For mutual inspiration and stimulation

Power of Research Dinner Talk

October 2010 Phillip Allen

University-Business Partnership

AGENDA

Introduction –Phillip Allen

Why Management Matters

What Businesses Want

How MGSM can partner

Phillip Allen MGSM Partnership Institute Manager

Prior Experience Research Manager Think Tank ABF

Technology Analyst IDC

Education PhD Australian Graduate School of Management

Thesis – IT Management and Innovation

Masters eCommerce - Deakin University

Economics Degree - University of Newcastle

Why Management Matters

The Global Financial Crisis

Long-Term Growth and Prosperity

Australian Productivity 1964-2005

Productivity isn't everything, but in the long run it is almost everything Paul Krugman

Innovation

Productivity Management

Efficiency

Doing things better

Doing better things

 There is a strong positive relationship between good management practices and firm productivity.

Better Management and Productivity

Four thousand firms across sixteen countries

Australian Management and Best Practice

What Do Business Want?

Four Vital Roles in the Knowledge Economy

Educa&ng  People  •   Training  skilled  undergraduates,  graduates  &  postdocs  

Increasing  the  stock  of  ‘codified'  useful  knowledge  •   Publica6ons  •   Patents  •   Prototypes  

Providing  public  space  •   Forming/accessing  networks  and  s6mula6ng  social  interac6on  •   Mee6ngs  and  conferences  •   Hos6ng  standard-­‐se@ng  forums  •   Entrepreneurship  centers  •   Alumni  networks  •   Personnel  exchanges  (Internships,  faculty  exchanges)  •   Visi6ng  commiIees  •   Curriculum  development  commiIees  

Problem-­‐solving  •   Contract  research  •   Coopera6ve  research  with  industry  •   Technology  licensing  •   Faculty  consul6ng  •   Providing  access  to  specialised  instrumenta6on  and  equipment  •   Incuba6on  services  

What Businesses Want

0 10 20 30 40 50

Non-exclusive licensing of university held patents

Exclusive licensing of university held patents

Innovation-related expenditure spent on uni

Recruitment at post doctoral level

Testing and standards

Joint R&D projects

Problem-solving/consulting by university staff

Publications

Conferences

Internships

Recruitment at first degree or Masters level

Informal contacts

Global Average

What Australian Businesses Want

0   10   20   30   40   50   60  

Exclusive licensing of university held patents

Non-exclusive licensing of university held patents

Recruitment at post doctoral level

Testing and standards

Innovation-related expenditure spent on uni

Publications

Problem-solving/consulting by university staff

Joint R&D projects

Conferences

Internships

Recruitment at first degree or Masters level

Informal contacts

US/UK  average  

Australia  

Innovation

Productivity Management

Efficiency

Knowledge

Collaboration

Management Practices and Productivity

Collaboration and Knowledge – Open and Global

The World is Flat

The World is Spiky

The    

Scientific Citations

The Geography of Innovation Just a few places produce most of the worlds innovation

How MGSM Can Partner

Recognising the Differences

University Motivation 1.  Financial Support 2.  Practical side of research 3.  Fulfil service mission 4.  Identify relevant problems 5.  Broaden student and faculty experience 6.  Employment opportunities for students 7.  Enhance regional economic

development

Business Motivation 1.  Access expertise 2.  Innovation and competitive advantage 3.  Students as potential employees 4.  University ‘objectivity’ 5.  Branding, recognition and PR 6.  To expand external contacts 7.  To ‘give back’ to the university

University-Industry Research Partnerships: Motivations for Collaboration (Scricca : 2006)

Money, Relevance and Mission Ideas, Connections and Skills

University-Business Interaction

Key Challenge: Raising the interest and breaking down the difficulty of interacting with universities.

The Lambert Review The main challenge for the UK is not about how to increase the supply of commercial ideas from the universities into business. Instead, the question is about how to raise the overall level of demand.

NESTA In some cases, this lack of demand may be because there are no benefits to be gained from collaboration. However, it is mostly because the process of interacting with the university is unnecessarily difficult or the benefits are not well understood.

The Partnership Institute

Linkage mechanism to bring MGSM and business together

Next steps Produce roadmap for active partnership with a variety of organisations Financial model for funding and support Timetable for implementation

Mapping the Connections

Knowledge Transfer Involves People

Knowledge exchange through bringing people together

However . . . Economic Contribution of MGSM

Especially important to local region because of stability Source of employment and local demand Produce skilled workforces and transfer knowledge through graduates Part of innovation ecosystem as knowledge source Anchor for clusters of businesses and network builder Create an industry identity

My Contact Details

au.linkedin.com/in/phillipallen