Innovations and Incubators: Commercializing Research
When it comes to commercializing research, Queen鈥檚 has long been a leader among Canadian universities. Through both its technology transfer arm and more recently Innovation Park, its research park and now incubator-accelerator for technology startups and small- to medium-size enterprises (SMEs), Queen鈥檚 has nurtured and helped launch dozens of companies, all while creating what Janice Mady, director of Industry Partnerships & Innovation Park, characterizes as a robust 鈥渋nnovation ecosystem.鈥
So central is the idea of commercialization to university research today that it is surprising to learn that it is a relatively recent development. Founded in 1987, Queen鈥檚 not-for profit PARTEQ Innovations was a Canadian pioneer in what is termed 鈥渢echnology transfer鈥 鈥 helping researchers who had developed potentially useful and remunerative forms of technology secure a commercial outlet. Headed today by Jim Banting, the office receives about 50 鈥淚nvention Disclosures鈥 from Queen鈥檚 researchers each year, which its staff of patent agents and commercialization experts evaluate in terms of originality and possible benefit. For those promising opportunities selected to move forward, they will typically draft and file a patent application, explore sources of research funding, and seek an industry partner to license and develop the technology. In its nearly thirty years of operation, PARTEQ helped launch more than 40 companies.
When it comes to commercializing research, Queen鈥檚 has long been a leader among Canadian universities.
But while PARTEQ Innovations could launch companies, one thing it didn鈥檛 do, and was never intended to do, was retain them in Kingston and near Queen鈥檚. Firms would start up, and then many left town. One reason, says Mady, was 鈥渁 lack of proper facilities and support systems.鈥 One solution was the ground-breaking development of Innovation Park.
Intended to create an environment that would foster discovery and accelerate innovation, and ultimately support the development of new companies and economic growth in the Kingston region, Innovation Park opened in June 2008, in leased space at 945 Princess Street. Through it, Queen鈥檚 sought to encourage a new generation of scientists and engineers to undertake socially and economically meaningful research, and to support public-private research partnerships that took advantage of Queen鈥檚 particular strengths, such as green energy. Such partnerships would also enhance the facilities and equipment available to Queen鈥檚 students and faculty. Originally serving as the landlord for 945 Princess, Queen鈥檚 transitioned these duties to the private sector in July 2016, and the university is now focusing its efforts on collaborating with numerous partners to develop and deliver incubation and acceleration programs to promising entrepreneurs, startups and SMEs in Eastern Ontario. Says Mady, 鈥渁n innovation ecosystem flourishes when partnerships and collaborations develop, and entrepreneurs and startups have access to experts, programs and services as well as real estate and infrastructure.鈥
The growing partnership between research and commercialization promises many advantages for communities at Queen鈥檚, in Canada and around the globe.
GreenCentre Canada is a prime example of how the Innovation Park model works in practice. Founded in 2009, and headquartered at Innovation Park, its mandate is to encourage the commercialization of 鈥済reen chemistry鈥 鈥 the use of chemicals and processes that reduce harm to the environment. GreenCentre Canada鈥檚 chemists work on greener forms of chemistry, testing and refining them in its purpose-built 8,000-square foot facility, and then helping to scale up production. The organization also matches promising applications with possible investors. When Queen鈥檚 professor Philip Jessop, Canada Research Chair in Green Chemistry,聽needed help commercializing an exciting energy-efficient wastewater purification system that could benefit millions, GreenCentre Canada could offer support, nurturing the idea and ultimately spinning off Forward Water Technologies in 2012. In a move that signals the next stage in commercialization, the not-for-profit is now offering its services and academic connections to startups, SMEs and international companies to help them develop new products. Today, they are bringing in businesses as well as spinning them off.
An important goal of university research is to produce benefit for society. The growing partnership between research and commercialization promises many advantages for communities at Queen鈥檚, in Canada and around the globe.