Mr' Anderson Lim BBANUS, BPMG, LLMUKProgressing

1
Mr. Anderson Lim ??? BBA(NUS), BPM(G),
LLM(UK)-Progressing

• Short Introduction of NUS
• What we want to achieve
• Actual situation (Successes and failures)
• My views on the situation
• Personal proposal
• Effective IP commercialization
• Technology Incubation
• Technology Business Incubation
• Conclusion

2
National University of Singapore

• Top 3 universities in Asia
• Ranked 18 in the world
• Faculty of Engineering ranked 8th in the world.
  One of the best technology universities in the
  world
• Multi discipline university. Focus on research

3
What we want to achieve

• Technology Commercialization
• INTRO
• NUS Enterprise
• Faculty of Engineering Technopreneurship
  Incubation Centre

4
Actual technology Entrepreneurial situation

• Staff initiated projects
• Staff/student initiated projects
• Student initiated projects.

5
Actual Successes

• Staff (High Technology)
• --Moderate success to BIG success
• Staff/student (High-Medium Technology)
• --Moderate to no success
• Student (Low Technology)
• --no success to BIG success

6
My views

• Successful businesses need real entrepreneurs
• Good technology not equal to good business
• Good academic background not equal to good
  business
• Academics generally not good to do business

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Proposal How University can make use of its
technology to assist incubator

• Focus on technology research
• Strong industry relation
• Strong University and student relations
• Promote entrepreneurship
• Promote Universitys technology capability (let
  entrepreneurs see potential)

8
Effective IP commercialization

• Clear policy
• - Profit sharing between university and
  incubators
• - risk factors. Who share the most risk such as
  cost of Patent?
• - long-term. How to manage long term commercial
  benefits of the IP
• - How to award the Universitys researchers and
  professors to do commercial viable research.
• - How to let the Universitys researchers and
  professors work with the incubators
• - How to encourage the Universitys researchers
  and professors to startup.
• Clear communication of policy
• Understand the industry

9
Technology Incubation

• Conceptualizing a new technology
• Doing prototype during incubation
• Normally researcher motivated startup
• Normally University still pays the researchers as
  staffs.
• Not popular
• -Constraints
• -Not true entrepreneurial startup
• -Not flexible

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Technology Business Incubation

• Startup by entrepreneurs
• Owned the technology skills or the IP already.
• More focus on commercializing the product or
  technology.

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Conclusion

• Promote entrepreneurs
• Find real entrepreneurs
• Work with industry and entrepreneurs
• Clear policy how to work with industry and
  entrepreneurs.

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The End

• Thank you for your attention