Overcoming Challenges in University TTO Creation: Practical Solutions
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Explore the interconnected personnel, legislative, financial, and mentality problems faced by universities in establishing Technology Transfer Offices (TTO), with feasible solutions like personnel training and clearer legal frameworks.
Overcoming Challenges in University TTO Creation: Practical Solutions
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Presentation Transcript
TTO Creation at a University: Problems and SolutionsYevgeny PokanevichFar Eastern State University Research and Education Center
The difficulties encountered by a university in the process of TTO creation are interconnected and practically inseparable
Personnel Problems • Lack of experienced University personnel • Experienced personnel requires high costs • Difficulties of integration with the existing mechanism of the university activity
Possible Solutions • Creating a domestic technology managers association • Training managers within the university, starting from student years • System of temporary employment • Maximum use of the university personnel resources
Legislative Problems • Ambiguity of the legal framework of the university commercial activity (the Law on Higher Education – the Tax Code) • Lack or inefficiency of IP commercialization mechanisms
Possible Solution • More specific definition of the university legal framework • Information support of R&D protection and commercialization • Tight control of observance of regulatory documents inside a university
Financial Problems • Start-up period costs • High taxes • Difficulty of attracting venture funds • High long-term credit rates
Possible Solution • Operative use of the university extrabudgetary funds • “Near-innovative”activity • Program of concessional university lending
Internal and External Mentality Problems • Insufficient understanding of TT by developers • Insufficient understanding of TT on the level of federal/regional authorities • Mistrust of TT
Possible Solutions • “Success history” • Information openness • Reliable partner image
Resume The critical factors of a university TTO success are the rector’s will and time