How To Commercialise
There are different routes to getting a concept to market. Below outlines some of the methods used by NISW to successfully commercialise products and services.
Licencing: A licence is a vehicle for transferring the Intellectual Property Rights where the owner of IP retains ownership but licences another organisation to use the Intellectual Property.
Spin Out: A Spin Out is the establishment of a separate business entity with the purpose of developing and selling a product or service.
Partnering: Partnering is a form of agreement between two parties to develop and commercialise an opportunity.
Direct Sales: Direct Sales is putting in place mechanisms to be able to sell products and services from the originating organisation.