New Data Reveal University Licensing, Startup Formation Remain Strong

Article ID: 579564

Released: 12-Aug-2011 11:00 AM EDT

Source Newsroom: Association of University Technology Managers

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New data reveal university licensing activity and startup formation remain strong for fiscal year 2010

Newswise — Deerfield, IL — In fiscal year 2010 despite a chilly economic climate, university and research institute licensing and startup activity remained strong according to survey data published July 25 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: FY2010, 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 provide interesting insights as to the state of academic technology transfer,” says Shawn Hawkins, AUTM vice president for metrics & surveys.

“The number of startups increased over fiscal year 2009, and 657 new products were introduced to the marketplace," says Robin L. Rasor, CLP, RTTP, AUTM president.

Highlights of the AUTM U.S. Licensing Activity Survey: FY2010 include:

•657 new commercial products created •4,284 licenses executed•1,078 options executed•398 executed licenses containing equity •38,528 active licenses and options•651 startup companies formed, 498 of which had their primary place of business in the licensing institution’s home state•3,657 startups still operating as of the end of FY2010

Patents filed•18,712 total U.S. patent applications•12,281 new U.S. patent applications•1,116 non-U.S. patent applications

Patents issued•4,469 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 November.

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.# # #

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