Technology Transfer - Overview
Chinese HEIs, especially the top Chinese "211" universities, are fast becoming world leaders in technology innovation supported by Chinese central and local governments which have heavily invested in science parks and incubators supporting spinouts. Chinese HEIs and companies are equally as keen to exploit overseas high-tech markets as their UK counterparts to exploit the vast markets in China.
ICUK aims to become a repository of expertise in UK-China technology transfer and assist UK/Chinese scientists in commercially exploiting their joint technology:
- ICUK will develop 'Lambert-style' joint IP development and exploitation framework agreements applicable to ICUK funded projects. Sample templates and documentation will also be made available to organisations outside ICUK to aid dissemination of best-practice.
- ICUK will appoint dedicated bi-lingual project managers to support local staff to identify and progress projects. This will include identifying market opportunities, business planning, approaching industrial users as well as, importantly, further leveraging R&D funding from private and public sources.
- ICUK will create an investors' forum as an integral part of its structure and operation. The investors' forum will engage venture capitalists (VCs) and other investors with potential ICUK projects early on and promote technology-based start-ups for investment.
