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FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION POLICIES TO FACILITATE THE SET-UP OF UNIVERSITY SPIN-OFFS: THE EXPERIENCE OF INESC PORTO

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FROM KNOWLEDGE PRODUCTION

TO SCIENCE-BASED INNOVATION

POLICIES TO FACILITATE THE SET-UP OF UNIVERSITY SPIN-OFFS: THE EXPERIENCE OF INESC PORTO

MISSIONMISSION

INSTITUTIONALINSTITUTIONAL

• To undertake R&D activities in

specific areas generating

internationally competitive

science and technology

• To act as an effective interface

between the university and

companies, public institutions and

services, through contract

research, technology transfer,

specialized consulting and

advanced training

• To actively contribute for the

development of the Portuguese

science and higher education

system and promote its

continuous adaptation to societal

needs

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

1. Broad Areas of Research and Technology

Development

COMPETENCIESCOMPETENCIES

Telecommunications and Multimedia

Software Engineering and Information Systems

Power Systems

Manufacturing Engineering Systems

Electronics and Optoelectronics

Innovation Management and Technology Transfer

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

2. Interfacing between University and Companies,

Public Institutions and Services

COMPETENCIESCOMPETENCIES

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

Contract Research

Technology Transfer

(Licensing, spin-off launching, people ...)

Specialized Consulting

Advanced Training

HUMAN RESOURCESHUMAN RESOURCES

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

Steady increase in the number of post-docs and foreign professors

0

50

100

150

200

250

300

350

2004 2005 2006 2007 2008

Evolution by Human Resource type 2004-2008

Invited researchers

Other trainees

Paid trainees

Unpaid trainees

Scholars

Contracted

University and Politechnic staff

FINANCINGFINANCING

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

Base funding from government is multiplied four times through competitive project funding and contract research

0

1.000.000

2.000.000

3.000.000

4.000.000

5.000.000

6.000.000

7.000.000

8.000.000

2004 2005 2006 2007 2008

Total Income by Year 2004-2008

Services to HES and other income

National Base Funding

National Projects

European Projects

R&D Contracts

19%

NATIONAL AND INTERNATIONAL PARTNERSHIPSNATIONAL AND INTERNATIONAL PARTNERSHIPS

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

European

Programs

National

Programs

Contract

Research

• Industrial Companies

• Utilities (Energy, Telecoms)

• Services

• Public Administration

- government agencies

- regional development

agencies

- local administration

- regulators

- hospitals

• University, Research Centers,

Technological Centers

• Industry associations

CO

NT

RA

CT

S

CO

NT

RA

CT

S

20

07

20

07

As well as its relevance and impact

BUSINESS MODELBUSINESS MODEL

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

The institution’s internal organizational structure

favours the integration of multidisciplinary

expertise as well as the integration of academic-

driven scientific research and technological

development with specific problems and needs

from external sectors of economy.

PEOPLE AND EXPERTISEPEOPLE AND EXPERTISE

BUSINESS MODELBUSINESS MODEL

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

Funding Agencies

Other ResearchGroups

Technology and Systems Providers

Research

Development

INESC PORTO

End Users (Industry)

ConsultancyDemonstration

TrainingR&D Projects

Tech Transfer

ProductsServices

New Companies(spin-off and spin-out)

Entrepreneurship

ProductsServices

R&D ProjectsTraining

KNOWLEDGE VALORISATIONKNOWLEDGE VALORISATION

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

LAB

PROTOTYPE

INDUSTRIAL

PROTOTYPE

FIRST

SALE

COSTVALUE /

INTEREST

TRADITIONAL RISK CAPITAL

SPECIALISED SEED CAPITAL

KNOWLEDGE VALORISATIONKNOWLEDGE VALORISATION

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

LAB

PROTOTYPE

INDUSTRIAL

PROTOTYPE

FIRST

SALE

COSTVALUE /

INTEREST

EXTRA VALUE

EXTRA INVEST.

KNOWLEDGE VALORISATIONKNOWLEDGE VALORISATION

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

R&D Results:

Ideas

Concepts

Lab. Prototypes

Technologies

Knowledge

Etc.

