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

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Commercialisation in the Go81 Inspiration, 99
Perspiration

• Charlie Day, Melbourne Ventures
• On behalf of the Go8 Directors Commercialisation
• May 2009

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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
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Intangible assets like IP are increasingly
important
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Its important for very real reasons
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Commercialisation activities at Go8 are becoming
increasingly mature

• Professional Staffing
• Dedicated funds with institutional support
• Diversity in approach
• Track record of success

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Increasing recognition that success is not just
about luck, but about consistent and persistent
execution
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We face many challenges

• Severe funding squeeze
• Uncertainty about the role of Government
• Uncertainty on the IP landscape
• An evolving commercial landscape

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Venture Capital in Australia
Source AVCAL
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What do we mean by Free
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Go8 Directors Commercialisation are working
together on a number of fronts

• Benchmarking of performance
• Informing the public debate on the appropriate
  role for Universities in a knowledge economy

We see a vital role for our group in helping to
deliver the economic dividend from increased
research funding