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Commercialisation hand-holding proposal more than it seems

A Wellington and Auckland commercialisation hand-holding proposal more than it seems


By Peter Kerr for sticK

(sticK - 20 October 2011 ) It’s flown a bit under the radar, and the two organisations will in theory have identified their preferred collaboration model by the end of the year.

But, the announcement earlier this month that Industrial Research and UniServices (the University of Auckland’s commercialisation company) are to team up is a very interesting move.

Both organisations are in the business of turning ideas into income, with IRL’s focus over the past five years being clearly on helping NZ businesses grow through better use of its physics, chemistry, engineering and applied mathematics capability. UniServices manages all of the university’s intellectual property, and turns some of this IP into new products and companies. It makes most of its money from contract research however, as well as licence royalties from others’ using the university’s ideas.
Click to read the rest of this story
http://sticknz.net/2011/10/20/a-wellington-and-auckland-commercialisation-hand-holding-proposal-more-than-it-seems/

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For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com


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