The Entrepreneurial University: Closing the gap between Science and Commerce?

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1 The Entrepreneurial University: Closing the gap between Science and Commerce? Business Creation and Entrepreneurship Tromsø University Business School, University of Tromsø Professor Lene Foss Innovation Center, Stavanger Octobre 6th 2010 Motivation for the theme Involved in eduacting entrepreneurs (bce.no) Collaborating with actors in the innovation system experiencing the different cultures (academia, R & D institutions and industry) Academic entrepreneurship - new field of research does it offer me any guidelines? Writing a book chapter for Johnsen, H.Ch. G and Ennals, R. Creating collaborative Advantage, Gower

2 Climate change Unspoiled Nature On Top of the High North The Demand for Oil & Gas East Meets West Clean Food A Cure for Cancer? Entrepreneurial research university University Incentive system Intermediar y agents Status Location Policy Experience Entrepreneurial activity Culture Defined role & identity Faculty Technology Source: Rohaermel,.F. et. al

3 From science to business Commercialisation of research Established research based firms (spin offs) Radical innovations, extended development process Involve many actors, the researcher (inventor) is often not the one who commercializes the product Why should universities become entrepreneurial? Changed expectations in the society Fulfill the third mission change agent Contribute to innovation

4 An innovation driven economy need entrepreneurs Weak results on traditional indicators for research, technology and innovation Few new products from Norwegian firms last three years Innovation driven economy: need many new firms to obtain economic effectiveness and growth Falling tendency, less interest in the population to create new firms Opportunity entrepreneurs, not necessity entrepreneurs Lowest rate in Scandinavia Low growth rate Kilde: GEM rapport (2008 Why commersialize research? Exploit research s potential in the market Develop competence based work places Norway need more diverse industry Global responsibility make the world a better place to live

5 ProBio Nutraceuticals AS (established 2000) 70 employed i Norway: Tromsø (24), Andenes (38), Båtsfjord (8) On top in Norway on health foods Leading actor on dietary supplement High competance on essential fat acids (omega-3) and antioxidants MediPharmia OY 30 employed in Finland Gelkaps GmbH 160 employed in Tyskland Where are the academics? Kilde: NIFUSTEP. Rapport 34/ Kilde: NIFUSTEP. Rapport 34/2007

6 Ph. D men Kilde: NIFU-STEP(2009) Doktorgradsstatistikk Ph d. women Kilde:NIFUSTEP (2009) Doktorgradsstatistikk

7 Basic research From idea to knowledge available for everybody Research does not need to have a «user» Research is given away for free Publish for the academic community The researcher owns the idea Survival strategy: Publish or perish From research to business From idea to sell a product/technology on the market Research has to be useful First mover with idea and product To make business of research earn money Protect the invention patenting Survival strategy: Patent, then publish

8 The university industry interface as an collaborative arena Interactions (university industry) Intermediates (TTOs) Motives (faculty) TTONord/ Norinnova R & D institutions Inventor- UiT BCE -student Commercializing Industry

9 Collaboration. as coordination of interest as reaching a common understanding.as pragmatic - conformity Faculty s motive Academics is all about credit and the credit only comes to those who have peer reviewed articles... Commerce has to do with property and stock. A patent is a smple part of the tool kit of the capitalist for doing business...they are not objects of scientific truth. (informant in Owen-Smith and Powell (2001)

10 TTO an intermediary The recent increase in university- industry technology transfer, managed through TTO, has led to a rise in the incidence and complexity of research partnerships involving universities and firms. This has led to a considerable tension and ineffciency in university management of intelectual property. That is not surprising sinceformal university management of a portfolio of intelectual property is a relatively new phenomenon, so we are still in a learning phase regarding «best practice» (Siegel et. al 2003) Educate tomorrows entrepreneurs Sucessfull model from Chalmers, University of Gothenberg, 10years experience 27 established businesses, value 27 mill. Euro Tromsø: 240 international applicants - screen and choose 12 students each year Pilot started

11 Norge Finland Hviterussland Ukraina Serbia Pakistan Nepal Mexico Jordan Thailand Nigeria Iran Botswana Programme structure Term 10 ects 10 ects 10 ects First term (autumn) BED-3025 Intellectual Property Strategies BED-3024 Design of technological innovations and markets BED-3028 Venture Creation Second term (spring) BED-3029 Idea Evaluation and Strategy BED-3035 Commercialization and Internationalization BED-3034 Culture and ethics in business development Third term (autumn) BED-3031 Entrepreneurial Financial Management BED-3030 Entrepreneurial Leadership and Networking Optional course Fourth term (spring) Master thesis

12 IDEAS Marine /medical biotechnology Space/earth/satellite Health/telemedicin Fishery /aquaculture technology Renewable energy Cold climate technology GLOBSAR AS (BCE 2008) Spin-off from Norut and BCE Globsar operates within the area of earth surveillance by use of radar satellite images Targets a worldwide market Expecting its first sale during fall 2010 Msc in BCE: Frano Cetinic (CEO), Joakim Botha and Andreas Nilsen (consultants)

13 VALUE IN THE TECHNOLOGY Survey surface heave in areas connected to onshore petroleum extraction and mining. Example of other application areas Survey illegal harvesting of rainforest Infrastructure monitoring Biomass mapping Integration with seismology and electromagnetism due to modularity in software technology The Few Touch Diabetes Diary BCE 2009 Application for smartphones with wireless connection with a glucose meter, for Type 2 diabetics. Records blood glucose levels, activities and food intake. The 5.9% of the world s population that has Type 2 Diabetes is the potential market.

14 Development and commercialisation Developed by: BCE team work with the commercialisation: Päivi Salminen, Bsc. International trade, Finland Roshani Dhungana, Bsc and Msc Economics, Nepal John-Fredrik Solberg, Bsc. Fishery science UiT D Liver (BCE 2009) Inventor at the Departement of Medical Biology Big cost savings for the pharmaceutical industry BCE- team Marsil Andjelov Al- Mahamid (Serbia): Bachelor in Industrial Management Mari Nilsen (Norway): Master in Fishery Science Tage Skotvold (Norway): Master of Research (Music Technolgy)

15 Challenges? Cultural differences between institutions New students groups and new study programs challenges the established Relations and trust necessary to build collaborative advantage The entrepreneurial university - integrating science and commerce Creating a new kind of knowledge shaped in the interface academia-industry New institutional and organizational frameworks? Collaboration: can it move beyond coordination of interests, to reach a common understanding? «Internship» for academics in research based businesses commercialize research as an alternative to sabbatical?

16 The true sign of intelligence is not knowledge, but imagination A. Einstein Morgengry Foto: Lene Foss

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