The Annual Meeting of the RSAI – The Israeli Branch, Tel-Aviv University , January 10, 2010
Some Observations on The Israeli Knowledge Commercialization Model David Mendlovic Faculty of ...
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Some Observations on The Israeli Knowledge
Commercialization Model
David Mendlovic
Faculty of Engineering, Tel Aviv University
http://www.iap.tau.ac.il/2
David Mendlovic (PhD) – Short Curriculum Vitae • B.Sc. and Ph.D. degrees in EE from Tel Aviv University, Israel• Erlangen University, Germany as a MINERVA postdoctoral fellow• Full Professor of electro-optics with Tel-Aviv University• More than 200 technical articles, 2 books, 3 book chapters, and
more than 40 patents all of them have been commercialized• The 1998 winner of the ICO (International Commission of Optics) Award• Few patents became worldwide technology standards • Founder of successful opto-electronics startup companies (e.g. , ) , ) and served as their CEO• 2008 - 2010: Chief Scientist of the Israeli Ministry of Science and Technology • Co-Chairman of the German – Israeli Foundation (GIF)• Chairman of the Industrial Affiliates Program (IAP) of TAU Faculty of
Engineering
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Agenda
• R&D in Israel:• National level – My Ministry of Science and Technology experience• University level – Tel Aviv University and RAMOT• Faculty level – IAP
• My personal experience:• Licensing by the University• Founding a company with the University• Activity which is not connected with the University
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R&D In Israel:
National level – My Ministry of Science and Technology experience
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Academia
Science Products
Industry“Development Gap”
Bridging the “Development Gap”
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BASIC RESEARCH
Several funding resources mainly in
Universities and research institutes
STRATEGIC RESEARCHThe well known
“Gray Zone”
APPLIED RESEARCH
Min. of Economy andCommercial companies
Research in Israel – Mind The Gap
"Strategic Research - the Connecting Link"
Directed R&D
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Directed R&D• Better use of the national
resources• Adequate to a small nation• Creates critical mass
The Dilemma of Directed Research
Influencing the R&D fields via INFRASTRUCTURES (manpower & equipment)
Free R&D• Maximizes the creativity• Keeps academic freedom• Enables dealing with more
fields
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Strategic Planning NCRD
•Implementation of long term national priorities•Recommend structural changes for improving the R&D in Israel•Budgetary recommendations•Operational recommendations to the various R&D organizations
StudyRecommendations
and Implementations
Definition of National R&D Strategy
•Analyzing the SWOT•Define long term national R&D strategy•National level discussions regarding priorities•Propose academy-industry interface and IP handling
•SWOT of the Israeli R&D•Studying the various R&D organizations and their contribution•Studying the academy-industry interface•Establishing information data base of scientific connections •Comparison of Israeli R&D to other developed countries•Locating & updating the information of the binational and multinational R&D agreements
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Examples Nano technology Alternative energy Bio information Gene cell therapy Stem cells Telecommunication
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R&D Value Chain
Where?
Ministry of Economy
VCs and other investment funds
Market penetration & creation of value
Industry
Industry
Ministry of Science
AcademyBasic Research(ISF, BSF, GIF,…)
Academy
Academy/Industry
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43%31%4%
5%2% 15%
MOIT
MOSTAgric.Energy
ISF
Others
Pie Of Governmental R&D Investment
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R&D In Israel:
University level – Tel Aviv University and RAMOT
TEL AVIV UNIVERSITY
From Discovery to Commercialization
TAU PROVEN INNOVATION ENGINE
>$150,000,000ANNUAL INVESTMENT in R&D
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TAU PROVEN INNOVATION ENGINE
RESEARCH PROJECTS1,800ANY GIVEN TIME
!
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TAU PROVEN INNOVATION ENGINE
ACTIVE PATENT FAMILIES588ALREADY LICENSED30%NEW ISRAELI COMPANIES~40
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IN THE PAST 5 YEARS>50%
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Ranked14th in the world in scientific citations (right below MIT)
TAU PROVEN INNOVATION ENGINE
RAMOTRamot is a leading technology transfer company committed to transforming Tel Aviv
University (TAU) technologies into products having a positive impact on society.
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Technology TransferUniversity-industry technology transfer is the process of moving research results from the laboratory to the marketplace
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Technology Transfer Process
ResearchEnterprise
ResearchInnovation Discovery
EvaluationDevelopment
PatentingMarketing
Business Development
Licensing
RevenuesResearch
ContractManagement &
Enforcement
10 Years2-3 Years
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Deal Models and Revenue Strategies
TAU holds IP Fees and Milestones
payments
Research and Development Agreements
Funded by companies, Israeli government Licensing Deals
Licensing of IP, know how to an existing company
New venture formation / Spin-offs
Licensing of IP to the start-up company
Running Royalties Equity participation
40% TAU 40% Inventors 20% Further research
PROVEN TRACK RECORDHigh quality of research& successful commercialization
SELECTED PATRNERS
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Technology Transfer Process
ResearchEnterprise
ResearchInnovation Discovery
EvaluationDevelopment
PatentingMarketing
Business Development
Licensing
RevenuesResearch
ContractManagement &
Enforcement
10 Years2-3 Years
Bringing Ideas to Life and Accelerating Israeli Innovation
suggested funding model
TEL AVIV UNIVERSITY
Technology Innovation Momentum Fund
STRATEGY AND STRUCTURERaises $20 million in committed capital
Managed by Ramot, on behalf of the Partnership, the dedicated business development and technology transfer arm of TAU
No management fees will be charged.
