Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Groups join global Technology Transfer Network

Media Release

New Zealand university commercialisation groups join global Technology Transfer Network

New Zealand - 26 November 2008 - Commercialisation groups from three New Zealand Universities; AUT University’s AUT Innovation and Enterprise, The University of Auckland’s UniServices and University of Waikato’s WaikatoLink have been named as new members of the Technology Transfer Network (TTN), a collaborative alliance of technology transfer offices formed to enhance the effectiveness of technology transfer to industry.

The Singapore-headquartered Technology Transfer Network allows members to leverage one another’s experience in various industries and different geographical regions, share best practice and resources, and collaborate on networking opportunities to enhance their technology commercialisation and innovation efforts globally. The network offers members IP cluster mapping, training and certification of TTO professionals, joint marketing and events and technology advisory services.

TTN, founded in February 2008, has twenty two members across Asia, United States, Canada, Europe and New Zealand, including angel investors, venture capitalists and research institutes.

Mr Jonathan Kirkpatrick, Chief Executive, AUT Innovation and Enterprise, AUT University's business development and commercial arm said, “AUT Innovation and Enterprise has had strong links in Singapore for a number of years. Through these contacts a number of our start up companies have accessed markets, technology development capability, distribution networks and capital in various parts of Asia. We are delighted to be affiliated to the Technology Transfer Network and look forward to working collaboratively with the other members to the benefit of everyone involved.”

Mr Mark Stuart, Chief Executive, WaikatoLink Limited, the University of Waikato’s commercialisation company, added, “We work globally so connectedness, visibility and effective knowledge exchange is vital. The Technology Transfer Network will expose us to new contacts and collaboration partners which will lead to new market opportunities. TTN also provides a great platform for members around the world to exchange local knowledge on areas such as IP protection, investment and commercialisation. We also look forward to sharing best practice with the other network members, as we collectively work to strengthen the technology transfer industry”.

Dr Peter Lee, Chief Executive, Auckland UniServices Limited, the commercialisation company of The University of Auckland, said, “Our organisation looks forward to a productive partnership with the Technology Transfer Network and its members. The network and its growing global presence is a symbol of the increasingly flat and frictionless world in which we do business. We look forward to sharing our technologies, businesses, practices and markets with our counterparts around the world”.

The new members were announced yesterday in Singapore at the inaugural TTN Innovation and Enterprise Forum (IEF) where organisations from around the world gathered to share best practices about incubation, translational research and technology transfer. Mr Martin Harvey, the High Commissioner of New Zealand in Singapore attended the ceremony.

– ENDS –

© Scoop Media

Business Headlines | Sci-Tech Headlines


BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>

Serious Fraud Office: Commences Enquiries Into Allegations Of COVID-19 Wage Subsidy Fraud
The Serious Fraud Office has commenced a number of enquiries into alleged abuse of the Government’s COVID-19 Wage Subsidy. Director Julie Read said the allegations relate to multiple complex cases of potential fraud that have been referred to the agency following extensive investigations ... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>

Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>

Transpower: Releases Independent Report Into Events Of August 9
Transpower’s Chief Executive Alison Andrew has today released an independent report into the grid emergency of August 9 when insufficient generation was available to meet demand, leading to some customers being disconnected... More>>