Opening up industry access to university IP
22 March 2013
The NSW Government is encouraging industry and universities in NSW to collaborate to commercialise intellectual property (IP) developed by the universities through Easy Access IP, one of the first initiatives to come out of the NSW Government response to its Industry Action Plans.
The Easy Access IP pilot program has been launched in collaboration with three NSW universities – the University of Wollongong, University of New South Wales (UNSW) and Macquarie University.
The first workshop, focussed on advanced manufacturing medical devices, was held at UNSW earlier this month.
At the workshop, five research-active medical device companies shared challenges or opportunities with researchers from UNSW and worked to explore solutions.
Participant Cameron Crowley, Business Development Manager at Maverick Biosciences in Dubbo, said both the companies and the researchers were keen to get productive outcomes from the workshop.
"Putting the two groups together might seem like a simple idea, but the principle of linking SMEs to researchers this way is clever, smart and effective.
"The workshop addressed our practical issues in a low-cost way for all involved and I'm optimistic it can create value for us, the researchers and the State.
"We also get to create links and networks that will be of benefit into the future."
Maverick Biosciences produces and exports animal-derived biological materials for human health.
Easy Access IP aims to improve collaboration between industry and research organisations and develop faster pathways to commercialisation of existing intellectual property.
The three universities involved are adopting an open innovation model and making a proportion of their research outputs available to industry in the form of no-cost licences on the condition that industry invests in commercialising the IP.
Two more workshops are planned for July and September.
Easy Access IP is one of a range of programs announced by the NSW Government signalling a new collaborative approach to economic development to drive growth, innovation and productivity in four key sectors of the State's economy.