british library innovation commons presentation with stefan lindergaad
DESCRIPTION
The Innovation Commons http://www.bl.uk/bipc/aboutus/news/openinnovationhe.htmlTRANSCRIPT
A space that is held in common, by IP generators and IP exploiters...
1
Brian McCaul
The Solution to a Problem...
Ideas Management Cash
Scaling Business Development
The FundingGap
InnovationValidation
IP Rich Platform Spinouts
High-value Licence Deals
Lower-growthSpinouts
Knowledge-basedBusinesses
StudentEnterprises
Template Licence Deals
‘Free IP’ deals
Social Enterprises
A B
‘Impact’ Long Tail of Knowledge Transfer
IP Rich Platform Spinouts
High-value Licence Deals
Lower-growthSpinouts
Knowledge-basedBusinesses
StudentEnterprises
Template Licence Deals
‘Free IP’ deals
Social Enterprises
A B
‘Impact’ Long Tail of Knowledge Transfer
Too early to know what will be a hit
IP Rich Platform Spinouts
High-value Licence Deals
Lower-growthSpinouts
Knowledge-basedBusinesses
StudentEnterprises
Template Licence Deals
‘Free IP’ deals
Social Enterprises
A B
‘Impact’ Long Tail of Knowledge Transfer
Too early to know what will be a hit
Non-hits in aggregate might bemore valuable
IP Rich Platform Spinouts
High-value Licence Deals
Lower-growthSpinouts
Knowledge-basedBusinesses
StudentEnterprises
Template Licence Deals
‘Free IP’ deals
Social Enterprises
A B
‘Impact’ Long Tail of Knowledge Transfer
Too early to know what will be a hit
Non-hits in aggregate might bemore valuable
The full tail demonstrates the full range of impact
To allow Commercial Knowledge Transfer to ‘have its cake & eat it...’
Validation“Old management methods are not up to the task. Planning & forecasting
are only accurate when based on long, stable operating history and a relatively static environment. Start-ups have neither...
Delay prevents start-ups from getting the feedback they need”
1 Project 2 Incubation 3 Validation
Early ValidationBefore
Now
1 Project 2 Incubation 3 Validation
3 Project2 Incubation1 Validation
Early ValidationBefore
Now
ResearchDevelopment Tech transfer
CommercialisationMarket Entry
Valley of Death
Profi
t / L
oss
time
Angel Funding...
EIS & SEISAngel Co-Fund
Angel Funding...
EIS & SEIS
Angel Accelerator
Angel Co-Fund
But...
Tech More Complex
But...
Tech More ComplexEven Earlier & Riskier
But...
Tech More ComplexEven Earlier & RiskierWithout Leadership
But...
Tech More ComplexEven Earlier & RiskierWithout Leadership
But...
TSB/Grant Angel & VC
Crowd
Launchpads
Ideal fitNext?
Better����������� ������������������ Matching?OUtsourcing����������� ������������������ Grant����������� ������������������
Effort?Optimising?
Finding����������� ������������������ Angels?Syndicating?
Filter����������� ������������������ &����������� ������������������ make����������� ������������������ Ready?
Campaign����������� ������������������ tactics?
Filter����������� ������������������ &����������� ������������������ make����������� ������������������ Ready?
Filter����������� ������������������ &����������� ������������������ Entrepreneur����������� ������������������ Lead?The����������� ������������������ right����������� ������������������ crowd?
Not����������� ������������������ Easy! Messy!
New!
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
CROWDFUNDING
Ideas Management Cash
Scaling Business Development
The FundingGap
InnovationValidation
www.theinnovationcommons.co.uk
@Brianamc
£0
£1,000,000
£2,000,000
£3,000,000
£4,000,000
£5,000,000
£6,000,000
£7,000,000
£8,000,000
£9,000,000
£10,000,000
2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Under-optimisation of Licence Income
£0
£1,000,000
£2,000,000
£3,000,000
£4,000,000
£5,000,000
£6,000,000
£7,000,000
£8,000,000
£9,000,000
£10,000,000
2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Under-optimisation of Licence Income
Cambridge
£0
£1,000,000
£2,000,000
£3,000,000
£4,000,000
£5,000,000
£6,000,000
£7,000,000
£8,000,000
£9,000,000
£10,000,000
2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Under-optimisation of Licence Income
Cambridge
UCL
£0
£1,000,000
£2,000,000
£3,000,000
£4,000,000
£5,000,000
£6,000,000
£7,000,000
£8,000,000
£9,000,000
£10,000,000
2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Under-optimisation of Licence Income
Cambridge
Oxford
UCL
£0
£1,000,000
£2,000,000
£3,000,000
£4,000,000
£5,000,000
£6,000,000
£7,000,000
£8,000,000
£9,000,000
£10,000,000
2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Under-optimisation of Licence Income
Cambridge
Oxford
UCL
Queens