Universities as a Small Business Technology Partner (Making Technology Happen)
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Transcript of Universities as a Small Business Technology Partner (Making Technology Happen)
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Universities as a Small Business Technology Partner (Making Technology Happen)Dr Brian MergelasPresident and CEOThe Pressure Pipe Inspection Company
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OutlineLife before PPICWhat do we do? History of collaboration (Queens University)Observations
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Life Before PPIC
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Pipetronix XHRNeed a willing partner
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PPICs Impact on the Water Sector
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PPIC Services10th anniversary50 Employees in Mississauga, Phoenix, Dallas, Atlanta
ReservoirSurface WaterWater TreatmentWell FieldPPIC
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RFTC Inspection of PCCP
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Strategic Pipeline MonitoringVarious Sensor TypesDetects active deterioration (PCCP)Third Party DamagePossibly leaks
HIGH RISK areas
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History of Technology Partnership between Queens and PPIC Industry Identified ProblemStart Up of PPICFunding of Research CollaborationResearch Projects
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Start UpQueens/ Atherton (right of first refusal)PatentEquity PositionLicenses agreement (Atherton; Queens)
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Funding of ResearchNSERC (Strategic/ CRD)AWWARFPrecarn; SDTCIn kind Support (PPIC and Partners)
In general its about leverageWe dont have the money our clients do
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CollaborationEquipment; personnelTransfer of people to PPICEngineering Thesis topicsReal World ProblemsScholarshipPapers
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Research ProjectsQueensFinite Element AnalysisCoupled Circuit AnalysisTechnology limitationsElectrolytic SimulationsPPICData AnalysisPipe Specific ConsiderationsUncertainty/ AccuracyInstrumentation and Delivery Systems
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Myths about Technology Transfer
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There is a big difference between a good idea and a businessSalesMarketingOperations ProductionDistribution/DeliveryHuman ResourcesFinance
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The Innovation Chain
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Choices for a University ProfessorResearch for research sakeWork with industry partner to research interesting real world problemsStart a business to commercialize idea(s) big slice of a small piePartner to see some rewards for innovation small slice of a big pie
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My Thoughts on Technology TransferMostly peopleEmployeesAdvisoryExchangesStartups (intimate) vs licenses (less so)Real World Problems vs. Fundamental Research
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Other Examples of Technology Transfer in ActionRyersonPenn StateUniversity of AlbertaUniversity of TorontoWaterloo (CATT)University of Arlington
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Summary Observations
Theres a big difference between and clever idea and a businessWe dont have the money, our clients doTechnology transfer is mostly about people NOT technologyWin-win-win means the professor benefits; the university benefits and the company benefits
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Thank You