The Office of Research and Innovation’s Commercialisation team assists researchers in assessing their inventions for commercial potential, provides guidance on intellectual property protection, and helps with the process of translating a research outcome into a marketable product or service.
The team also assists with sourcing industry partners and negotiating contracts.
These could be simply for the general benefit of the community, although a secondary objective is to secure attractive long-term returns for the University that can be reinvested in research, and to also reward the inventor(s) financially.
The revenue stream generated from commercialisation can be a valuable mechanism for further investment into research and development.
In partnership with academia, business and investors, we work to promote the translation of research innovations into new products through advice and support for early-stage research and development.