As an industry-focussed centre of research and innovation excellence, the Centre’s research program framework has an emphasis on applied research. The research program is expected to generate commercially valuable outcomes and commercial-ready intellectual property (IP) as a core asset. The effective commercialisation of IP is fundamental to realising benefits to Centre stakeholders, and therefore significant attention is dedicated to this activity.
Commercialisation Advisory Committee
The Centre’s Commercialisation Advisory Committee provides high level advice on commercialisation strategy and potential developments to the CEO and the Commercialisation Manager. However, all financial decisions remain with the Board and the Board has final approval of any commercialisation strategy.
The Centre’s Commercialisation Manager reports progress to the Commercialisation Advisory Committee on IP management, identification of projects with commercial potential, negotiations with strategic partners, and the development of commercialisation plans.