Content-type: text/html Downes.ca ~ Stephen's Web ~ Getting university IP to market: How Canada falls short

Stephen Downes

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The Canadian university system costs about $25 billion a year, writes the author, and yet net income from IP is only $15 million. "Getting technology to market is clearly not a big income stream for the typical Canadian university." According to one pundit, "a key barrier to greater university commercialization is Canada’s lack of an equivalent to the U.S. Bayh–Dole, or Patent and Trademark Law Amendments, Act. In essence, Bayh-Dole allows researchers to maintain control of intellectual property they have created through government-funded research." It's arguable; why build a spin-off company if you're not going to earn anything? Another pundit, meanwhile, focuses on the government's ability to pick and choose between winners and losers. And another "sees crucial gaps in the commercialization chain for Canadian university IP. 'There just isn’t the experience here or the knowledge of how that networking works, to commercialize out of university,'" he said.

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Stephen Downes Stephen Downes, Casselman, Canada
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Last Updated: Dec 25, 2024 07:58 a.m.

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