What is the creation date of Isis Innovation?

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By Kristy Tolley

Isis Innovation is the technology transfer and commercialization company of the University of Oxford. It was created to help the university’s researchers transform their ideas and inventions into viable businesses that benefit society. In this article, we will explore the history of Isis Innovation, its mission, and its impact on Oxford and beyond.

Brief history of Isis Innovation

Isis Innovation was founded in 1987 as Oxford University’s technology transfer office. Since then, it has become one of the world’s leading technology transfer offices, helping to commercialize more than 200 technologies each year. Isis Innovation’s success has been recognized by numerous awards, including the Queen’s Award for Enterprise and the Global University Venturing Award.

The founding team

The founding team of Isis Innovation was led by Dr. David Norwood, the first Director of Technology Transfer at the University of Oxford. He was joined by a small team of professionals with expertise in intellectual property, licensing, and business development. Together, they developed the policies, procedures, and relationships that laid the foundation for Isis Innovation’s success.

Isis Innovation’s mission

Isis Innovation’s mission is to facilitate the transfer of knowledge and technology from the University of Oxford to the wider world. It aims to create social and economic impact by supporting the development of new products, services, and companies based on Oxford’s research. Isis Innovation also seeks to promote and protect the university’s intellectual property and to foster a culture of innovation among its researchers.

How Isis Innovation started

Isis Innovation started with a simple idea: to enable Oxford’s researchers to translate their discoveries into real-world applications. The team recognized that many of the university’s inventions had the potential to generate significant economic and social benefits, but that they needed support to do so. To address this, they developed a comprehensive technology transfer program that included patenting, licensing, and spin-out formation.

The early years of Isis Innovation

During its early years, Isis Innovation focused on building relationships with industry partners and investors to promote its technologies. It also worked closely with Oxford’s research community, providing training and support to help researchers understand the commercialization process. Some of the early successes of Isis Innovation include the spin-out companies Oxford Molecular, Oxford Instruments, and PowderJect.

Isis Innovation’s impact on Oxford

Isis Innovation has had a significant impact on Oxford, both in terms of economic and social benefits. Its technologies have generated more than £620 million in external investment, and its spin-out companies have created more than 3,500 jobs. Isis Innovation has also supported the development of numerous products and services that have improved people’s lives, including cancer treatments, diagnostic tools, and renewable energy solutions.

Expansion beyond Oxford

In recent years, Isis Innovation has expanded its reach beyond Oxford to other universities and research institutions around the world. It has formed partnerships with institutions in Asia, Europe, and North America to help them develop their own technology transfer programs. Isis Innovation has also established a presence in several countries, including the United States, China, and India.

Isis Innovation’s global presence

Isis Innovation’s global presence has enabled it to identify new opportunities for commercialization and to connect with investors and partners around the world. Its collaborations with international research institutions have also helped to promote the exchange of knowledge and expertise. Today, Isis Innovation is recognized as a leader in technology transfer and commercialization, both in the UK and internationally.

The current state of Isis Innovation

Isis Innovation is now known as Oxford University Innovation, reflecting its continued evolution and growth. It remains dedicated to its mission of facilitating the transfer of knowledge and technology from Oxford to the wider world. Oxford University Innovation continues to support the development of new companies and products based on Oxford’s research, as well as to provide training and support to researchers and entrepreneurs.

Isis Innovation’s future plans

Looking to the future, Oxford University Innovation plans to expand its global presence and to develop new partnerships with industry and investors. It also aims to further strengthen its support for Oxford’s research community, including the development of new programs and initiatives to foster innovation. Oxford University Innovation recognizes that the challenges facing society today require innovative solutions, and it remains committed to helping Oxford’s researchers bring their ideas to life.

Conclusion

Isis Innovation’s creation date may be more than 30 years ago, but its impact on Oxford and the wider world is still being felt today. Its success is a testament to the vision and dedication of its founders, as well as the commitment of the University of Oxford to innovation and entrepreneurship. As Oxford University Innovation continues to evolve and grow, it will remain a vital part of Oxford’s research ecosystem and a leader in the global technology transfer landscape.

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Kristy Tolley

Kristy Tolley, an accomplished editor at TravelAsker, boasts a rich background in travel content creation. Before TravelAsker, she led editorial efforts at Red Ventures Puerto Rico, shaping content for Platea English. Kristy's extensive two-decade career spans writing and editing travel topics, from destinations to road trips. Her passion for travel and storytelling inspire readers to embark on their own journeys.

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