E601Presentation 20 3thecis.ca/wp-content/uploads/2016/05/Two-Stories-of-Innovation.pdfŠInternal...
Transcript of E601Presentation 20 3thecis.ca/wp-content/uploads/2016/05/Two-Stories-of-Innovation.pdfŠInternal...
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Two stories of Innovation
Corporative Prospective, Wi-LAN
University Prospective, TM Group @ NINT/UofA
Group Members
Alice Fischer
Milad Khaki
Sheng Hua Cai
Viktor Leontyev
Innovation 6011
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Outline , Wi-LAN
� Case Study Selection Process
� What does Wi-LAN do?
� Company background
� Early stages financing
� Commercialization barriers
� Wi-LAN’s business activities today
� Dr. Fattouche’s Recommendations
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Available Case Studies
� YEDA Research and Development Co.,Ltd
� University of Alberta Spin-offs¡ BioMS Medical Corp
¡ Isotechnika Inc.
¡ Chinook Multimedia Inc.
¡ Dynastream Innovations
¡ L & R Wang Enterprises
� University of Calgary Spin-offs¡ Oncolytics Biotech Inc.
¡ SagaTech Electronics Inc.
¡ Wi-LAN
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Founders of Wi-LAN
Michel Fattouche, PhD Hatim Zaghloul, PhD
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Michel Fattouche, PhD
� Current Positions ¡ Professor at Electrical Engineering Dept., University of Calgary
¡ CTO of Cell-Loc Location Tech. Inc.
� Patents and Industrial Activities:
Patents Co-founded Company
W-OFDM Wi-Lan (1993)
Super-Resolution Cell-Loc Inc. (1995)
Electronic Foods for Weight-Loss Electronic Dietary Food Inc. (2005)
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Wi-LAN – Business Activities
• Developing intellectual property
• Patenting inventions
• Harnessing the value of innovation
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Commercialization – Wi-LAN’s first steps
1. AGT¡ Filed the first patent
2. University of Calgary¡ Investigation and filing the next patent
3. UofC, University Technologies International (UTI)¡ Financial support to patent the invention
¡ “This is too much, we cannot prove it!!”
4. Fred Rogers¡ Birth of Wi-LAN company
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Early Stage Financing
¡Third Party Experience÷Fred Rogers as CEO and Financial Expert
¡Governmental Grants÷Provincial Government
÷Federal, IRAP (Industrial Research Assistance Program)
¡Personal Assets and Private Investors÷Family, Friends, Mortgages
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Barriers and Solutions
� Cisco, Intel, Broadcom and Atheros¡ Compete against Wi-LAN
¡ Refused to license Wi-LAN’s technology
� Solution, New CEO: Jim Skippen¡ Understanding the new technology
¡ Strong background in law
¡ His Good Reputation, Raised a lot of money
¡ Lawsuit against the big competitors
� Next Decision¡ Don’t compete! Focus on patents
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Hidden Barrier, Businessmen
� Internal Barriers, Hiring wrong management¡ Worth financial problems
¡ Firing won’t be easy!
� Strategy for success, Hiring strong management¡ Increased financial resources
¡ Solving legal competition problems
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Wi-LAN’s Main Business Activities Today
� Over thousands Patents
� Protecting Inventors from Big Companies¡ Purchasing new patented technologies
¡ Patent Infringement Protection
� The top 100 companies on stock exchange
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Wi-LAN’s Current Challenges
� Private vs. Institutional Investors
� Proxy Fights¡ Professionals vs. Inventors (as co-founders)
� Patent Selection Process¡ Inventive and Innovative!
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Dr. Fattouche’s Recommendations
� Stick to one company
� Be close to standards
� Be Patient!
� Who is a good CEO?
¡ Inventor, Businessman, Lawyer…
� “Licensing the Technology” or “Owning a Company”
� Your share of a company
� Hiring and Firing!
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On the other side, TM Group
� Innovation through the collaboration with industry
� To compete companies must do research and development
� Small companies can not afford R&D
� But even big companies need fundamental research
� Scientific modeling is an important part of research stage
� Companies need fundamental academic outsourcing
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Theory and Modeling Group NINT/UofA
� Multi-scale modelingMolecular dynamicsQuantum mechanicsNanocatalysisAnd other
� Theory development
� Software development
� Material design
http://www.cein.ualberta.ca/research/kovalenko/
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Corporate connections
� Xerox
� Ballard
� Automotive fuel cell cooperation (AFCC)
� Centre for oil sands innovation (COSI)
� Scientific computing and modeling (SCM)
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Corporate connections - Xerox
� Focus - new polymer materials development
� Result – 4 patents
� What is not patented becomes Xerox trade secret
� Byproduct – new method
� Byproduct – publications
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Corporate connections
Ballard & AFCC¡ Fuel cells
¡ Catalysis
COSI¡ Bitumen upgrading
¡ Nanacatalysts rational design
¡ Financed by Imperial Oil
SCM¡ ADF computational package
¡ AMBER molecular dynamics package
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Pros and Cons
� Benefits for the University Group¡ Financial support¡ Can hire more researchers (currently more than 20 in TM Group)¡ Patenting becomes Easier
� Benefits for the Corporations¡ Even small corporations can have benefits of scientific research¡ Fosters innovations¡ Cost efficient
� Drawbacks¡ Corporations are not interested in pure science¡ Trade secrets can not be published¡ Corporations are very specific on the choice of group’s employees
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Acknowledgments
� Dr. Michael Fattouche
� Dr. Cooper Langford
� Ben Li
� Martha Cote Ball
� Anne Tyrie
� Dr. Andry Kovalenko
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Questions?21