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Commercialising Engineering Research in Australia Jean Armstrong

Summary: Commercialising Engineering Research in Australia
Jean Armstrong
Dept of Electronic Engineering, La Trobe University
ABSTRACT: This paper describes some of the steps in commercialising engineering research in
Australia. The experiences of the author in patenting her research and taking steps to commercialise it are
described. The patenting process is outlined. Possible ways to make money from a patent, include
licensing the patent to a large company or creating a start-up company. Practical information about both
of these approaches is given. The role of the varying funding sources available in Australia is explained.
Would-be entrepreneurs are often required to give presentations or `pitchs' to potential investors. The
role of the `pitch' is described. A number of recommendations about how universities could remove
some of the barriers to commercialisation, such as the emphasis on published papers in promotion criteria,
are given.
KEYWORDS: innovation, industry partnerships
In 1997 research at La Trobe University resulted
in a new digital modulation scheme which
removes some of the limitations of current
modulation schemes. This has the potential to
form the basis of better high-speed digital
communication systems. The new technique is a


Source: Armstrong, Jean - Department of Electrical and Computer Systems Engineering, Monash University


Collections: Engineering