International R&D podcast 3: Equilibrium, academics and policies

Equilibrium, academics and policiesUnderstanding the position and dynamics of potential collaborators within a spectrum of academic technology research  – from the deeply fundamental through to application driven research – is extremely helpful when determining the best fit.

Setting up technology transfer transactions can be a minefield in which programs can fail, despite having excellent technology and market potential, because of the inability to agree terms.

This, the final instalment of three podcasts, draws on the international R&D management experience of Cameron Begley.

Allison Haitz discusses with Cameron Begley science and technology collaborations between industry and academia, in particular the idea that a dynamic equilibrium exists across this spectrum from pure science to applied technology. Academic groups will have a characteristic position in that equilibrium at any point in time but this can change given the appropriate management and flexibility. It is rare, however, for an academic group to focus across the entire spectrum at any one point in time.

“The challenge is to identify where an individual, team, group, or an institute sits within a spectrum of academic technology research and how it manoeuvres itself across that equilibrium,” remarks Cameron.

In particular, there are some subtle but crucial considerations when considering collaborations.

These include:

  • Assessing the institutional fit between potential collaborators
  • Technology transfer transactions

Policies are fundamental in all organisations and vary enormously.

Understanding the constraints of specific organisational policies versus preferences driving a collaborators position eases navigation through to agreement in this complex field. Creativity is an asset in these situations.

“Resilience is a necessary condition for success…” Cameron observes.

 

If you are having difficulties with the player above you can listen on Soundcloud here.

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