This document summarizes VTT's approach to supporting innovation. It discusses VTT's group structure, which includes research, strategic research, business solutions, and intellectual property business divisions. It then describes VTT's intellectual property business approach of managing IP portfolios, creating IP-based offerings through proof-of-concepts and entrepreneurs-in-residence, and commercializing through licensing and spin-offs. The document advocates for a stepwise engagement approach to innovation that involves vision, concept and product development using various funding sources and instruments. It provides an example of how VTT is working on technologies to enable greener cities by minimizing urban ecological footprints.
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VTT Group structure 2010
V T T Technical Research Centre of Finland
(State-owned research centre under the domain of the Ministry of Employment and the Economy)
R&D Strategic research Business Solutions
Research personnel Self-financed research Management of customer accounts
Research resources Jointly funded research Contract research
Technology licensing as a part of
IP Business Group Services contract research sales
IPR sales and licensing Support functions Separate finances for commercial
IPR portfolio management activities
Separate finances for commercial activities.
VTT Expert Services Ltd VTT Ventures Ltd VTT International Ltd
Specialist reports and assessments Ownership and development Administration and
Certification and approval services of spin-offs development of international
Testing, inspection and calibration service points
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IP Business
VTT’s Intellectual Property Business
Management and commercializating of IP
portfolios
400 inventions per year
350 patent families
Creating IP based offering
Matching market demands with technology
offering
Proof-of-concepts
Entrepreneurs-In-Residence
Commercialization
Licensing, spin-offs
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Resources are scarce, it is essential to know how to
use them!
R&D directed towards future
market needs
Vision Concept Product
Stepwise engagement
Development Development Development
Stepwise contribution using
various sources & instruments Start-up &
invesments
Training and coaching for
Committment
Involevement
entrepreneurship Milestones,
Engagement
Terms,
Commitment and trust building customer specs
Team building
Customer engagement Identification of
Technology engagment opportunity
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Case Example: Technologies Enabling Greener Cities
Ordinary
Three imperative drivers Urban Unit
Regenerating Resources from
Ecological foot print
Waste Ecological
Urban Unit
Enabling of integrated
solutions ICT- enabled
Sourcing globally, deploying high-tech
locally Urban Unit
Past Today Future
The opportunity:
Tools & solutions to minimize the
ecological footprint of urban units
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THE CHALLENGE:
RESEARCH OR
INNOVATION?
Research = Transforming money into
knowledge
Innovation = Transforming knowledge
into money