South Australia and Australia. To do this, the University’s intellectual property objectives are to:
- Communicate positively and openly.
- Seek protection for its researchers’ inventions where there is an imperative to have a secured position.
- Share and impart knowledge for the betterment of society through publication and recognition as a priority for the University.
- Foster a culture that values and encourages research translation by staff and students for optimal benefit. Benefit will be measured by the University’s reputation, economic and social good today and into the future.
- Partner with industry, entrepreneurs, governments and the broader community based on their commitment and ability to translate for optimal benefit.
- Leverage the strengths of each contributor.
- Ownership and access are two very different concepts. Ensure, with its collaborators, that there is clean and clear ownership of IP based on contribution to maximise the chance of translation through licensing and accessibility arrangements.
- Develop ownership and licensing terms having success and optimal impact in mind.
- Strive for a win/win partnership for all parties involved.
- Operate expediently diligently and with integrity.
- Encourage inventors to be active participants in the translation process and reward inventors from the contributions derived from the intellectual property created.
- Provide education to researchers and other University staff to understand management of IP and strategies for commercialisation.
IN-PART technology marketing
IN-PART is the intelligent matchmaking platform that makes the initial connection for technology transfer between universities and companies simple, efficient and scalable. Through the IN-PART platform Adelaide Enterprise can distribute your potentially groundbreaking research, direct to relevant industry contacts that have the ability to collaborate and commercialise.
Find the overview for universities here.
Contact firstname.lastname@example.org to find out more.