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Faculty of Management Sciences

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Author: search.filters.author.Bansi, RamikaHas files: Yes

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    Commercialization of university innovation in South Africa
    (2016) Bansi, Ramika; Dorasamy, Nirmala; Harris, Geoffrey Thomas
    Globally, commercialization of university innovation has increased and gained in interest by universities, industry and politicians. The idea of marketing innovation produced by universities is the practice embraced in most advanced economies. However, government’s investment in R&D have not generated the anticipated return. A gap has been identified between innovation developed from publicly financed research and the failure to convert these findings into tangible outcomes. This thesis reports on an investigation of the reasons for the current low rate of commercialization of innovations at South African universities, with a view to increasing this rate. From a survey of intellectual property and technology transfer (IP&TTO) managers and interviews with individual innovators, the main contributory factors were found to be a lack of support from university management, insufficient incentives for innovators, limited access to funding opportunities, institutional bureaucratic regulations and an inefficient system of decision making with regards to intellectual property. Accordingly, the critical measures which can be modified in order to build university IP&TTO success are senior executive support for innovation and commercialization activity, a greater share of financial rewards to individual innovators and a streamlined decision making procedures concerning intellectual property assets. University, government and industry executives need to demonstrate genuine support for research and innovation development activity over the long term, allocate the necessary resources required for its success, and implement a long term strategy for intellectual property.
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    Intellectual property management and protection : low intellectual property registration at universities : a case study of the Durban University of Technology
    (2012-11-19) Bansi, Ramika; Reddy, Karunanidhi; Chetty, Soobramoney
    The purpose of this study was to investigate the low rate of registration of IP rights such as patents, trademark and design rights at the DUT, through a survey conducted with the academic research staff. Managing IP at a University of Technology today has new dimensions with the implementation of the IP Act 51 of 2008. Stimulation of the development and commercialization of technology within South Africa may benefit the country and its citizens. The knowledge economy indicates that research, development and innovation are fundamental prerequisites for achieving and maintaining competitiveness and sustained growth. The researcher undertook to explore reasons for low IP registration as a means to increase such activity at the DUT. This study adopted both the qualitative and quantitative methodologies with questionnaires distributed to full-time academic staff in selected departments. Factors that contributed to the gap between academic research and intellectual property registration were examined. This study investigates activities relating to patent registration, as well as the academic performance of researchers at DUT. The literature reviewed indicated that factors affecting low intellectual property right activities at the DUT may be a lack of awareness, implications of the ownership provisions, funding and an effective institutional arrangement for the management of intellectual property. This study identified strengths and weakness of DUT‟s IP management system. It is envisaged that the findings of the study will contribute to increasing IP registration at the DUT, in particular, and other UoT‟s in general. Low IP registration can be attributed to lack of understanding and awareness of the ownership provisions of the IP Act. The study highlighted lessons to be learned from universities in other countries and how the DUT‟s system can grow into an efficient and effective means of promoting national innovation and economic growth. In an increasingly global world, the ability to invent, design and manufacture goods and services that people want is more vital to our future prosperity than ever.