LJMU awarded £89,000 by JISC
04 May 2012
LJMU’s Commercial and International Directorate (CID) have been awarded £89,000 by JISC to develop a region-wide innovation & intellectual property (IP) 'marketplace'.
The Liverpool City Region Innovation Network - 'Open LivIn' - will be a key tool to maximise the exploitation of early-stage ideas in the region. The project is a collaborative partnership, with LJMU as lead partner, along with The University of Liverpool, Technology Strategy Board, Liverpool City Region Local Enterprise Partnership and Knowledge Transfer 2.0 Ltd.
The Open LivIn network will assist innovations from universities and Small to Medium Sized Enterprises (SMEs) get to market by matching technologies with private and public funding sources and with the necessary business development capability and expertise. Open LivIn is more than a website for posting technology wants and needs, it's a social network which will allow the users to apply new crowd-sourcing and crowd-funding approaches.
By creating an innovation ecosystem that develops innovative ideas, business development capability and funding, the project will increase the possibility of novel forms of university business and community engagement. New approaches to consultancy support and other models for working with business are expected to arise from this. These will be highly applicable elsewhere, including within other regions and in Further Education. The OpenLivIn platform will be built in open source software and the resulting platform and tools will be made available on an open source basis, to encourage other regions and HEIs to adopt the same approach.
Emma Nolan, IP and Commercialisation Manager and Open LivIn Project Manager, said, "This is an ambitious project which will help to address the under-development of the SME community, and particularly the dearth of high-growth innovative SMEs in the Liverpool City Region. It's not enough to engage business: Liverpool needs to create an ecosystem which generates and grows new enterprises. This is central to the universities impact agendas, facilitating the birth and growth of SMEs and supporting regional development at a time of reduced regional public intervention."
For more information about Open Livin or about IP and Commercialisation issues, contact Emma Nolan on 07929 999 371 or email: email@example.com