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SCIENCE ASSOCIATES * What is Science Associates? * Why is Science Associates necessary? ¢ What benefits does it have for members? ¢ Who can become members of Science Associates? Science Associates is - as the name Formed in January 1988 to draw mem- implies - a body comprised of members _ bership from scientists, inventors and acad- drawn from all levels of the scientific com- emics, to vet and promote ideas and munity. (through linked funding arms) to ultimate- Through Science Associates, members ly market goods through the establishment “Science Associates is have the opportunity to pool ideas, to use _ of individual companies. the organisation's collective resources at Apart from the commercial thrust, the 1 1 every level - from the exchange of infor- underlying requirement is that products and designed to offer its mation through to the marketing of discov- projects sit comfortably within the mores eries and inventions. of mankind and environment. members the Members of Science Associates have One of its raison d'e'tres is that the con- . . access to an organisation with the capabili- _ tinuing development and future of industry opportunity to retain ties to take a new product into the market- _ and technology cannot proceed without sci- place - with the originator retaining an entists, therefore scientists should have a a level of equity in equity and sharing in the discovery or _ bigger say in the proper and safe direction invention's profitability! of that technology. their own inventions Most importantly, Science Associates Science Associates also recognises that, will promote the ethical use of the discov- _ individually, scientists/inventors are at the 7 7 ery or invention. mercy of big corporations; do not have the or discoveries, secure resources (individually) to promote or mar- e AIMS & ket their products, to benefit financially In the knowledge from creating them, and no ultimate control 0 0 OBJECTIVES over the use/s to which they may be put. that such Inventions Its primary aims and objectives are: Science Associates, therefore, aims to . . . ° Providing a commercially oriented sci- _ offer the benefits of pooled ideas (through or discoveries will ence service to members, industry and membership), a data bank, and for the the public offering a broad spectrum of _ inventor: 1 expertise. * Professional & Scientific Advice. be given every ¢ Assisting members in organisation of ¢ Vetting of the Product and Patent. ° marketing, distribution and sales facili - * Providing insurance to safeguard the opportunity for ties for new products and technologies. patent. ° * To endeavour to use and develop sci- ¢ Testing for Commercial/Ethical commercial ence and technology in such a way that Viability . . the work of a member is used in the ¢ Monitoring the subsequent business realisation. public interest - and not exploited or operation. ’ developed in a manner which would 1 cause damage to the world's ecosystem. H OW IT WORKS endeavouring to * To discuss and consider matters affect- Science Associates vets the ing science and technology, collect and invention/idea for its technical viability. ensure that they are disseminate appropriate information that — Peace Shield Investments P/L then assesses is calculated to be of use to members, the idea for its commercial and ethical via- used Ina totally and to establish and maintain scientific, bility. Communiqardo P/L then prepares a . technical and statistical libraries. business plan, which is passed to the ethical way for the * To promote and encourage the Australian Association of Ethical formation of companies by members Investment Clubs (AAEIC). Here it is dis- 1 prepared to follow the objects of tributed to member Ethical Investment benefit of both Science Associates. Clubs. Investment comes from the ethical 0 Members conduct their affairs as individ- _ investment club members. mankind and the uals, working in accordance with the rules A new company is then formed to com- ” of Science Associates. mercialise the idea. ecosystem. Science Associates is - as the name implies - a body comprised of members drawn from all levels of the scientific com- munity. Through Science Associates, members have the opportunity to pool ideas, to use the organisation's collective resources at every level - from the exchange of infor- mation through to the marketing of discov- eries and inventions. Members of Science Associates have access to an organisation with the capabili- ties to take a new product into the market- place - with the originator retaining an equity and sharing in the discovery or invention's profitability! Most importantly, Science Associates will promote the ethical use of the discov- ery or invention. designed to offer its a level of equity in AIMS & OBJECTIVES in the knowledge Its primary aims and objectives are: ¢ Providing a commercially oriented sci- ence service to members, industry and the public offering a broad spectrum of expertise. + Assisting members in organisation of marketing, distribution and sales facili- ties for new products and technologies. * To endeavour to use and develop sci- ence and technology in such a way that the work of a member is used in the public interest - and not exploited or developed in a manner which would cause damage to the world's ecosystem. * To discuss and consider matters affect- ing science and technology, collect and disseminate appropriate information that is calculated to be of use to members, and to establish and maintain scientific, technical and statistical libraries. * To promote and encourage the formation of companies by members prepared to follow the objects of Science Associates. Members conduct their affairs as individ- uals, working in accordance with the rules of Science Associates. be given every opportunity for realisation, endeavouring to used in a totally ethical way for the ecosystem.” NEXUS - 35 * Why is Science Associates necessary? ¢ What benefits does it have for members? * Who can become members of Science Associates? members the or discoveries will commercial benefit of both mankind and the JULY/AUGUST 1991 *- YEAR BOOK