National & International Collaborations
he University is engaged in research with community partners has enter into key partnerships with external organizations that result in increased activity in commissioned process and product research and development; and innovation, and technology transfer across the spectrum from high- to low-tech solutions. One of the outcomes of the emergence of the knowledge economy is the large and significant diffusion of knowledge production into the private and public sectors.
This University understands its role as a knowledge-intensive institution within the National System of Innovation to work towards the generation of intellectual property of many kinds, to facilitate the commercialization of Intellectual Property, and to increase the number of patents developed. To this end, the University pursues mutually beneficial partnerships with research-based companies and the private sector. The classic technology transfer process has four general steps.
Technology Transfer Process
1. Disclosure: Disclosures come from the various faculties at BIUST, as well as from innovators in Botswana. Disclosure form and Confidentiality and Non disclosure agreement form
2. Assessment: After receiving disclosures, a thorough technology assessment is conducted to determine whether there is value in the innovation i.e. technical merit, commercial potential, patent landscape, state of development. After a formal review of the assessment, BIUST ORDI will decide, within 90 days, whether or not to move forward with the project. The technology is evaluated for technical merit, commercial potential, patent landscape, state of development to determine whether there is value in it and the best strategy through which to commercialize. A business case is written for submission to the Innovation Board who will decide whether to pursue a patent, form a spinout or develop the idea further.
3. Intellectual Property (IP) Protection: After screening technologies for commercial potential, BIUST will pursue relevant IP protection through patents, trademarks, trade secrets, or any other method necessary. IP management and associated costs are normally handled by the BIUST.
4. Licensing/Commercialization: BIUST markets new technologies and products to find appropriate commercialization partners. Royalties are shared between BIUST and the innovators according to the institute’s IP policy which observes the 25% Rule of Thumb. BIUST focus on applied research ensures that resulting technologies are driven by existing industry problems, and consumer needs. As a result, licensing a BIUST technology can provide immediate commercial value to varied lineups of products and services.