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Friday, May 16, 2008
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Accelerating Commercialization & Market Access of Portuguese S&T

University Technology Enterprise Network (UTEN) commercialization activities will help incubate and accelerate global marketing of Portuguese knowledge-based start-up and established firms and prepare young entrepreneurs and technology managers to be competitive in the global knowledge economy. Emphasis will focus on company growth by providing strategic advice and access to new and emerging markets in the United States and worldwide and by exploring the possibility of incubating and accelerating the growth of Portuguese technology-based start-up firms. This will require entrepreneurship and commercialization training. Forms of collaboration need to be developed through specific programs that involve faculty, students, and industry experts with valuable experience and technological specialization in the fields concerned.

UTEN technology commercialization fellowship and internship programs will enhance Portuguese commercialization and entrepreneurship know-how by focusing on technology industry sectors that have the greatest potential for job and wealth creation for Portugal. In general, Portuguese university graduates and entrepreneurs lack opportunities to obtain hands-on experience in world-leading technology companies. While UTEN will promote university interaction with US industry in Austin, Texas and nationally, an equally important activity will be to accelerate the universities’ and Portuguese industry’s interaction and market access internationally. In an effort to afford such opportunities for selected Portuguese talent, UTEN will launch the Technology Fellowship and Internship Program (TIP) with leading international public and private institutions and companies to offer value added know-how concerning technology/knowledge entrepreneurship, marketing, and management.

This internship program will, whenever possible, be instituted collaboratively with IC² Institute and The University of Texas at Austin and seek a broad range of industrial and academic partners. There will be a special focus on “career development programs” in particular industry sectors. Initially internships will be targeted for highly educated Portuguese scientists and practitioners to work in commercial settings in Austin, Texas (including global firms) and over time in other US and worldwide locations. This training will utilize state-of-the-art models and concepts of innovation and entrepreneurship and will emphasize business development for the targeted industry sector.

The internships could be from 3-months to over a year in duration depending on industry realities and the desires of the participating companies and interns. The activities of each participating intern will be monitored by IC² Institute, UT-Austin via regular contacts with the participating company and the intern. Interns will be required to write quarterly reports on their work and progress. On completion of an internship program the interns will return to Portugal to transfer their S&T commercialization know-how to colleagues in Portugal.

Overall UTEN Objectives

Assist in the formation of spin-out /start-up companies by identifying competitive technologies and introducing them to the US and international markets through training, internships, and network building

Focus on US market access and business development by using industry sector experts

Promote joint business ventures in the US and internationally

Research structures and processes for industry-university collaboration, from funding specific researchers to S&T consortia including:

  • Sharing best practices between corporate (commercialization) professionals and academics
  • Researching how different models for collaboration may shape different expectations on the part of key players and therefore harbor different criteria by which success can be defined and evaluated
  • Devising metrics for university-industry collaborations that will assist the Portuguese government in granting funds such as knowledge transfer grants linked to specific outcomes. Given the increased prevalence and importance of university-industry collaborative research partnerships it is important that corporate managers, university scientists, and decision makers better understand how to evaluate these endeavors in terms of the causes for successful or unsuccessful partnerships. Quantifiable metrics for such private-public collaborations are difficult to devise; however, they are important to assess the impact of governmental funding as well as for benchmarking for universities and corporations engaged in such collaborations.

Leveraging the benefits of Portugal’s existing incubators and science and technology parks as integrated environments for the growth of companies

Having participating Portuguese universities demonstrate the increased importance of knowledge transfer for wealth and job creation and societal impact through educational benefits, workshops, conferences, and publications as well as the creation of wealth and jobs, and career development

Gaining financial benefit for participating universities to help:

  • Fund knowledge transfer activities and research
  • Sustain the universities ability to commercialize internally developed research

Establishing gateways and networking for clients that want access to university expertise and/or technical services and/or reinforcing existing structures that already undertake such functions

Promoting the improvement and sharing of university policies that affect knowledge transfer to commercialization, such as intellectual property concerns including patenting and financial gains for faculty and the university

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