Technology Commercialization Making Ideas Reach to Market TwoDay

Technology Commercialization – Making Ideas Reach to Market Two-Day Workshop Technology Commercialization – Making Ideas Reach to Market Institute of Research Promotion Central Plaza, Suite # 11, Floor, 7, Barakat Market, New Garden Town, Lahore, Pakistan 1

Are You? Facing difficulty in finding economically potential idea? Interested to learn how to assess economic potential? Willing to plan and execute your idea into product and service? Looking for the effective partnership skills Interested to protect and manage your intellectual property Interested to get maximum return from sale of your technology Technology Commercialization – Making Ideas Reach to Market 2

Objectives To make researchers understand life cycle of technology development and commercialization To enable researchers get maximum financial reward for their technology To make researchers understand IP, IP Policy, IP commercialization and exploitation To develop researchers as skillful to deal with industry, funding agencies and other stakeholders to enjoy maximum support for their projects Technology Commercialization – Making Ideas Reach to Market 3

Who should Attend? Ph. D and MS Students Scientists, Researchers and Faculty Members R&D Managers ORIC Staff R&D and Technology Consultants IP Lawyers and Consultants Technology Commercialization – Making Ideas Reach to Market 4

Session 01 - Enabling Environment for Technology Management Importance of technology cycle, transfer framework and how to manage the environment to succeed along with various partners at various phases. Session 02 - Industrial Fit of Technology Participants will learn how environment affect the technology decision and help in success and failures. Session 03 - Planning and Execution of Technology Project Technical Sessions The participants will learn how to ensure that technology qualifies all the requirements of investors and end users at the end. Session 04 - Managing IP for Technology The participants will learn practical tips and guidelines on how to use IP to maximize financial gains from technology. Session 05 - Selling your Technology The participants will learn negotiation, turning technology into business and how successfully implementation brings higher amount of revenue in technology sale. Session 06 – Production of Technology Product – Challenges Technology Commercialization – Making Ideas Reach to Market The participants will understand the challenges of production environment and how to help industry succeed in this phase of technology development. 5

Concept based presentations Workshop Methodology Case Studies Activities Workshop Discussions Technology Commercialization – Making Ideas Reach to Market Videos 6

Enabling Environment for Technology Management Technical Session 01 • • Technology Eco System and Dealing with ORICs /TTO Technology Transfer Framework Economic Cycle of Technology Project Role of Partners in Technology Development Stages The technology success is very much linked with the environment around. The scientists having good understanding how to play with environment have higher chance to get it commercialized. The scientists will understand importance of technology cycle, transfer framework and how to manage the environment to succeed along with various partners at various phases. Technology Commercialization – Making Ideas Reach to Market 7

Industrial Fit of Technology Technical Session 02 • Understanding The Context and Environment • Understanding the Target Industry • Understanding The Influencers – Regulators, Social Activists, Taxes and Duties etc • Understating the Competition and Trends The end users of technology are the industry that consists of producer, users, suppliers and traders. The biggest challenge of technology is to get accepted in the industrial environment. The participants will learn how environment affect the technology decision and help in success and failures. Technology Commercialization – Making Ideas Reach to Market 8

Technical Session 03 Planning and Execution of Technology Project • Economic Analysis of Technology • Technical Qualification of Technology • Competition and Growth Trends • Planning Technology Entry • Crafting a One Page Business Plan The technology development process misses lot of things that causes failures at the end. Our experience of managing technology projects urges to identify these bottlenecks during the development process. The participants will learn how to ensure that technology qualifies all the requirements of investors and end users at the end. Technology Commercialization – Making Ideas Reach to Market 9

Managing IP for Technology Technical Session 4 • • Dealing with University IP Policy Understanding IP Stakeholders and Partners Designing Effective Protection Modes Drafting Technology Disclosure – CDA Writing Patent Draft Filing Patent Drafting Technology Contract The benefits to scientists, institutions and team are ensured by effective management of IP. The stronger IP protection presents the higher likelihood of earning more money from the technology. The secret of technology monetization lies in the IP management. The participants will learn practical tips and guidelines on how to use IP to maximize financial gains from technology. Technology Commercialization – Making Ideas Reach to Market 10

Technical Session 5 Selling your Technology • Maximizing IP Value • Strategies for Earning Maximum Revenue • Effective IP Negotiation • Distribution of Technology Income • Converting Technology into Business – Tech-Business Fit • Technology Diffusion and Implementation The commercialization of technology is the great art nicely managed by professional technology transfer officers (ORIC in Pakistan). The better understanding of scientists about technology selling tactics helps to win better technology deals. The participants will learn negotiation, turning technology into business and how successfully implementation brings higher amount of revenue in technology sale. Technology Commercialization – Making Ideas Reach to Market 11

Technical Session 6 Production of Technology Product- Challenges • Raw Material Selection • Lab Scale Challenges in the Universities • Pilot Scale Challenges in the Industry • Production Scale Challenges in the Industry The investors understand the business and financial gains out of business instead of technology. All the eyes are stuck at the production stage as technology success depends on successful consistent and sustainable production. Here number of disciplines and expertise interact and affect the technology fit with production set up. The participants will understand the challenges of production environment and how to help industry succeed in this phase of technology development. Technology Commercialization – Making Ideas Reach to Market 12

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Researcher Development Guide Ability Knowledge retrieving capacity Governance Organizational skills Tech transfer Pride of performance Technology Commercialization – Making Ideas Reach to Market 15

Assessment & grooming Participants will be assessed via Scoring matrices as per international guidelines and frameworks Technology Commercialization – Making Ideas Reach to Market 16

The Resource Persons Dr. Hamid Malik Mr. Rahmat Ullah Eng. Hasham Ahmed Naveed Ashraf Dr. Zaffar Mehmood The resource persons are the academicians and practitioner of entrepreneurial science. They are actually involved in the process of technology transfer, industry linkages, technology management, patenting and assisting academia professors to create great impact with science. Technology Commercialization – Making Ideas Reach to Market 17

Commercialize Your Technology……. . be the Leader !!!!!!! Technology Commercialization – Making Ideas Reach to Market 18

Born To Inspire Get the Technology Secure and commercialize……. . Contact: Mr. Yasir Ammar trainings@irp. edu. pk The Technologists!!!!!!! Technology Commercialization – Making Ideas Reach to Market 0300 -4610317 19