Session 4
Business development via Patent, Maturation, Licence,
Intellectual Property, Collaboration Agreement,
Confidentiality Agreement, Financing Tools for
Innovation
Closed innovation models and open
innovation, and the intersection of
the pathways…
…in the context of Valeo Management
INTERNATIONAL WINTER SCHOOL
Adding value to research, Transfer of Technology and Creation of
Spin-Offs
Sabin Boily, Ph.D.
President and CEO
Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Outline
• Closed Innovation/ Open Innovation
• Quebec University business arms (Sociétés
de valorisation universitaires du Québec
(SVU))
• The intersection of pathways
• Conclusion
2
Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Outline
• Closed Innovation/ Open Innovation
• Quebec University business arms (Sociétés
de valorisation universitaires du Québec
(SVU))
• The intersection of pathways
• Conclusion
3
Alexandria, Egypt, 23 november 2010
Innovation : definition
Closed and open innovation and their intersection
Innovation is distinct from an invention or discovery to the extent that it is part of
an application perspective. The Oslo Manual of the Organization for Economic
Cooperation and Development (OECD) proposed the following definitions:
«Technological innovation of a product implies the maturation/
commercialization of a product with improved performance to provide
consumers with new or improved services. Innovation of a technological
process means the development /adoption of new or significantly
improved methods of production or distribution. It can induce changes
affecting – separately or simultaneously – the materials, the human
ressources or the working methodologies»[1].
These definitions can be extended to service activities and to the organization and
marketing in the recent forms of innovation[2]. Innovation distinguishes itself from
research. The latter is defined in the manual of Frascati. Innovation today is at
the heart of political economy of all big countries.
Translated from http://fr.wikipedia.org/wiki/Innovation
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Closed Innovation
5
Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Innovation : fact
“...the world is becoming too fast, too complex and
too networked for any company to have all the
answers inside.”
Yochai Benkler, Yale University
6
Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Open Innovation: definition
Open innovation is…
« the use of purposive inflows and
outflows of knowledge to accelerate
internal innovation, and expand the
markets for external use of
innovation, respectively »
« a paradigm that assumes that firms
can and should use external ideas as
well as internal ideas, and internal
and external paths to market, as the
firms look to advance their
technology »
Alexandria, Egypt, 23 november 2010
Henry Chesbrough
The Godfather of Open Innovation
7
Closed and open innovation and their intersection
Open Innovation
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Closed Innovationopen
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Open Innovation: facts
In fact...
We must no longer base ourselves solely
and primarily on our own research to
innovate and also not just rely on our own
market!
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Outline
• Closed Innovation/ Open Innovation
• Quebec University business arms (Sociétés
de valorisation universitaires du Québec
(SVU))
• The intersection of pathways
• Conclusion
11
Alexandria, Egypt, 23 november 2010
Quebec University business
arms
Business development via Patent,
Maturation, Licence, Intellectual Property,
Collaboration Agreement, Confidentiality
Agreement, Financing Tools for Innovation
Alexandria, Egypt, 23 november 2010
12
Closed and open innovation and their intersection
Quebec University business
arms
• Our role:
 Transform idea into realization
 Change innovation into profit
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Quebec University business
arms
• To do so, we must select discoveries with
great potential
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Alexandria, Egypt, 23 november 2010
Illustration SOVAR
Closed and open innovation and their intersection
Quebec University business
arms
• Tackle the projects realistically
15
Alexandria, Egypt, 23 november 2010
Illustration SOVAR
Closed and open innovation and their intersection
Quebec University business
arms
• Aim to demonstrate and increase the
value
Facilitate the
Increase
the economic
value
transfer
Demonstrate the
technical and
commercial
feasibility
Business
development
Alexandria, Egypt, 23 november 2010
Illustration SOVAR
16
Closed and open innovation and their intersection
Quebec University business
arms
• Hence we participate in the optimization of
the process of added-value of the research
Fundamental Discovery
research
Demonstration
Lab scale
Demonstration
pilot scale
Alpha
prototype
Beta
Prototype,
tests
Production,
commercialization
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Alexandria, Egypt, 23 november 2010
Illustration SOVAR
Closed and open innovation and their intersection
Valeo Management L.P (Valeo)
Mission : Commercialize research results from
the following universities: UQAM, ETS, UQAR,
UQTR, UQAT, UQO and Concordia University
OTT
OTTs
Valeo
Market
Valeo
Market
Research
Business
development
Commercialization
Protection
Titles and rights
Development
Exploitation
Maturation
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Valeo Management L.P (Valeo)
Our procedure
•
•
•
•
Maturation
Technical
Commercial
IP
Left to do
• Demonstration
• Prototypes
• Tests
Evaluation
• Licence
• Equity
Transfer
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Valeo Management L.P (Valeo)
Our team
•
Sabin Boily, Ph. D. - President Director General
–
–
•
Duc Le Van, eng., MScA, MBA
–
•
Intellectual Property and licences
Lise Desrosiers
–
•
Micro/nanotechnologies
Natacha Mongeau, MBA
–
•
Telecommunications and microelectronics
Lotfi Chouanine, Ph.D.
