We help researchers and research institutions bring their results out to the market.
Innovation is one of the four social responsibilities in the Norwegian Act relating to universities and university colleges, together with research, education and dissemination. This means that it is your responsibility as a researcher to engage in innovation based on your research.
According to legal regulations, known as the “Employee Invention Act”, any idea with innovative potential is the property of your employer. Your employer decides whether or not to exercise this right, and we carry out the assessment on behalf of your employer.
You have an idea – now what?
We bring your ideas to the market. When you have discovered an idea with innovative potential, you should always contact us.
When we receive a new idea, we start to evaluate its potential:
- Is the idea new?
- Does it fix a problem?
- Who does it fix a problem for?
- Does it have competitive advantages?
- Does it have potential?
- Do we have the resources needed and a strong team?
We handle all information confidentially.
How do we work?
We have a working process that we follow in all our projects. This process takes your project through important steps on the way towards commercialisation. See our brief summary of the process below.
BTO has the main responsibility for this process, but we are generally dependent on contributions from the researcher.
Step 1: Idea
- We receive a new idea and meet the researcher(s).
- A Disclosure of Invention (DOFI) is completed, and we officially start our work with the idea.
Step 2: Proof of idea
- We perform a theoretical evaluation of the idea, including e.g. market evaluation.
Step 3: Proof of concept
- We apply for external funding in cooperation with the researcher
- We file patents or work to protect the idea in other ways
- We perform a verification of the business model
Step 4: Proof of tech and market
- We verify the technology or process on a larger scale together with the team.
- We start to prepare the project for transfer by carrying out different strategy evaluations
Step 5: Take-off
- We develop a transfer plan – what is best suited for the project? License agreement or establish a start-up company?
- We ensure that the researcher and the research environment get their share of potential future revenue from the invention.
Step 6: Exit
- We provide support and follow up the license agreement or the start-up as long and as much as needed.