scholarly journals TRIZ and Intellectual Property to Strengthen the Start-Up Spirit

Author(s):  
Pascal Sire ◽  
Eric Prevost ◽  
Yves Guillou ◽  
Alain Riwan ◽  
Pierre Saulais
Author(s):  
Michel R.M. Rod

This paper describes the author's involvement in the early experiences of a start-up biotechnology company created outside the university environment. In this case, two self-employed, entrepreneurial scientists with no university affiliation developed commercializable intellectual property. Falling outside the more common university technology commercialization process, there were a number of issues that were quite different from those a typical university start-up company might face, and these are illustrated. Most importantly, this case is an exemplar of how other non-university entrepreneurs might contemplate utilizing universities to further their technology commercialization objectives.


2018 ◽  
Vol 32 (4) ◽  
pp. 235-244 ◽  
Author(s):  
John Scanlan

Knowledge transfer (KT) activity at a research performing organization (RPO) is usually reported as a set of metrics arising from the RPO’s research and engagement, such as links to industry, intellectual property creation, licensing of new technology and new start-up company creation. However, these basic metric sets are not very effective, either from the point of view of benchmarking or as measures of quality. To address this inadequacy, the author has developed and implemented a ‘knowledge transfer capability maturity framework’, which attempts to capture the essentials of good-quality management across key KT processes, providing for the identification of deficiencies and subsequent improvements. This article also presents the use of the ratios of currently reported metrics as an additional and helpful benchmarking tool, and the possible use of these ratios as a means of quantifying the quality measurement of the capability maturity framework presented.


2005 ◽  
Vol 11 (4) ◽  
Author(s):  
William Bains

This paper analyses how UK academics can make money from their expertise, other than through earning their salary. Using statistics from the success rate and likely remuneration from recent examples, four options are discussed: licensing their intellectual property through their institution's technology transfer office, owning shares in a 'spin-out' company, personal consulting and writing books. The case of the 'average' academic who does not actively pursue any of these goals, the 'active' academic who pursues any one of them, and the top tier academic who is in the top 10 per cent of their profession worldwide are examined. In all cases, consulting is the most economically rewarding option. For the 'average' academic, being involved in a venture-funded start-up is the worst.


2001 ◽  
Vol 7 (4) ◽  
Author(s):  
Hilary Newiss ◽  
Audrey Horton

This paper looks at the basic law of intellectual property as it applies to a small biotechnology company or start-up. It focuses on the systems and attention to paperwork required so that the company can maximise its intellectual property protection.


2020 ◽  
Vol 21 (3) ◽  
pp. 415-436
Author(s):  
Michela Cordazzo ◽  
Paola Rossi

PurposeFollowing the mandatory IFRS adoption in 2005, the Continental European accounting systems changed. This study investigates if it influenced the value relevance of intangible assets in Italy.Design/methodology/approachTo measure the value relevance of intangible assets of non-financial firms listed on Borsa Italiana from 2000 to 2015, this study isolates the impact of several classes of intangible assets on stock prices and then classifies firms according to intangible asset intensity.FindingsGoodwill, intellectual property and other rights, start-up costs or other intangible assets are significantly correlated with stock prices when Italian accounting standards were applied prior to 2005, whereas research and development expenditures are not associated with stock prices. The mandatory IFRS adoption has exerted positive effects only for goodwill and research and development expenditures, and it is negative for start-up costs. Further, when intangible-intensive firms are considered in the post-IFRS adoption period, declining value relevance exists relative to intellectual property and other rights or research and development expenditures; goodwill and other intangible assets increase in value relevance.Research limitations/implicationsThis study is subject to country-specific determinants and firm-specific characteristics. It treats accounting standards as exogenous, and the classification reflects the concentration of intangible assets in an industry. By relying on investors’ assessments of risk, it does not sufficiently explore the risk conveyed by future abnormal earnings and earnings volatility.Practical implicationsThis study offers insights for measuring and reporting intangible assets, by specifying that their value relevance depends on their level and aggregation.Originality/valueThis study investigates the value relevance of intangible assets in the post-IFRS period, in reference to intangible-intensive firms. It also divides intangible assets into several classes to specify the value relevance of goodwill.


Author(s):  
Lorenzo Petretto

For some years now the Universities have assumed a dynamic role in fostering the enhancement of enterprise, making a direct contribution to the strategic management of intellectual property and the transfer of research deliverables, as well as in the training of potential entrepreneurs and the creation of structures offering support to new enterprises. Through the elaboration of empirical evidence from two quite different and hardly comparable institutional contexts – the American Babson College and the Italian University of Florence – this study analyses the potential activities of entrepreneurial matrix, in terms of relations, resources and incentives, offered for the use of young businesses in the start-up phase.


Author(s):  
Олександр Бутнік-Сіверський

The author researches and substantiates by generalizing the scientific points of view improving the legal regulation of the created science parks on the initiative of higher education institutions and / or research institutions, taking into account the economic and legal prospect of intensifying their activities. National and foreign experience of scienceparks activity is considered. The content of using the founding agreement on creation of a science park and the agreement on partnership of business entities with a science park is provided. Problems that have not yet been resolved in the process of creating science parks and using innovative developments are noted. The classical content of entrepreneurship in innovation is provided and considered from thestandpoint of clarifying the content of the innovation structure, which is based on the commercialization of intellectual property rights by their types, which is a part of the intellectual capital cycle with a corresponding effective result. There is substantiated the procedure of formation of the statutory capital of the science park, to which higher educational institutions and / or scientific institutions cannot use intellectual property rights to the objects, created at the expense of budgetary funds, but can only under the conclusion of a license agreement with business entity,having non-state and state form of ownership as transferred assets, which does not require the alienation of the object of intellectual property rights as part of intangible assets. It is proposed to use the target budget funds as the initial start-up capital, which is provided on reverse terms to the state budget in case of closure (liquidation) of the science park by the decision of the founders or on the basis of a court decision. Alternatively, in the absence of target budget funds, it is proposed as a source of money to contribute to the statutory capital of the science park as a start-up capital to send part of the special fund of the state budget. It is justified the creation of a technology transfer office, which will be a structural unit of higher education institutions and / or research institutions, which will deal with the process of filing and reviewing a patent application and subsequent licensing. It is noted that the science park can be the founder (co-founder) of small innovative enterprises and enter into partnership agreements with them for the implementation of certain innovative projects.


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