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UNSW to unlock intellectual property for business
9th November 2011
In a first for Australia, the University of New South Wales will offer the majority of its intellectual property to companies for free, in a revolutionary effort to turn more university research into real-world applications.
The pioneer of Easy Access, Kevin Cullen, will implement this strategy at UNSW as the new head of New South Innovations, the universitys commercialisation company. Dr Cullen initiated the approach while the Director of Research and Enterprise at the University of Glasgow.
UNSW will join a handful of universities worldwide including the University of Glasgow, Kings College London and the University of Copenhagen that are utilising the Easy Access approach, in a radical plan to spark greater collaboration between universities and industry.
Under the new approach of Easy Access IP, a selection of UNSWs intellectual property will now be offered to the private sector to develop for free, with simplified, one-page agreements replacing complicated licensing negotiations.
UNSW Deputy Vice-Chancellor (Research) Professor Les Field said the new approach would put more university generated research into real world use.
"The focus of Easy Access IP is to put more university IP into the hands of the private sector and to allow industry to build on our research and take it to market," Professor Field said. "This is quite a radical departure from the way that UNSW and most universities have been doing business."
NSi Chief Executive Dr Kevin Cullen said at present the licensing of university IP to companies was viewed as "difficult, painful and cumbersome."
"We want to change this. We want to remove the barriers and the obstacles so that companies will choose UNSW as a partner to work with, and so we can build positive partnerships between researchers and industry based on the Easy Access IP approach," he said.
Dr Cullen said that for the small proportion of IP where UNSW can identify significant commercial value, such IP would be exploited with commercial partners. But for other developments, the Easy Access approach will be used.
"In these cases, the IP will be offered to entrepreneurs and industry for free," Dr Cullen said. "In order for the university to decide on the most appropriate licensee, those interested need to explain how they will use the IP to benefit the economy or society."
IP offered under the Easy Access portfolio will have an additional three conditions:
Academics will be able to choose to "opt-in" and have their IP included in the Easy Access approach. Businesses will then be able to view the Easy Access offerings via technology web portals, and have the ability to quickly get in touch with NewSouth Innovations to gain access to the technology.
About the University of New South Wales
The University of New South Wales is a member of the Group of Eight, a coalition of Australias leading research-intensive universities. It is renowned for the quality of its graduates and its commitment to new and creative approaches to education and research.
The university maintains strong collaborative links with industry and business, consistently performing at the top nationally in Australian Research Council Industry Linkage Grants. UNSW expertise is also regularly sought after by business and government for a wide range of consultancy and training services.
www.unsw.edu.au
About NewSouth Innovations
NewSouth Innovations (NSi) is the knowledge exchange and commercialisation company of the University of New South Wales, Sydney, Australia. NSi works with UNSW staff and students to help drive research outcomes into use in society and the economy.
www.nsinnovations.com.au
Media Contact:
Judy Brookman, UNSW Director of Communications | 02 9385 3249 | 0421 061 251 | j.brookman@unsw.edu.au
Further news articles here:
"Free to a good home: UNSW shares its IP" - The Australian
"University to release intellectual property" - Sydney Morning Herald
"Free IP may mean bonanza" - The Australian Financial Review
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Privacy statement Copyright and Disclaimer Site Map Site Feedback NewSouth Innovations - UNSW Sydney NSW 2052, Australia Telephone: +61 2 9385 5008 Enquiries: info@nsinnovations.com.au AUTHORISED BY Director, Public Affairs and Development. Page last updated: 9-11-2011 |
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