Warwick Ventures
Encyclopedia
Warwick Ventures Ltd is a University technology commercialisation
Technology transfer
Technology Transfer, also called Transfer of Technology and Technology Commercialisation, is the process of skill transferring, knowledge, technologies, methods of manufacturing, samples of manufacturing and facilities among governments or universities and other institutions to ensure that...

 office and wholly owned subsidiary company of the University of Warwick
University of Warwick
The University of Warwick is a public research university located in Coventry, United Kingdom...

, located in Coventry
Coventry
Coventry is a city and metropolitan borough in the county of West Midlands in England. Coventry is the 9th largest city in England and the 11th largest in the United Kingdom. It is also the second largest city in the English Midlands, after Birmingham, with a population of 300,848, although...

, UK.

Overview

Warwick Ventures was set up as a department within the University of Warwick by Ederyn Williams
Ederyn Williams
Dr Ederyn Williams is the CEO of Warwick Ventures Limited, University of Warwick, Coventry, West Midlands. He is the son of Raymond Williams and co-developer of Social presence theory...

 in 2000 (1). In 2010 it was spun-out as a separate company called Warwick Ventures Limited, a wholly owned subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of the University (2). Warwick Ventures manages the intellectual property
Intellectual property
Intellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...

 portfolio belonging to the University. The Business Development Managers employed by the company work closely with academic inventors at the University to identify, protect and develop intellectual property (IP) resulting from their research. This IP is then commercialised through licensing and the formation of spin-out companies.
Warwick Ventures provides researchers with commercial advice, funds patent applications and legal costs, and negotiates third-party licences and spin-out company agreements.

Patents, licensing, and spin-outs

Warwick Ventures identifies new intellectual property created by academics within the University. Intellectual property may be protected by new patent filings and Warwick Ventures manages the resultant patent portfolio. Warwick Ventures then seeks to license patents and technologies to companies who invest in developing and selling the products in a timely and ethical manner. Licensees are sought from all technology and business sectors on an international basis.
Warwick Ventures also works with University academics to create new companies, in order to develop University intellectual property into new business opportunities. Warwick Ventures assists in many ways, including by identifying and sourcing investment, management and professional services..
Notable spin-outs include:
A Cambridge-based company developing single molecule detection platforms for healthcare and the life sciences.
A company established to commercialise third generation solar cell technology developed in a multi-million pound R&D programme at the University of Warwick.

A company focussed on the design, supply, delivery, tuning and support of complex computing solutions.
Warwick Audio Technologies specialises in the development of Flat, Flexible Loudspeaker technology for original equipment manufacturers.
A social enterprise tailoring lifestyle programmes to meet the needs of local people with a special interest in Britain’s South Asian community.
Circadian Solar is addressing the challenges of climate change by developing and deploying the next generation of concentrator photovoltaic (CPV) systems.

Management

  • 2011 – present Quentin Compton-Bishop (CEO, Warwick Ventures Ltd.)
  • 2010 – present Rob Sprawson (Chief Financial and Commercial Officer Warwick Ventures Ltd.)
  • 2000–2011 Ederyn Williams (Director and Founder of Warwick Ventures; CEO of Warwick Ventures Ltd.)

Other Information

Warwick Ventures is part of many business services offered by the University of Warwick, along with Warwick Conferences, the University of Warwick Science Park
University of Warwick Science Park
The University of Warwick Science Park was one of the first university based science park in the United Kingdom when it was opened by the Rt. Hon. Margaret Thatcher in 1984. It was a joint venture between the University of Warwick, Coventry City Council, Warwickshire County Council and Barclays...

, and the International Digital Laboratory. The University of Warwick is also a prime partner in Connect Midlands, a not-for-profit network supporting technology and high-growth companies.
See also Business and the University of Warwick

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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