Rail Innovation Australia is a new innovation partner for
today’s rail industry.
The company can act as a partner in the management and utilisation
of innovation and technologies for rail industry companies,
including:
- Identifying and licensing-in of valuable intellectual property and
technologies matched to the strategic development needs of an
organisation
- Bringing together intellectual property, capital, resources and
supply chain players to ensure market success for new products or
technologies
- Structuring projects, negotiating agreements and creating win-win
situations for participants
- Managing projects and monitoring commercialisation arrangements to
ensure benefits are delivered to project participants
The competitive advantages a company will gain by using Rail
Innovation Australia services include:
- Cooperative network established with industry organisations and
research providers
- Access to resources, intellectual property and research expertise
of network members
- Access to intellectual property and technologies developed overseas
- Expertise in:
- Cooperative and open innovative business models
- intellectual property arrangements and transactions
- technology valuation
- cooperative deals and agreements
- management of R&D and commercialisation projects
Customers and Benefits
RIA’s priority is its customers and the company can assist
customers in:
- Licensing-out and monetising the intellectual property developed
but not used by an organisation
- Converting ideas and intellectual property into products and
technologies, assisting with resources and expertise
- Improving chances for success of new products involving customers
in the development activities
- Building a company’s sustainable advantage leveraging
internal intellectual property portfolio with external ideas and
solutions
- Shortening the development time and increasing return on R&D
investment for organisations
