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 RWI/ISL-Container Throughput Index ending 2017 on a positive note
24.01.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

nachricht Uncovering decades of questionable investments
18.01.2018 | University of Texas at Austin, Texas Advanced Computing Center

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: In best circles: First integrated circuit from self-assembled polymer

For the first time, a team of researchers at the Max-Planck Institute (MPI) for Polymer Research in Mainz, Germany, has succeeded in making an integrated circuit (IC) from just a monolayer of a semiconducting polymer via a bottom-up, self-assembly approach.

In the self-assembly process, the semiconducting polymer arranges itself into an ordered monolayer in a transistor. The transistors are binary switches used...

Im Focus: Demonstration of a single molecule piezoelectric effect

Breakthrough provides a new concept of the design of molecular motors, sensors and electricity generators at nanoscale

Researchers from the Institute of Organic Chemistry and Biochemistry of the CAS (IOCB Prague), Institute of Physics of the CAS (IP CAS) and Palacký University...

Im Focus: Hybrid optics bring color imaging using ultrathin metalenses into focus

For photographers and scientists, lenses are lifesavers. They reflect and refract light, making possible the imaging systems that drive discovery through the microscope and preserve history through cameras.

But today's glass-based lenses are bulky and resist miniaturization. Next-generation technologies, such as ultrathin cameras or tiny microscopes, require...

Im Focus: Stem cell divisions in the adult brain seen for the first time

Scientists from the University of Zurich have succeeded for the first time in tracking individual stem cells and their neuronal progeny over months within the intact adult brain. This study sheds light on how new neurons are produced throughout life.

The generation of new nerve cells was once thought to taper off at the end of embryonic development. However, recent research has shown that the adult brain...

Im Focus: Interference as a new method for cooling quantum devices

Theoretical physicists propose to use negative interference to control heat flow in quantum devices. Study published in Physical Review Letters

Quantum computer parts are sensitive and need to be cooled to very low temperatures. Their tiny size makes them particularly susceptible to a temperature...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

2nd International Conference on High Temperature Shape Memory Alloys (HTSMAs)

15.02.2018 | Event News

Aachen DC Grid Summit 2018

13.02.2018 | Event News

How Global Climate Policy Can Learn from the Energy Transition

12.02.2018 | Event News

 
Latest News

Rare find from the deep sea

20.02.2018 | Life Sciences

In living color: Brightly-colored bacteria could be used to 'grow' paints and coatings

20.02.2018 | Life Sciences

Observing and controlling ultrafast processes with attosecond resolution

20.02.2018 | Physics and Astronomy

VideoLinks
Science & Research
Overview of more VideoLinks >>>