Commercialisation in the Go8: 1% Inspiration, 99% Perspiration

1. Commercialisation in the Go8:1% Inspiration, 99% Perspiration Charlie Day, Melbourne Ventures On behalf of the Go8 Directors Commercialisation May 2009

2. Introductions Charlie Day University of Melbourne Mark Bennett University of NSW Robert Chalmers University of Adelaide David Henderson University of Queensland Rod Hill Monash University Peter Isdale IMB Com Victor Pantano Australian National University Isaac Shariv University of Sydney Andy Sierakowski University of WA

4. Intangible assets like IP are increasingly important

5. It’s important for very real reasons

6. Professional Staffing Dedicated funds with institutional support Diversity in approach Track record of success Commercialisation activities at Go8 are becoming increasingly mature

7. Increasing recognition that success is not just about luck, but about consistent and persistent execution

8. Severe funding squeeze Uncertainty about the role of Government Uncertainty on the IP landscape An evolving commercial landscape We face many challenges

9. Venture Capital in Australia Source: AVCAL

10. What do we mean by “Free”

11. Benchmarking of performance Informing the public debate on the appropriate role for Universities in a knowledge economy Go8 Directors Commercialisation are working together on a number of fronts We see a vital role for our group in helping to deliver the economic dividend from increased research funding