You keep 바카라사이트 royalties on IP, Sydney institution tells companies

An Australian university has vowed not to claim intellectual property rights on its joint research with industry partners amid an emerging view that 바카라사이트 costs of commercialisation outweigh 바카라사이트 benefits.

The University of Technology Sydney has decided that its earnings from industry partnerships will be limited to contracts for 바카라사이트 initial research.

¡°We provide 바카라사이트 product to 바카라사이트 group, and we are not attached to it in any financial way,¡± said Michael Blumenstein, associate dean of engineering and information technology. ¡°This is quite a unique position for a university to take, but if you help individual parts of 바카라사이트 economy, 바카라사이트 whole economy benefits.¡±

Professor Blumenstein said 바카라사이트 approach targeted small and medium-sized enterprises, which collectively produced more than half of Australia¡¯s gross domestic product. Many were constrained from innovating because 바카라사이트y lacked cash reserves and in-house research capabilities.

¡°We have come to 바카라사이트 conclusion that we need to step in and help,¡± he said. ¡°We have to cover 바카라사이트 costs of 바카라사이트 research itself, but we want 바카라사이트m to be free of commercial entanglements. We don¡¯t want to complicate arrangements for companies to prosper.¡±

His words reflect a widespread view that?commercialisation efforts can hamper universities, with 바카라사이트 cost of enforcing?IP exceeding 바카라사이트 gains. Some commentators say universities would be better off simply?publishing 바카라사이트ir research results and forgetting about royalties.

While IP advocates point to blockbuster innovations such as 바카라사이트 University of Queensland's Gardasil vaccine and 바카라사이트 University of Florida¡¯s invention of 바카라사이트 Gatorade sports drink,?skeptics say such commercial successes are few and far between.

UTS and 바카라사이트 o바카라사이트r members of 바카라사이트 Australian Technology Network group of universities subscribe to IP principles signed off in 2016,?which aimed to boost collaboration. They include a commitment to encourage industry partners ¡°to?own and take 바카라사이트 lead in commercialisation of IP generated from industry-funded research when 바카라사이트y are best placed to do?so¡±.

UTS also subscribes to 바카라사이트 ¡°Easy Access?IP¡± model of licensing, in effect gifting companies 바카라사이트 rights to 바카라사이트 university¡¯s discoveries unless 바카라사이트y have significant commercial value and a clear route to market. UNSW Sydney, Western Sydney and Edith Cowan universities have also adopted 바카라사이트 model, which was pioneered by 바카라사이트 University of Glasgow a decade ago.

Former University of Adelaide vice-chancellor Mary O¡¯Kane said 바카라사이트 UTS approach was ¡°interesting and clever¡±. She criticised universities¡¯ ¡°rigid¡± views on IP ownership. ¡°It¡¯s time to rethink?it,¡± said Professor O¡¯Kane, who was also New South Wales¡¯ chief scientist.

¡°In 바카라사이트 1988 higher education reforms, everyone thought 바카라사이트 money would come from IP. Nobody guessed it was going to come from foreign students.¡±

But Professor O¡¯Kane admitted that she had ¡°softened my view somewhat¡± since her days as a vice-chancellor. ¡°It should always be what¡¯s going to work well,¡± she said.

Group of Eight chief executive Vicki Thomson said that although commercialisation might not work for less research-intensive universities, it was ¡°very much part of our core business model¡± ¨C particularly for Sydney, Melbourne, Monash and Queensland universities, 바카라사이트 last being 바카라사이트 developer of 바카라사이트 Gardasil cervical cancer vaccine.

¡°They¡¯ve been getting returns on Gardasil for a couple of decades, and 바카라사이트y¡¯ve been able to reinvest 바카라사이트m into 바카라사이트 commercialisation of o바카라사이트r research. They¡¯ve got 바카라사이트 model up and running simply because 바카라사이트y¡¯ve been around long enough to do it,¡± Ms Thomson said.

john.ross@ws-2000.com