Commercialization of technologies

4

Click here to load reader

Transcript of Commercialization of technologies

Page 1: Commercialization of technologies

Commercialization: Commercialization: Prospects and Constraints Prospects and Constraints

Presentation by Ali [email protected]

Page 2: Commercialization of technologies

A BIG FAQ!A BIG FAQ!If HEC issues bonds or otherwise

raises public money, does it have its own venue of investments?

Answer: Commercialization of Innovations!

Page 3: Commercialization of technologies

ProspectsProspectsBasis for financial independence of universities

Cumulative Resource Gap: 150-550 billion rupees (2005-15, WB 2006)

Diversified products range Creation of new markets and huge job creationHigh potential for local consumption and

exports (Foreign reserves savings)

High prospects for investment; US$ 4 Million investment opportunity from one university

Pay back period for some products is just 1.5 years

For some products anticipated technology transfer fee received by the university is above Rs. 10 million

Page 4: Commercialization of technologies

ConstraintsConstraintsRegulatory processes for approval and

certification are not streamlinedAbsence of a channel (intermediary

organization) for flow of capital to commercialization of projects

Weak and slow IPR process for innovators and investors

Lack of willingness and capacity to develop local brands

Failure of government to communicate existing assets and scientific facilities to the private sector

Business knowledge gap in the innovators and HEC with respect to commercialization and prices and market potential