Date post: | 13-Jan-2015 |
Category: |
Documents |
Upload: | innovationworkshop2013 |
View: | 124 times |
Download: | 1 times |
Jens Kristian Damsgaard, CEOScience Ventures Denmark A/S Energy Invest Fionia A/S
Denmark is increasing public R&D spending in the eye of the
financial storm
Can Technology Transfer deliver ?
Deliver value
New jobs
Tax rev.
High tech
High value and
salaries
Export
Capture value (TTO)
Spin-outs
Licensing
Coll. R&D
Create valueUniversity/hospital
R&D Federal labs R&D
DENMARKBasic facts:
• 5,5 million people (like Toronto, CN)
• 8 universities – 135.000 students
• Public spending on R&D $ 3,5 billions (1,07% of GDP in 2013)
• Private spending on R&D $ 6,5 billions (- 2% of GDP in 2013)
TOP 5 GLOBAL
Legal framework
“Bayh Dole act”
IPR assignment
Obligation to commercia.
TT law
Spin-outs cash
investment
Collaborative R&D
Industry license Spin-out
P I C K O N E !
Country2010
US Denmark
Public R&D expenditure/per capita, US$ billions
1,05(402)
1(5)
Number of spin-outs/per US$ billions invested in R&D
1,7 2,2
Number of licensing deals/per US$ billions invested in R&D
12,2 20
Number of patent disclosures/per US$ billions invested in R&D
54 65,6
Revenue ($ millions) from licensing and exits/per US$ billions invested in R&D
3,73 0,2!
Some high-value start-ups are born in Denmarke.g.
• Skype acquired by eBay / Microsoft ($10 billion deals)• Damgaard Data acquired by Microsoft Business Solutions
($2 billion deal)• Giga acquired by Intel ($2 billion deal)• Vestas + several $-billion deals in the wind industry
HOWEVER; they are rarely (read: NEVER!) build on university IP!
YES we can!
NO we can´t
Employee culture
Tax system
No sense of urgency
Too few academics in private sector
Venture cap
High quality R&D
Transparency
Worried tax payer!