IP Commercialisation

IP commercialisation is "the process of introducing a new product, process or service resulting from academic research to market". UNNC is open to discuss diversified and mutual beneficial partnership models. 

IP commercialisation is a major means of delivering impact to society and economy

• A patent can help in transferring research to industry for impact and commercial purposes….
• Enhance our reputation
• Business influence / Thought leaderships
• Impact on local society and economy
• Diversified income

It contributes to the University Strategy (vision & mission)

• Solve problems and improve lives
• Stewards of a pioneering and entrepreneurial tradition of creativity and innovation
• Empower students and staff

It contributes to UNNC CDP

• We aim to deliver the impactful research and knowledge exchange activities...to make a difference to the community
• Financial sustainability over a long term

Transfer the IP rights to use, or sell IP rights to an external company. 

• Usually in exchange for a royalty payment
• Or other milestone payments

Companies often work closely with the researchers to complete development of technology (transfer of know-how etc.) 

• They are usually 'exclusive' but can be non-exclusive (e.g. one tomany licenses for software etc.)
  
  

Create a new company (startup, JV, investment, other like patent pool).

• Spin-out equity converted from University IPRs
• Inventors, investors and University all have shares
• Often employ the researchers

EXIT is what we want, exmples include lPO, trade sales and more.

Ningbo Nottingham Technology Co., Ltd. (NNTC), a wholly owned subsidiary of the University of Nottingham Ningbo China, serves as asset management platform and commercial arm of the University. It holds, manages and operates assets on behalf of the university, and conducts the negotiation, execution, management and operation of related commercial contracts, especially conducts the operation and management of the commercialisation of the research achievements and the intellectual property of the university.

Find more

• University of Nottingham UK Policy and Code of Practice on Intellectual Property
  
• The law of the People's Republic of China on the promotion of the transformation of scientific and technological achievements
• The regulations of Zhejiang Province on the promotion of the transformation of scientific and technological achievements
• Notice of China National Intellectual Property Administration, the Ministry of Education, the Ministry of Science and Technology, etc. on Printing and Distributing the "Several Opinions on Further Strengthening the Protection of the Legal Rights and Interests of Service Inventors and Promoting the Implementation of the Application of Intellectual Property Rights"
• The Administrative Regulations on the Protection of Intellectual Property Rights in Colleges and Universities