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Commercialization of technologies

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Commercialization of technologies

  1. 1. Commercialization: Prospects and Constraints Presentation by Ali Salman [email_address]
  2. 2. A BIG FAQ! <ul><li>If HEC issues bonds or otherwise raises public money, does it have its own venue of investments? </li></ul><ul><li>Answer: Commercialization of Innovations! </li></ul>
  3. 3. Prospects <ul><li>Basis for financial independence of universities </li></ul><ul><ul><li>Cumulative Resource Gap: 150-550 billion rupees (2005-15, WB 2006) </li></ul></ul><ul><li>Diversified products range </li></ul><ul><li>Creation of new markets and huge job creation </li></ul><ul><li>High potential for local consumption and exports (Foreign reserves savings) </li></ul><ul><li>High prospects for investment; US$ 4 Million investment opportunity from one university </li></ul><ul><li>Pay back period for some products is just 1.5 years </li></ul><ul><li>For some products anticipated technology transfer fee received by the university is above Rs. 10 million </li></ul>
  4. 4. Constraints <ul><li>Regulatory processes for approval and certification are not streamlined </li></ul><ul><li>Absence of a channel (intermediary organization) for flow of capital to commercialization of projects </li></ul><ul><li>Weak and slow IPR process for innovators and investors </li></ul><ul><li>Lack of willingness and capacity to develop local brands </li></ul><ul><li>Failure of government to communicate existing assets and scientific facilities to the private sector </li></ul><ul><li>Business knowledge gap in the innovators and HEC with respect to commercialization and prices and market potential </li></ul>

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