Credible Business Plan

• Industrial prototype

• Market analysis

• Certifications

• Etc.

• First sale

• Funding (risk capital, traditional

funding products)

• Incubation

• Sustainable project

(Bankable)

• Licensing to an existing

company or launch new

company

Efficient and effective:

fast; low-cost, etc.

• Specialized

• Focused

• Funded

(seed/venture)

• Specialized unit /

University departments

• Interface

organizations

• Large companies

• Science parks

KNOWLEDGE VALORISATIONKNOWLEDGE VALORISATION

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

• To execute this stage (moving from ideas to business plans), a set of

special and specialized skills is needed. It’s necessary to combine

the specific scientific knowledge and technology, targeted markets, the

establishment and deployment of science- based companies, IPR

management, etc.

• To do it effectively and efficiently, the organizations need to master

and integrate these skills, or otherwise the process becomes too long

and too expensive. Physical proximity between team members is also

very important at this stage.

• The time and resources needed to cover this stage depend

heavily on the area. Typical values for IT projects have an average

duration of 3 to 12 months and a cost that varies between 25 and 50K€.

For example, in the pharmaceutical area, these values are completely

different.

LETLET--In: INESC PortoIn: INESC Porto’’s INCUBATION SERVICEs INCUBATION SERVICE

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

LET-In is a service unit

that offers mentoring, coaching, technological and business consultancy, supporting the development of technology- based entrepreneurial projects related to the institution’s core areas of competence.

LETLET--In: INESC PortoIn: INESC Porto’’s INCUBATION SERVICEs INCUBATION SERVICE

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

LETLET--In: INESC PortoIn: INESC Porto’’s INCUBATION SERVICEs INCUBATION SERVICE

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

LETLET--In: SPINIn: SPIN--OFFS 2007/2008OFFS 2007/2008

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

COMPANIES

YEAR OF FOUNDATION

ACTIVITY

Tomorrow Options 2007 Devices to diagnose diabetic foot

Xarevision 2007 Corporate TV and Digital Signage

Audolici 2008 High quality audio systems

Next to You 2007 Network services

SmartWatt 2008 Energy efficiency (ESCO)

• Since 2007, 19 proposals were received, 12 passed to the

evaluation phase and 5 companies were launched.

SPINSPIN--OFFSOFFS

MXF and GXF based tools for multimedia content

applications

- launched in 2002 (UTM)

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

SPINSPIN--OFFSOFFS

Structural Monitoring Systems

– launched in 2003 (UOSE)

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

FS 6200 - STRAIN

polyimide

weldable

composite

embedded

FS 4X00 - BRAGGMETER

4100

1 channel

4200

4 channel

1, 5, 100, 200 S/s

• FS is one out of

10 world players

• Huge emerging

markets in

construction, oil

and energy

SPINSPIN--OFFSOFFS

Corporate TV and Digital Signage Networks

– launched in 2007 (UTM / USIC / UITT)

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

InIn--Store Virtual Shop AssistantStore Virtual Shop Assistantspeech synthesis

touch-screen

barcode/RFID

stock integration

shopper interaction

real-time video

helpdesk

price checker

CD listening post

DVD trailers

SPINSPIN--OFFSOFFS

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

Medical Devices

– launched in 2007 (UITT)

SPINSPIN--OFFSOFFS

Audio Hi-Fi Systems

- launched in 2007 (UITT)

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

SPINSPIN--OFFSOFFS

Energy

- launched in 2008 (USE / UITT)

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

Business Process Management

- launched 2008 (UITT)

Network Solutions

- launched 2008 (UTM / UITT)

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

INESC Porto Researchers

External Researchers – people with technologies and ideas in our areas of

competence

Entrepreneurs – people with business skills that enable them to find and

explore technologies

Creativity, Knowledge

And Drive

.... LET-In

OUR CLIENTSOUR CLIENTS

FROM KNOWLEDGE PRODUCTION TO SCIENCE-BASED INNOVATION

THANK YOU !

JOSÉ CARLOS CALDEIRADirector

[email protected]