To help boost the commercialization of its vast IP portfolio, Singapore’s Agency for Science, Technology and Research (A*STAR) and its tech transfer arm Exploit Technologies Pte. Ltd. (ETPL) are turning to the crowdsourcing platform Marblar.
A*STAR and ETPL will post technologies on the website, allowing users around the world to suggest unique ways each innovation could be turned into a product. Winning ideas will earn a US$1,000 prize and the chance to take the product to market.
With thousands of patents under its belt, A*STAR is hoping to get more technologies into the marketplace by reimagining market applications, using the crowdsourcing site as for collective brainstorming.
“We look forward to our partnership with Marblar,” says Chee Kim-Wuim, a commercialization manager at ETPL. “We want to uncover new market applications, gain further exposure, and create a realizable impact with A*STAR technology.”
A*STAR’s first competition, launched recently, features a non-powered device that mixes microfluids in milliseconds. Users’ ideas for commercial applications range from DNA hybridization arrays to 3D printing. The device’s inventors will eventually whittle the suggestions down to a single winner.
Source: Asian Scientist