HCM City (VNA) – Huynh Kim Tuoc, Managing Director of the Saigon Innovation Hub (SiHub) Start-up Support Center under the HCM City Department of Science and Technology, confirmed that Vietnam has huge potential for technology development and transfer thanks to its highly skilled experts and intellectuals with wealthy people Experiences in this field, especially young and talented human resources in universities.
Tuoc said so at a recent workshop in Ho Chi Minh City to encourage the establishment of technology transfer offices (TTOs) at universities, co-organized by SiHub, Australia’s University of Technology Sydney (UTS) and Singapore’s leading incubator fund Expara.
The workshop attracted a large number of domestic and foreign experts and representatives from universities in southern provinces and cities to share, discuss and evaluate the current situation, advantages, difficulties and challenges, and propose effective models and solutions that bring practical benefits lead to the establishment of technology transfer offices at universities.
Over the past 50 years, Vietnam has focused its resources on education and research, but has not developed commercialization of research and inventions.
SiHub now has about 300,000 technology research projects in universities nationwide and a network of 100,000 technology companies around the world, Tuoc said.
“Commercialization of the inventions and products of universities in the country is expected to expand in the future,” he said.
The center focuses on promoting the development of existing potential in technology development at universities, he said.
It selects universities that advise, set up processes and organize equipment to establish technology transfer to commercialize research and inventions that bring economic value.
Douglas Abrams, founder and CEO of Expara, said Vietnam has great potential for high quality human resources and entrepreneurship that can make a significant contribution to the country’s technological development.
Intellectual assets from universities and research institutes are the basis for supporting start-ups, he said.
“The role of universities is to network potential ideas, build strong teams and interact with companies to successfully commercialize,” he said.
Nguyen Diep of UTS said the university’s technology transfer model is used by many partners.
“The number of inventions from universities in Vietnam is still very small compared to universities in Thailand and Singapore, but they have a lot of potential,” he said.
Experts pointed out many challenges of technology transfer and commercialization, such as: B. that the science and technology ecosystem has no clear direction, with little connectivity and interaction.
They agreed that local universities need to be more actively involved in technology transfer activities, encourage both the quantity and quality of inventions, and build a technology transfer ecosystem with the participation of companies.
It also needs to improve the legal framework, develop technical and financial infrastructure, and boost creativity and innovation, managerial capacity and investment in universities, they said.
Many successful models of university research commercialization were presented at the workshop, including TTO by TNG Holdings Vietnam and the High-Tech Business Incubation Center of Saigon High-Tech Park.
On this occasion, SiHub, UTS, Expara and universities in the southern region signed cooperation agreements for funding technology transfer Activities in the following years./.