An exploratory study of polytechnic-small-medium-enterprise (Poly-SME) technology transfer (TT) processes
Date
2014
Authors
Sim, T.S.
O'Connor, A.
Editors
Davidsson, P.
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Conference paper
Citation
Australian Centre for Entrepreneurship Research Exchange Conference 2014: conference proceedings, 2014 / Davidsson, P. (ed./s), pp.1063-1079
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Australian Centre for Entrepreneurship Research Exchange Conference (ACERE) 2014 (4 Feb 2014 - 7 Feb 2014 : Sydney, Australia)
Abstract
The paper draws on data of five in-depth interviews with managers of Small-MediumEnterprises (SMEs) who were involved in intellectual property (IP) transfer from one of the polytechnics. This initial study focuses upon IP licensing and collaboration in healthcare,information technology and electronics technology. Findings suggest that a polytechnic is generally understood as a public technology provider that could complement a SME as the coinnovator. Participants share the need for 2-way communication without fear of loosing the enabling confidential data. Either pull or push innovation model works well if the Poly-SME is connected through a reinforcing and complementary functional relationship. Royalty free period, IP co-ownership framework, simple IP valuation are recommendations that facilitate IP negotiations. Continuation of technical and know-how supports beyond the IP licensing contract is the most significant consideration for under-resourced licensees
Relevant secondary evidence suggests that the polytechnic sector is expected to produce less foundational knowledge, more translational knowledge in helping SMEs to bring commercial applicable products or services to the marketplace. Government of Singapore, in a typical triple helix innovation model, is providing the Poly-SME TT space with intermediation services, small project gap funding and larger research and development (R&D) funding.
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Copyright 2014 the authors