Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

New Data Reveal University Startup Creation, Licensing Activity Strong Despite Economic Downturn

05.10.2010
In fiscal year 2009, in the midst of the Great Recession, 596 new companies were formed as a result of university research, according to survey data published Oct. 4 by the Association of University Technology Managers (AUTM), a nonprofit association of academic technology transfer professionals.

AUTM announces the release of highlights from the AUTM U.S. Licensing Activity Survey: FY2009, a report scheduled for release at the end of the year. The survey summary shares quantitative information about and real-world examples of licensing activities at U.S. universities, hospitals and research institutions.

“The data in this survey reveal that universities were able to maintain their level of startup company creation,” says Ashley J. Stevens, DPhil, CLP, AUTM president. He adds, “The majority of these startups are located in the licensing institution’s home state, further proof that the Bayh-Dole Act continues to have a positive impact on local economies.”

Enacted on December 12, 1980, the Bayh-Dole Act enabled academic institutions and businesses to retain title to inventions made under federally funded research programs and created a uniform intellectual property management policy for the federal agencies that fund research. This year marks the Act’s 30th anniversary.

“The data offer a glimpse into the state of academic technology transfer,” says Shawn Hawkins, AUTM vice president for metrics & surveys. She adds, “Total license income declined 32.5 percent from what had been reported in fiscal year 2008, but this was expected because the 2008 figures included two large, one time royalty stream monetization payments totaling close to $1 billion. The 2009 figure is much closer to the historic trend line without 2008."

Highlights of the AUTM U.S. Licensing Activity SurveyTM FY2009 include:
• 658 new commercial products introduced
• 5,328 total license and options executed, 4,374 of which were licenses
• 596 new companies formed
• 3,423 startup companies still operating as of the end of FY2009
• $53.5 billion total sponsored research expenditures
• 20,309 disclosures
• $2.3 billion total licensing income
Patents filed
• 18,214 total U.S. patent applications
• 8,364 new U.S. patent applications
• 1,322 non-U.S. patent applications
Patents issued
• 3,417 issued U.S. patents
Members of the press may contact Jodi Talley at +1-847-559-0846 or jtalley@autm.net at AUTM headquarters for additional survey highlights and information, to set up an interview and to request a complimentary copy of the survey summary when it is published in December.

About AUTM

The Association of University Technology Managers is a nonprofit organization with an international membership of more than 3,000 technology managers and business executives. AUTM members — managers of intellectual property, one of the most active growth sectors of the global economy —come from more than 300 universities, research institutions and teaching hospitals as well as numerous businesses and government organizations.

Jodi Talley | Newswise Science News
Further information:
http://www.autm.net

More articles from Business and Finance:

nachricht Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik

nachricht Preferential trade agreements enhance global trade at the expense of its resilience
17.02.2017 | International Institute for Applied Systems Analysis (IIASA)

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: A Challenging European Research Project to Develop New Tiny Microscopes

The Institute of Semiconductor Technology and the Institute of Physical and Theoretical Chemistry, both members of the Laboratory for Emerging Nanometrology (LENA), at Technische Universität Braunschweig are partners in a new European research project entitled ChipScope, which aims to develop a completely new and extremely small optical microscope capable of observing the interior of living cells in real time. A consortium of 7 partners from 5 countries will tackle this issue with very ambitious objectives during a four-year research program.

To demonstrate the usefulness of this new scientific tool, at the end of the project the developed chip-sized microscope will be used to observe in real-time...

Im Focus: Giant Magnetic Fields in the Universe

Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.

The results will be published on March 22 in the journal „Astronomy & Astrophysics“.

Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...

Im Focus: Tracing down linear ubiquitination

Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.

Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...

Im Focus: Perovskite edges can be tuned for optoelectronic performance

Layered 2D material improves efficiency for solar cells and LEDs

In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...

Im Focus: Polymer-coated silicon nanosheets as alternative to graphene: A perfect team for nanoelectronics

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

International Land Use Symposium ILUS 2017: Call for Abstracts and Registration open

20.03.2017 | Event News

CONNECT 2017: International congress on connective tissue

14.03.2017 | Event News

ICTM Conference: Turbine Construction between Big Data and Additive Manufacturing

07.03.2017 | Event News

 
Latest News

Transport of molecular motors into cilia

28.03.2017 | Life Sciences

A novel hybrid UAV that may change the way people operate drones

28.03.2017 | Information Technology

NASA spacecraft investigate clues in radiation belts

28.03.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>