Commercialization of technologies
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Transcript of Commercialization of technologies
Commercialization: Commercialization: Prospects and Constraints Prospects and Constraints
Presentation by Ali [email protected]
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!
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
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