All revenues from licensing / commercialization activities will be allocated between TAU and the LP’s
Targeted annual IRR > 10%!; Life expectancy >15 years
An Israeli sister-company is created by Ramot to serve as the General Partner of the Momentum Fund
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R&D In Israel:
Faculty level – IAP
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Industrial Affiliates
ProgramThe Iby and Aladar Fleischman
Faculty of Engineering
For more info, please contact us at . . .industry@tauex tau ac il
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Faculty of Engineering: Facts• 101 Faculty members• 2200 undergraduate students• 1000 graduate students• Research institutes:
• The Max and Betty Kranzberg Institute for Electronic Devices • The Wolfson Applied Materials Research Center • The micro & Nano Fabrication Facility (TAU-MNF)• Advanced Communication Center (ACC)• The Yitzhak and Chaya Weinstein Research Institute for Signal Processing • The Stephan Meadow Fund for Experimental Aerodynamics • The Gordon Center for Energy Studies • The Ela Kodesz Institute for Cardiac Physical Sciences and Eng. • The Nicholas and Elizabeth Sleazak Super Center for Cardiac Research and Medical Engineering • The Bertold and Sonia Badler Research Fund for Technological Development in Cardiology • The Tamara Glanz Research Fund in Visual Technology • The Harold Tanenbaum Fund in Biomedical Engineering
Dean of Faculty
Biomedical Engineering
Material Engineering
Mechanical Engineering
Electrical Engineering
Systems
Physical Electronics
Industrial Engineering
Admin
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IAP: Vision and MissionVision• Collaborative partnership for competitive advantage:
Academia and Industry Working Together!Mission• Promote, facilitate, and enhance dialogue and cooperation
between the Faculty of Engineering and industrial peers, to stimulate and generate progress in both sectors
• Provide a platform for industrial peers to engage with the Faculty in research, development, knowledge transfer, academic curriculum and talent recruitment
• Activate knowledge transfer (by )
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Industry – Academy Partnership
Outstanding ResearchRelevant
Excellent
Academic Freedom
ProductsIP
Know How
HR
Implementation ToolsMutual
Research Visibility Flexibility Ramot
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RecruitingEducation
Involvement in Faculty agenda
Research and Development
Visibility
IAP Program Benefits
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Industrial Services
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My personal experience:
Licensing by the UniversityAdvanced Barcode Scanner
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• As part of my PhD activity, a patent for forming a beam with extended confinement was applied and approved
• The patent was engineered to a product in the lab based on NRE payment from Symbol and later approved by Symbol
• RAMOT owns the patent
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Resolution(MIL)
LS-3408 FZ LS-3408 ERTAU
Technology7.5 13” 20”20 27” 94”55 84” 180”70 Cannot scan 365”100 Cannot scan 540”
The Unfair Advantage
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• Symbol signed a licensing agreement with Ramot for using the know how and the patent
• Symbol is the world wide leader in barcode scanner• Symbol integrated the technology in most of its products – Approx.
650,000 devices per year• Motorola acquired Symbol while ago
Licensing By RAMOT
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My personal experience:
Founding a company with the University ISeeing Beyond The Limits
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• Together with my PhD student Gal Shabtay we developed a proven technology for digital auto focus
• RAMOT applied 2 patents • The patents were assigned to a new
startup that I founded with Gal• RAMOT hold a certain stack in Eyesquad• TAU approved me on-leave vacation for
serving as the CEO of the company• After a year acquired • RAMOT liquidized its shares in the
company
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מצלמה סטנדרטית
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-Autoמצלמה Focus
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3m
20cm
1.5m
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3m
20cm
1.5m
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8MP - 4 Handsets: 30M Units5MP – 25 Handsets: 260M Units
3MP - 30 Handsets: 240M Units
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My personal experience:
Founding a company with the University IIEnlightening Solutions
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WideNarrowFixed
Transponder
Laser
Module
OpNextJDSU VitesseTriquint
AgilitySantur
BookhamIolon
Princeton OptronicsBW9
OCPIntel
Kodeos
DFB lasers
Temperature tuning DFB
lasersDBR
Value Chain
Free-Light FL-TT-10G
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My personal experience:
Activity which is not connected with the University
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<6mm thick
• While serving as a Chief Scientist, the engagement with TAU was freeze (to avoid conflict of interests)
• I gathered the former Eyesquad team and founded Corephotonics• TAU has no claims to Corephotonics• The Vision - Enable DSC performance in smartphones
with affordable solutions
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Thank You Contact Information:
Prof. David Mendlovic, Chairman of IAPTel: +972-3-6408245 | Cel: +972-54-5614101 | Email: [email protected]