tech transfer
Tech Transfer Approach, Institutional Characteristics Influence Academic Research Commercialization
While there has been a significant amount of focus on identifying and cultivating academic entrepreneurs, two recent studies indicate that the environmental factors are equally important in the commercialization of academic research. These studies find that the commercialization approach of the tech transfer offices (TTOs) and institutional characteristics were vital in the success of academic research commercialization.
AAU, APLU Taskforces Craft Recommendations for University Tech Transfer Principles
Working groups at The Association of Public and Land-grant Universities (APLU) and The Association of American Universities (AAU), two membership organizations of higher education institutions, have released statements on the role of universities in managing intellectual property and technology transfer alongside their core missions and interest in maximizing public benefit.
More Universities Expand Beyond Tech Transfer to Generate Startups
Earlier this year, the University of Washington (UW) relaunched its technology commercialization office as CoMotion, an entrepreneurial hub and makerspace. In doing so, UW joined a growing number of universities that have opened up their technology transfer operations to approaches inspired by the tech startup scene. The transformations of the University of Pennsylvania, Wake Forest, Tufts University and UCLA recently were profiled in Nature Biotechnology.
Illinois Universities Keep Spinoff Companies Close to Home
Of the 118 university-based startups launched in Illinois between 2006-13, about 73 percent remain in the state, according to the latest issue of the Illinois Innovation Index. The 2013 fourth quarter report of the Index focuses on the recent strides made by the state in building a stronger technology transfer pipeline. During the five-year period of 2008-12, Illinois universities received 47 percent more patents than they did during the 2003-07 period, almost triple the national growth rate.
Improved FLC Search Tool Delivers Technology Opportunities
Businesses and entrepreneurs seeking commercializable technologies now have a powerful tool to locate inventions developed at federal labs. The Federal Laboratory Consortium for Technology Transfer first introduced its Available Technologies search engine last fall, but now has upgraded the tool with a Google-powered search and user profiles. Users now can create more specific search queries, which can be saved for repeated use. Access the search engine...
With Federal Support, Proof-of-Concept Centers Spur National Innovation
A report from authors Samantha Bradley, Christopher S. Hayter, and Albert N. Link explores the burgeoning role of proof-of-concept centers (PoCC) in supporting the country's innovation infrastructure. The report suggests that shifting dynamics in the global economy will continue to increase the importance of PoCCs in supporting regional innovation and national competitiveness.
Southwestern Universities Reorganizing Their Economic Development, Technology Transfer Activities
Two universities, the University of New Mexico (Albuquerque, NM) and the University of Arizona (Tucson, AZ), are expanding or restructuring their economic development operations to improve commercialization of technology stemming from faculty research and the coordination and business development in their communities.
Faculty Involvement Credited with Tech Transfer Boost in NM, TN
New efforts to step up technology transfer at the University of New Mexico (UNM) and the University of Tennessee (UT) have resulted in a record number of invention disclosures over the last year. In both cases, much of the achievement is attributed to faulty involvement, including new outreach efforts by the universities and more aggressive and ambitious goals set for the institutions.
Highly Motivated Students, Faculty Play Key Role in Successful University Spinoffs
With their vast knowledge about technology and access to expertise inside and outside the university, graduate and post doctoral students play an important role in helping spinoff successful companies. Moreover, universities should encourage students to explore entrepreneurship through spinoffs as a potential career option outside of academia. This recommendation is among three guidelines outlined in a recent report that examines the important roles of students and faculty in the university technology transfer process.
Report Highlights Economic Impact of Tech Transfer on U.S. Economy Between 1996 and 2010
The Biotechnology Industry Organization (BIO) released a report on the significant economic impact of university and nonprofit institution patent licensing on the U.S. economy between 1996 and 2012. According to The Economic Contribution of University/Nonprofit Inventions in the United States: 1996-2010, the economic impact data related to patent licensing from university and nonprofit institutions indicated: