Should a university TTO be a wholly owned subsidiary of the university rather than a branch of the research office? Yes, says Tom Hockaday, managing director of Isis Innovation Ltd, the wholly owned subsidiary of Oxford University. Other models — such as internal TTOs and strategic partnerships with technology commercialization organizations — also can work, but “business people prefer interacting with a business on business issues,” explains Hockaday in a commentary published on the Isis Innovation website. “Good people can make any system work, and bad people can make any system fail,” adds Hockaday, noting that TTOs depend on the willingness of researchers to engage in the commercialization process and of senior university officials to support that process. In fact, one negative aspect of having a separate company is that it can “forget it is owned by a university. If the TTO starts showing off then the researchers will turn against it,” he cautions.
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Posted July 29th, 2009 under Tech Transfer
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