Oxford University spin-off Oxfirst Ltd, is involved in commercializing intellectual property. Oxfirst has assisted clients with valuing, selling and licensing their technology and its underlying legal rights. The work of Oxfirst also helped high tech start-ups get access to finance and supported public policy making in the area of technology transfer, IP and the digital economy.
Listen to “Effects of IP and New Technologies on the Global Automotive Industry” Audio Interview with Dr. Roya Ghafele, Managing Director – Oxfirst. Listen here.
For more information, please contact:
Ron Hesse – RHesse@GlobalAutoIndustry.com
Oxfirst offers these services worldwide to automotive clients:
- IP Valuation
- IP Strategy & Commercialization
- Shaping Technology, Digital & Innovation Policy
- Financing Innovation
- Promoting Technology Transfer
- Leveraging Open Innovation
- Oxfirst Academy
Ongoing Online Executive Training
‘Intellectual Property Wealth Generation‘ – Executive Education
Fully CPD accredited training – online – on campus – in your office
- Acquire IP Business Acumen
- Empower your Invention
- Broaden your Horizon
- Put your IP Goals into Practice
As intellectual property rights play an increasingly important role in corporate strategy, accurate valuation of patents remains of major importance. The OxFirst valuation approach is based on a range of different methods. Our valuation methods are transparent and reflect the guidelines of the European Commission. In this way, we render the trading of intellectual property significantly more efficient and profitable.
IP Strategy & Commercialisation
As IP ownership grows, it is increasingly significant to identify the various mechanisms available to rights holders in developing countries to commercialize their IP. The shifting towards an intangible asset management paradigm is a key factor in promoting an efficient and working exchange for patents and other intangibles. If companies perceive IP solely as a necessary component of legal strategy to defend their product lines in the courtroom than they will be totally unwilling to exchange licenses like tradable commodities. Fortunately, there is reason for optimism. Borod remarks that ‘despite relatively light issuance volume for IP-backed transactions, IP remains an asset class with a potentially robust future’ (Borod 2005, 65). This future is here today. Perceiving IP as an intangible asset that is a critical component of business value is merely a first step. Moving towards transparent markets that enable IP to become a liquid, tradable asset class will generate substantial efficiency gains and revenue streams. (quote from Ghafele et al, 2007)
Shaping Technology, Digital & Innovation Policy
While Otto von Bismarck is famous for having stated that ‘laws are like sausages and it is better not to know how they are made, OxFirst aims to offer those critical insights needed to determine when, how and to what extent a shift in governance structures will assure innovation driven growth.
In a post-credit crunch era investors face low interest rates and are eagerly looking for alternative ways to put their money to work. Can inventions and patents, the underlying property rights that protect them, offer such an alternative?
OxFirst has successfully worked with a range of different financial institutions to establish the worth of technology investments and has also supported a range of alternative models to finance innovation.
Promoting Technology Transfer
For nearly 1,500 years growth rates in Europe remained constant, the 18th century elites of Great Britain earned about the same as the elites of Rome in the 3rd century a.d.’ Economic history illustrates that a lack of adequate leverage and transfer of any type of knowledge, be it explicit, tacit and organizational knowledge, leads to stagnation. ‘It was only during the industrial revolution that economic growth drastically increased. The practical application of various technology and inventions in business, transport and machinery that became possible during the industrial revolution meant that economic processes could be optimized and growth rates be accelerated.
Leveraging Open Innovation
According to Open Innovation useful knowledge is widely diffused, so that no company has a monopoly on knowledge in their field. At the same time, the quality of work at small companies, universities, and other large firms is increasingly high. So, instead of inventing it all yourself, you can innovate effectively by accessing excellent work from an outsider.