#96 Ken Jefferd: Turning Billions of Research Investment Into Commercial Success (UniMelb Innovation Chief)
Description
Innovation is often talked about in terms of breakthroughs and big ideas—but the real challenge lies in turning those ideas into investable, scalable businesses. That’s where today’s guest comes in. Ken Jefferd is the Executive Director of Research, Innovation and Commercialisation at the University of Melbourne and Managing Director of its commercialisation arm, helping guide one of Australia’s most significant research portfolios into the hands of industry, investors, and end users.Ken’s background bridges both corporate and academic worlds. Before joining the university sector, he held senior global roles at BP, including as Head of Research & Technology and later CEO of one of BP’s Australian subsidiaries. Now, he oversees a $1.5 billion research and innovation enterprise, helping shape the infrastructure, capital pathways, and partnerships that fuel Australia’s knowledge economy.In today’s episode, we dive into Ken’s global experience, how Australia can better capitalise on its research strength, and the impact of new initiatives like Tin Alley Ventures and the Jumar Bioincubator.We also unpack the policy settings, funding gaps, and collaboration models that are shaping the future of commercialisation in Australia. We hope you enjoy this conversation with Ken Jefferd.























