Commercialisation Process - ITEK - The Commercialisation Company of the University of South Australia
Commercilisation Process
Most research requires additional support, funding, business, legal and financial experience to successfully develop and bring to market. ITEK utilises a commercialisation process geared towards readying the technology for market entry as each stage of the process is passed.
In broad terms, a new technology or idea progresses through the following major phases:
Process Details
Click on the stages on the image on the left to view details
At this stage the technology has been licensed, a JV or Start-up company established and the technology transitions out of the University and into the market. At this stage ITEK manages any License or JV deal or takes a board position on a Start-up company to assist in its growth. ITEK may also provide legal services, management, governance and accounting support to the Start-up company.