With 880 licenced innovations and 110 spin-outs, Yissum is the commercialisation front-runner
The changing role of HEIs globally is challenging universities to translate their research efforts into innovation and marketable technologies. The efficiency, productivity, and success of such processes, however, largely depends on a complex number of interconnected factors. These factors include the quality and skill set of the staff, the product-market fit, and possessing sufficient financial resources to support transfer activities. However, for those institutions who manage to solve this intricate equation there can be a high pay-off and the establishment a sustainable loop of innovation.
Since 1964, Yissum, the research development company of the Hebrew University of Jerusalem (HIJU), has been one of the key dominators in the tech transfer game. Yissum’s world renowned inventions have been making an impact on human lives across the world much longer than we realize: from the cherry tomatoes on your grocery list to the automated on-board driver assistant system ‘MobileEye’ in your car as well as the FDA Approved treatment medications: for ovarian cancer ‘Doxil’, chemotherapy ‘Erbitux’, and Alzheimer’s disease ‘Exelon’.
Yissum not only has helped its researchers to start more than 110 spin-off companies, of which some are currently valued over $10b on the stock exchange, but also facilitated the registration of 9,300 patents that cover more than 2,600 inventions, and licensed 880 innovations. Not surprisingly, this exceptional track record has attracted the attention of a number of industry giants, including Intel, Google, Philips, Coca Cola, Roche, GM, and P&G, for the establishment of long term research collaborations.
Want to learn more about the story behind Yissum’s breakthrough technologies? Read the detailed case study at: http://ub-cooperation.eu/index/casestudies
Meet the authors
Arno Meerman is the CEO at University Industry Innovation Network (UIIN) as well as being a Council Member of the Accreditation Council for Engaged and Entrepreneurial Universities (ACEEU) and Business Development Manager for the Science-to-Business Marketing Research Centre, one of Europe’s leading scientific institutes in the area of university-business cooperation. He is currently the Project Manager for the State of European University-Business Cooperation initiative being executed for the European Commission and has been the Conference Organiser for the UIIN conference series, which averages over 350 people per conference and is the largest in the topic of university-industry cooperation.
Hacer Tercanli is a recent graduate of an Erasmus Mundus Masters course, Research and Innovation in Higher Education (MARIHE), and since November 2016 a Project Officer at UIIN. Previously she has worked in public and private higher education institutions in Turkey and completed a Fulbright Master’s program in Applied Linguistics in the US. As part of her Erasmus Mundus Master Hacer studied in Austria, Finland, China and Germany. During her studies she has participated in HE development projects that involved mapping digital learning environments in Germany and facilitation of internationalization in Turkey. In addition, Hacer has also been involved in EU projects at the Science-to-Business Marketing Research Centre in Munster, Germany. Among her recent interests are university-industry cooperation and quality assurance in international joint degree programs.
Prof. Dr. Todd Davey is a passionate researcher, practitioner, speaker and recognised expert on the topics of Entrepreneurship and University-Business Cooperation (UBC) as well as being author of the book ‘Entrepreneurship at Universities’. Formerly a Senior Manager with Deloitte Australia’s Technology Commercialisation Group and Strategy & Business Development Manager for one of Australia’s fastest growing start-ups, Todd has ‘switched sides’ to work within academia. Having just completed his PhD on entrepreneurship at universities at the VU Amsterdam, Todd also divides his time between his roles as Director of Strategy with the University-Industry Innovation Network, worldwide network focussed on the topic of university-industry interaction, and Managing Director at the innovation spin-out apprimo.