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An introduction to The University of Auckland’s Knowledge Transfer CompanyDr Peter Lee, CEO
Outline
• Who we are
• What we do
• Our Mission
• Company growth and revenues
• Who we work with
• Patent estate
• Future growth and new businesses ventures
Who we are
• A company wholly owned by The University of Auckland
• Founded in 1987
• Employing over 500 professional researchers
What we do
• We manage the University’s commercial research contracts
• We manage contract education
• We own and commercialise the University’s intellectual property estate
• We create new companies or commercial collaborations based on new knowledge
Our mission
Our mission is to apply leading-edge research and expertise at The University of Auckland to client needs and business opportunities.
This activity enables organisations based on new knowledge to grow.
We support our researchers, experts and departments to ensure that our clients’ requirements are met with quality outcomes and best commercial practice.
In doing so we expand and enhance the teaching capability of the University and benefit the community at large.
Revenue growth 1994-2004
Revenues to year 2004 = $70.1 million
0
10
20
30
40
50
60
70
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
How we Commercialise the Intellectual Capital of The University of Auckland
Resources, skills & knowledge of the University of Auckland
Creation of critical mass of intellectual capital
UniServices’ processes to add value
CONSULTING
CONTRACT RESEARCH
TECHNOLOGY TRANSFER
EDUCATION & TRAINING
Advice, problem-solving for business and others sustains the future
New products and processes, job creation
Global licensing deals and new businesses, jobs and new products
Local and global contracts, enhanced resources, jobs and revenues
NEW INVESTMENT IN UNIVERSITY RESEARCH & FURTHER SOCIAL & ECONOMIC BENEFITS TO NEW ZEALAND
INPUTSINTELLECTUALCAPITAL VALUE ADDING PROCESSES
OUTPUTS & BENEFITS
Intellectual Property Management
Sell
Out License
Augment Existing Business
Cross license
Other
Joint Venture
StrategicPartnership
Spin Out new Company
New Business
Important Decisions affecting:
•Return on Investment
•Well Being of Principle Investigators
•Control of Asset and
•Protection of Interests
•Contract research
New Knowledge
Develop, Patent& Protect
Intellectual Property
Commercialize
Revenue by faculty
• Creative Arts & Industries 1.0%
• Arts 16.9%
• Business and Economics 1.1%
• Engineering 6.1%
• Medical & Health Sciences 58.8%
• Science 12.9%
• Education (from 1/9/04) 2.7%
• Other 0.5%
Our clients
• New Zealand businesses 32.2%
• Government (central & local) 46.4%
• Medicine (overseas) 16.4%
• Engineering (overseas) 2.1%
• Other (overseas) 2.9%
• 150 clients in 27 countries
Our collaborators
• Five other NZ universities
• Major Crown Research Institutes
• International centres in 11 countries
• Other subcontractors
• We paid them $8.3m in 2003
Spin-off companiesfrom the University of Auckland
The New Zealand Seed Fund
SynergenZBioscience
Pacific GEM
Our patent estate
• 175 patent families
• 40 new patents filed 2004
• 15 new licenses and options in 2004
• Total of 160 license agreements
• Basis for our spin-out companies