Calls for new models for commercialising university IP

Michael Biercuk writes in The Australian about his issues with the traditional university ownership model around IP, and the chilling effect it has on commercialisation. The reward structure that once made sense for licensing well-formed and packaged IP is struggling in the age of the spin-out, where academic teams and founders need to be highly motivated to continue working on their projects in order for ventures to succeed. Matū is pushing for increased awareness about this at all of the universities in New Zealand – while we have seen some resistance, some of the universities are agreeing that a new model is needed in order to attract good investment money into new ventures.

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