–
•
Biotechnologies and neutraceuticals
Pierre Lamoureux, MSc
–
•
Biotechnologies and pharmaceuticals
Priyum Koonjul Ph. D.
–
•
Mechanics, enzymes, software, medical devices
Alain Richard Ph. D.
–
•
Business Development and seeking business opportunities
Physics, energy and chemistry
Finances and administration
Denyse Ste-Marie
–
Administrative assistant
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Valeo Management L.P (Valeo)
The division of our portfolio
Human and Social
Sciences (1,2%)
Life Sciences and
biotechnologies (26,6%)
New technologies of
energy and energetic
efficacy (5,6%)
Engineering (43,5%)
Information and
Communication
Technologies (23%)
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Alexandria, Egypt, 23 november 2010
Some examples of projets undergoing maturation
•
•
•
•
•
•
•
Renewable energies
Nanoparticles for biological detection
Communication system via satellite (VSAT)
Production of microalgae
Software for finding industrial designs
Microfluidic sensor
Procedure for epoxy nanocomposites
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Valeo Management L.P (Valeo)
Our spin-offs
• AngioChem (http://www.angiochem.com/fr/index.html )
– Vector for medication to cross the brain-blood barrier
– ISR (Intelligent Software Radio)
(http://www.isr-technologies.com/index.shtml )
– Software Defined Radio
• NutrOcéan (http://nutrocean.com/fr.html )
– Production of microalgae
• 3D Semantix (http://3dpartfinder.com/Default.aspx )
– Defining geometrical models
23
Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Valeo Management L.P (Valeo)
Closed and open innovation and their intersection
Outline
• Closed Innovation/ Open Innovation
• Quebec University business arms (Sociétés
de valorisation universitaires du Québec
(SVU))
• The intersection of pathways
• Conclusion
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Alexandria, Egypt, 23 november 2010
The intersection of pathways
Closed and open innovation and their intersection
Management of the intellectual
property
Réf : Susan E Cullen
page 27
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Alexandria, Egypt, 23 november 2010
Management of the intellectual property
• Research consortium model
• Strategic collaborations
• Collaborative agreements with research
institutions
• Open science
Réf : Jean-Nicolas Delage
pages 55-58
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
The intersection of pathways
The intersection of pathways
Closed and open innovation and their intersection
Valeo Management L.P. (Valeo)
We actively collaborate with:
• The other valorization societies in Quebec:
 Missions, consolidation of patents, mixed maturation
projets, joint licences...
• Consortiums of university research including:




Prompt (www.promptinc.org )
CRIAQ ( www.criaq.aero )
CRIBIQ ( www.cribiq.qc.ca )
Nanoquébec ( www.nanoquebec.ca )
• Collaborations with college centres for technology
transfer
• Strategic collaborations with all actors
 Financial and industrial
Alexandria, Égypte, 23 novembre 2010
27
Closed and open innovation and their intersection
Outline
• Closed Innovation/ Open Innovation
• Quebec University business arms (Sociétés
de valorisation universitaires du Québec
(SVU))
• The intersection of pathways
• Conclusion
28
Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Conclusion
For Quebec (SQRI 2010 – 2013)
 Adaptation of the policies and
programs to support innovation :
 Public research
 Industrial research and industrial innovation
 Business development, transfer and
intermediation
 Sense of a culture of innovation and
gouvernance
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Alexandria, Egypt, 23 november 2010
Closed and open innovation and their intersection
Thank You !
Any questions ?
sabin.boily@valeosec.com
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Alexandria, Egypt, 23 november 2010