The Business Case for Collaboration with Academia - Driving Innovation and R&D

JB McCarthy

Development Director

Financial Services Innovation Centre

UCC

Jb.mccarthy@ucc.ie

(086)1722255

Hello – is that the XYZ Research

Centre?

The Other View

• Service Industries • Governance, Risk and

Compliance • Software • Analytics • Cloud • Big Data • Finance • Payments • eLearning • ….

Is there a business case (Business)?

• Money to fund the R&D in business • Co-funding requirements? • Access to researchers in Ireland • Access to international researchers • Network with other SMEs or MNCs • Influence industry roadmap or standards • Medium / Long Term view • Possibility of IP • Enhance corporate profile locally/back to HQ

Is there a business case (Academia)?

• Reasonable application process, success rates • Money on its own is not enough • Avenue for engagement with industry partners • Access to equipment, test users, licenses etc • Build network with international researchers • Research data output • Real opportunity for academic publications • Funding for dissemination and conferences • Influence industry roadmap or standards • Possibility of IP • Build academic/research centre/institution profile

Framework 7, SFI, EI, IDA, “Direct”

• Framework 7 ending, Horizon2020 in 2014

• Big focus on SMEs • Strep, IP, CSA, ….

– No mandatory contribution but depends on programme / how competitive

• SFI CSET – Cash and in-Kind Contributions

from Industry

Call dates vary, contribution requirements vary, award sizes vary, total call budget varies, IP arrangements can vary, …..

FP7 Strep EI Innovation Partnership FP7 IP EI Innovation Voucher FP7 CSA

SFI CSET Horizon2020 IDA Technology Centre “Direct”

• Business Model

• Innovation workshops

• Product Requirements

• Prototypes

• Demonstrators

• Standards

• Public Events

• White Papers

Collaborate on what?