Criteria
Competition rules
- The competition is open to all university staff and enrolled postgraduate students, as well as recent spin-off companies
- Only Macquarie University innovations will be eligible and only those innovations that have not previously won a Macquarie University Innovation Award (in the same category) will be eligible
- Teams will be considered for awards; however, the main applicant must be a member of staff or a postgraduate student at Macquarie University
- Only innovations that have been developed in the previous three years (to closing date 24 August 2007) will be considered
- Applicants must not disclose confidential or commercially valuable information. The Judging panels cannot guarantee confidentiality
- The decision of the judging panels is final
- Judging panels reserve the right to defer Awards if there are no suitable recipients
- The applicant, institution representatives and Head of Division must sign the application forms
- Applicants may apply for more than one category (however, they must submit different innovations)
- Applicants may resubmit the same innovation from subsequent years assuming new progress has been achieved in the development of the innovation
- Winners will be requested to submit a short article about their innovation for an edition of Macquarie University News and should be aware that the Awards may lead to further media interest
Eligibility
The application must refer to a Macquarie University innovation developed in the three years prior to the closing date for this year's Innovation Awards.
Judging criteria for the following awards
- Invention Disclosure
- Innovation in Services
- Innovation in Teaching & Learning
- Innovation in Research
- Innovative Partnership
- Innovation towards Sustainability
- Commercial Innovation
- Postgraduate Innovation
- Innovators Hall of Fame
Definition of Innovation
Innovation = invention + exploitation
The idea without implementation is not enough.
For the University’s research this means:
Innovation = Idea + Commercialisation (credible plan for commercialisation)
To commercialise an innovation:
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depends on intellectual property (thus a chain of juice bars does not qualify)
-
awareness of the context of the invention -
“For an enterprise to sustain itself for the benefit of stakeholders and employees it constantly needs to refresh its services and products. One is being innovative when one is refreshing services and products in a creative way, being aware of the international context in which the products are placed.”
Entrepreneurship:
Macquarie Institute for Innovation (MII) defines entrepreneurship as: ”Recognizing an opportunity and marshalling the resources to go after it”.
Professor J. Craig Mudge
Director, Macquarie Institute for Innovation
May 10, 2005