Massey University, one of New Zealand’s largest universities with some 35,000 students, is seeing its commercialisation efforts paying off as its Business Development and Commercialisation unit is earning significant annual royalties for innovators.
Between 2010 and 2013, the technology transfer office was paid a total of NZ$1.5m ($1.3m) in royalties from intellectual property licences, with NZ$335,000 ($289,000) of this income being distributed to staff and student inventors.
Two of the university’s recent successes are Biolumic, a provider of lighting solutions…
