How is this different from what already being done in the
University by our Technology Transfer Office?
Some of what we are doing at InnovationXchange is similar to activities already being carried out in the University. However, the aim of InnovationXchange is to expand the network and to complement activities already being carried out at the University. Through the Vault, our internal knowledge database, we can provide you with connections to our vast network of clients.
– Dr. Sharon Cheang
I am attached to a university. If I
have a piece of IP that I want to commercialize, will you help me commercialize it?
At InnovationXchange, we can assist you in identifying partners to commercialise your IP. The types of partners could range from collaborating to bring the technology to market, to further developing the proof of concept, to carrying out clinical trials, and also connecting you to a potential buyer, if you are interested in a trade sale.
- Dr. Sharon Cheang
How sure are you that the partner you find is the right / best one?
InnovationXchange Intermediaries engage closely with clients to obtain deep understanding and knowledge of a client’s strategic intention and actively search for potential partners that best match their criteria. Intermediaries carry out investigation/screening and work closely with client to select and shortlist potential partners which best fit the client. It is not possible for us to promise the ultimate best partner, but our methodology has shown to be sound, resulting in 87% of initial meetings progressing to further engagement.
- Dr. Ng Sing Kwei
Do I need to have a patent before you will find me a partner? If not, how do you ensure that my idea
is protected?
No, you do not need to have filed a patent before we can find you a partner. Our Intermediaries have worked with clients right from the idea stage all the way to the commercialisation stage. We understand the need to protect ideas, especially those at the very early stage. At InnovationXchange, we employ a very strict confidentiality framework, and our unique step-wise process requires us to obtain consent from our clients before we speak with external parties. This is to ensure that the client’s idea is kept protected.
- Dr. Aida Rahim
Do you look only for commercial collaborations? What about
research collaborations?
We do not only help our clients to look for commercial connections, but also to look for research collaborations – be it technological, IT, social or service related. It depends on the client’s intentions.
– Dr. Sharon Cheang
Is there any way to get an abbreviated version of
your service? I am a small
company with 1 technology
and no money.
The InnovationXchange can assist you on a project-to-project basis, which usually involves number of man-days agreed upon with the client. Contact us for more detail
- Ariff Ismail
If I open my company to external input, can you guarantee the external party will not steal my ideas?
At the InnovationXchange, we understand the need for discretion. While we do not guarantee the actions of third parties, we employ a confidentiality framework that involves rigorous assessment, non-disclosure and mutual consent to ensure that the client’s intellectual property is kept safe.
- Ariff Ismail
What kind of connections can I expect from you?
The type of connection varies depending on the client’s needs and strategic intentions. Examples include, but are not limited to, connections related to research collaborations, technological enhancement, product development, business models and understanding best practises in other industries.
– Dr. Aida Rahim
How sure are you that the partner you find is the right / best one?
InnovationXchange Intermediaries engage closely with clients to obtain deep understanding and knowledge of a client’s strategic intention and actively search for potential partners that best match their criteria. Intermediaries carry out investigation/screening and work closely with client to select and shortlist potential partners which best fit the client. It is not possible for us to promise the ultimate best partner, but our methodology has shown to be sound, resulting in 87% of initial meetings progressing to further engagement.
– Dr. Ng Sing Kwei
Is this company focused only on technological innovation?
To start off, we are looking at technology-related engagements. However our service is not limited to technology. We also seek to be active in the social innovation sphere.
- Dr. Aida Rahim
