Flinders venture for research software
FLINDERS University has formed a joint venture with US-based Innovista Systems to launch software to assist universities and research institutes in commercialising research.
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The relationship with Innovista Systems is one of the first international collaborations for newly formed Flinders Partners, the university's commercial arm, after the merger of the former Flinders Technologies and Flinders Consulting.
The ASK software provides a platform for analysing research projects, assessing market readiness and advising on requirements before a product can be offered for sale.
Flinders Partners managing director Anthony Francis said ASK would be a useful tool for the university sector, which had a history of innovative research initiatives but less success in delivering products to market.
"We looked around and everyone seems to have the same problem," Mr Francis said. "Most universities, and even commercial firms, have done one or two projects really well, but there are plenty of good ideas and research out there that really aren't being forwarded."
The collaboration will incorporate Flinders University's commercialisation software with the intellectual property management system of the US company.
Both ASK and the combined software package will then be marketed globally.
Innovista Systems is an offshoot of Knowligent, a successful Massachusetts company designing and marketing intellectual property management systems.
"Most of the things that are around, such as Microsoft Project, assume that you know what you are doing from the outset," Mr Francis said. "Whereas the projects in the innovation space often have to adapt to what is learnt from the market or what happens along the way, and ASK is a way to ensure that the project keeps changing shape or adapting."
Mr Francis said the software's key feature was to generate a work plan for how to commercially develop a project, as well as the research and technical needs.
"Another feature is to keep track and report on those projects as you go," he said.
The software was expected to be due for commercial release in July at a cost of $25,000 to $30,000.The dollar value of the collaboration between Flinders University and Innovista Systems was not disclosed."We are trying to improve the integration of the technical side of the project with the distribution side of the process," Mr Francis said. (Source)
The ASK software provides a platform for analysing research projects, assessing market readiness and advising on requirements before a product can be offered for sale.
Flinders Partners managing director Anthony Francis said ASK would be a useful tool for the university sector, which had a history of innovative research initiatives but less success in delivering products to market.
"We looked around and everyone seems to have the same problem," Mr Francis said. "Most universities, and even commercial firms, have done one or two projects really well, but there are plenty of good ideas and research out there that really aren't being forwarded."
The collaboration will incorporate Flinders University's commercialisation software with the intellectual property management system of the US company.
Both ASK and the combined software package will then be marketed globally.
Innovista Systems is an offshoot of Knowligent, a successful Massachusetts company designing and marketing intellectual property management systems.
"Most of the things that are around, such as Microsoft Project, assume that you know what you are doing from the outset," Mr Francis said. "Whereas the projects in the innovation space often have to adapt to what is learnt from the market or what happens along the way, and ASK is a way to ensure that the project keeps changing shape or adapting."
Mr Francis said the software's key feature was to generate a work plan for how to commercially develop a project, as well as the research and technical needs.
"Another feature is to keep track and report on those projects as you go," he said.
The software was expected to be due for commercial release in July at a cost of $25,000 to $30,000.The dollar value of the collaboration between Flinders University and Innovista Systems was not disclosed."We are trying to improve the integration of the technical side of the project with the distribution side of the process," Mr Francis said. (Source)
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