AgorIP presented at Helsinki UIIN conference
July 10, 2019
On behalf of AgorIP, Professor Kelvin Donne recently attended the annual University-Industry Interaction Conference in Helsinki, Finland, to present a paper on the AgorIP Project. The University Industry Innovation Network (UIIN) conference brings more than 500 managers, practitioners and researchers in the field of entrepreneurial universities, collaborative innovation and university-industry interaction. Now in its seventh year, the three day conference is one of the largest in this field.
A paper on the AgorIP project was selected for presentation at one of the world’s largest university-industry interaction conferences, held this year in Helsinki, Finland. The paper, entitled “Open for Business – Open Innovation Technology Transfer in a Peripheral Region”, was co-authored by Dr Gareth Davies, AgorIP Project Director Dr Gerry Ronan, Professor Mike Williams and David Bolton and presented by Mr Bolton and myself.
It highlighted the significant impact that AgorIP has had supporting and stimulating commercialisation of new product and process concepts, particularly for the healthcare and medical market. The rapid growth in capitalisation of AgorIP-supported companies was highlighted, with a current figure approaching £30m.
Through a combination of equity investment and royalty payments back to the university, this project has successfully validated a sustainable model for regional economic regeneration.
The AgorIP project, based in Swansea University’s School of Management, is seen as an exemplar of the ‘Triple Helix’ of university-industry -government support for entrepreneurialism and high-technology company spinouts. The success of AgorIP reflects the close collaboration between Swansea Medical School, the regional NHS Health Boards and academic colleagues.
The June 2019 UIIN conference attracted over 400 delegates and feedback from the audience was very encouraging, with a number of international links established. Of particular interest to the Swansea presenters were case studies from Aalto University Startup Center (widely regarded as setting the gold standard for university-industry interaction): “Fostering Entrepreneurship and Industry”, and University of Wollongong “Accelerator/Incubator 2.0”.Tags: AgorIP, Finland, Helsinki, Swansea University, University Industry Innovation Network, Welsh Government