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Viclink to get a lean makeover

Viclink to get a lean makeover


By Peter Kerr for sticK

(sticK - 2 March 2011 ) It's a challenge that universities around the world grapple with, namely creating and maintaining the best structure to develop good bits of their intellectual property into saleable products.

Universities, at least in New Zealand, are never terribly flush with money, and turning an idea into income takes capital up front and varying lengths of time, to maybe, realise a return.

It's no different in Wellington, and changes are afoot at Victoria University's commercialisation vehicle, Viclink, whose flagship success is the maker of small scale nuclear magnetic resonance products, Magritek.

The university's going through discussions with Viclink staff, looking at ways to be more efficient says VUW vice chancellor Neil Quigley. Some of the changes will involve staff losses, though Quigley is at pains to point out that the university is keeping its commercialisation arm.


Click to read the rest of this story
http://sticknz.net/2011/03/02/viclink-to-get-a-lean-makeover/

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For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com

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