Innovation Strategy: From Idea to Product,€¦ · From Idea to Product, Leveraging University...

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Transcript of Innovation Strategy: From Idea to Product,€¦ · From Idea to Product, Leveraging University...

Gloria Negrete, Director of Strategy and PlanningOffice of Innovation and Commercialization, Research Affairs

Innovation Strategy: From Idea to Product,

Leveraging University Innovation Ecosystems

Disruptive Economy

Ubervs. taxis

• Uber delivered its one-billionth ride 5.5 years after launching• Uber covers 75 percent of the US population

Airbnbvs. motels

• Airbnb lists properties in 97 percent of the world’s countries and has over 2 million listings

• Top 40 Airbnb hosts in New York each grossed $400K over 3 years

Vulnerable Markets

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Deloitte Insights

University Case Study: UC San Diego

#1 Public Institution for industry-funded research#1 Public Institution for positive social impact#4 Institution for startup creation#7 Institution for R&D expenditures#7 For patents issued#15 For licenses issued

37,000 jobs attributable to UC San Diego-related companies

UC San Diego Innovation by the Numbers

Innovation.ucsd.edu

Evolution of Commercialization at UC San Diego

Short-Term Transactional Approach

Long-Term and Sustainable Productive Relationships

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University goal

Process Map

Students and

Faculty

Innovation & Entrepreneurship

UC San Diego

JSOEIGE

GordonGEM

Agile CentersCAP

OICCampus Support

BasementCommercialization

RadyIGE

MyStartupXXStartR

Veteran VenturesSocial Innovation SIO

CAPBlueTech

Development &Advancement

Health SciencesMEET

CAIBlue-Linc

GEM

SkaggsDrug Pipeline

IncubatorsCal Shaman

Alumni

Ashoka USocial Innovation

Fund

E-Challenge

Student Services

Career Center

Student Resource Centers

Foundation

VeteranResource Centers

Chancellor

Office of ResearchAffairs

Industry

Support OrgsConnectBiocom

CleantechSDVG

MaritimeMentor/Advisors

Investors

Government

Entrepreneurs-in-Residence

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University ecosystem snapshot

Designing Innovation: Spaces and Programming

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Campus Research Machine Shop Chemistry and Biochemistry Fabrication Carpenter and Fabrication Facility ECE Makerspace EnVision Maker Studio SIO Makerspace SIO Research and Development (R&D) Nano3 Cleanroom Prototyping Facility The Media Teaching Lab UCSD Visual Arts Facility Digital Media Lab This 74,000-square-foot collaborative workspace aims to encourage new ideas, products and services that contribute to UC San Diego’s entrepreneurial spirit. Specifically, the goal is to encourage more collaboration between Jacobs School of Engineering, the Visual Arts and Cognitive Science Departments, and other campus departments as well as the Office of Innovation and Commercialization and the Alumni Association.

Advance multiple compounds to an IND-ready stage in a collaborative, cost-effective, and efficient manner.

Industry CollaborationUC San Diego + Deerfield Collaboration

Innovation.ucsd.edu

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PROGRAMS: Industry collaborative Programs

• Remove barriers to Tech Transfer• Streamline and simplify agreements• Remove barriers for startup

companies5% Equity License

Unique approaches to sponsored researchEnables upfront license for future intellectual propertyReduces timeline and risk

UC San Diego Innovation Programs

Open Flow InnovationInnovation Zones: Removing Risk from Industry Partnerships

Innovation.ucsd.edu

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PROGRAMS: Open Flow and Innovation Zones

Intellectual Property Portfolio

ucsd.resoluteinnovation.com

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IP PORTFOLIOS

Doubled Output in 4 Years

2014 2015 2016 2017 2018 % Increase

Licensed Startups 15 19 19* 22 31 106%

Student Startups 18 11 24 20 30+ 67%

Licenses 68 75 101 98 121 78%

Industry Funding ($M) - 105 134 154 198 90%

Students Served 1500+ 2500+

Leveraging University Innovation Ecosystems

From Idea to ProductInside the TechnologyTransfer Lifecycle

Source: AUTM 2017

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AUTM, American University Technology Managers

Between 1995 to 2015 University TTO Contributed up to…

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Source AUTM 2017

Database Search

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AUTM Database search site https://aim.autm.net

Strategy:Lean Model Approach

Opportunities

• Inventors • Specialized expertise• Research• Resources

Barriers

• Direct bridges and connections • Communication channel to R&D• Immature technology• Limited capital

Building Your Strategy

Key Partners Key Resources

Key Activities Channels

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Deloitte Insights

Overcoming Barriers

• Service offering to build relationship• Create / support competitions• Lead a workshop or lecture seminar• Mentor students on campus• Grow brand awareness• Form partnerships

Tactics

ValueProposition

Building Your Strategy

Know Your Audience

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Deloitte Insights

University of California: Regional Snapshot

Thank you!