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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