This is a successful case of technology transfer ventures: OXEON.
A new weaving method using composite material was the basis for the foundation of Swedish start-up Oxeon.
IP rights for the technology helped to attract private investment.
Oxeon also benefitted from business support from the Chalmers University of Technology entrepreneurship centre.
This combination of private ownership and public innovation support led to the commercialisation of innovative textiles in the sports, industrial and aerospace sectors and the licensing of the weaving technology.
Textile for the extreme:
- Combining private commercial mechanisms with informal university support can form a valuable public-private partnership for effective and efficient technology transfer.
- Capturing niche markets to build sales and brand awareness is a useful entry into larger markets with higher entry barriers.
- Involving top managers and inventors in the patent portfolio building process is vital to the strategic relevance of patent protection.
- Consider patenting further along the value chain, and protecting applications of a technology close to the consumer market, to increase the scope of patent protection and build a comprehensive control position.
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