Technology Transfer Strengthening Initiative

Contact person 
Terry O'Brien
Institution 
South-East Regional Authority (SERA)
E-mail 
terry.obrien@southtippcoco.ie
Country 
Ireland
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Innovation instrument(policy)
What are the following keywords/priorities which better fit the instrument/policy?  
Knowledge Transfer (contract research, licences, research and IPR issues in public/academic/non-profit institutes)
Indicate the country from which the instrument (or policy) is 
Ireland
What is the title/name of the instrument/policy? 
Technology Transfer Strengthening Initiative
Indicate the target group/beneficiaries of the instrument/policy 
Higher education institutions (education function)
Higher educations institutions research units/centres
New technology based firms/new knowledge intensive service firms
What is the aim/objective? 
Building of a national tecenology transfer system Boost interaction between industry and higher education institutions Commercialisation of research Access to intellectual property Increase no. of spin-outs
Give an overview of the instrument 
A scheme which supports new company creation and the transfer of intellectual property between higher education institutions and industry. Means of developing third-level research into new spin-out companies and of enabling the licensing of new technologies for the benefit of industry. The Technology Transfer Strengthening initiative represents a coordinated national approach to technology transfer in partnership with the higher educational institutes, with the key priority of creating spin-out companies from State investments in academic research. In 2007 Enterprise Ireland established a new Department called the Technology Transfer Exploitation Network to manage the 230 million Technology Transfer Strengthening initiative. In addition to managing the direct support to the Technology Transfer Offices in the higher educational institutes described in this publication, the Technology Transfer Exploitation Network team in Enterprise Ireland delivers other supports in a focused, centralised way to ensure the technology transfer system in Ireland develops in a coordinated and cooperative manner. Supports include customised training events to ensure the highest professional standards of technology transfer practice are adopted in the Irish higher educational system system. Performance data is regularly collected and compared with information on international trends to set targets and continually track how we measure up against other countries and regions.
What is the date of creation of this instrument? 
Monday, January 1, 2007
Is the instrument/policy still active? 
Active
Identify the main outputs/results (quantitative and qualitative) of the implementation of this instrument 
The clearest indicator of the initiatives' success is the three-fold increase in the average number of spin-out companies created in the five-year period since it was introduced - rising from an average of seven per annum in the period 2002-2006 to an average of 24 per annum between 2007 and 2011. In addition to the 120 spin-out companies created, there has also been a 400pc increase in the amount of technologies licensed to companies by research-performing organisations. Over 750 invention disclosures, more than 390 patents filed, 130 deals between companies and researchers to licence new technologies
What is the co-financing/maximum rate allowed by the instrument/policy (if appl.)? 
A €22m initiative, €5.5m per annum from 2013-2016
Is this instrument/policy linked to a KT practice? 
Yes
The country which implemented this practice 
Ireland