Jon Down 2009 Conference Presentation

638 views
604 views

Published on

Published in: Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
638
On SlideShare
0
From Embeds
0
Number of Embeds
26
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Jon Down 2009 Conference Presentation

  1. 1. NCIIA 2009 Annual Meeting <ul><li>University Technology Spin-Offs: </li></ul><ul><li>Can Entrepreneurship Programs and Centers Impact Success? </li></ul>Jon Down, PhD University of Portland Paul Hudnut, JD Colorado State University
  2. 2. Agenda <ul><li>Tech Transfer Process & AUTM Survey Data </li></ul><ul><li>Factors Supporting Spin-Off Activity </li></ul><ul><li>Case Studies </li></ul><ul><li>Your Experiences </li></ul>
  3. 3. Tech Transfer Process <ul><li>Bayh-Dole Act of 1980 gave Universities the rights to federally funded inventions </li></ul><ul><li>Office of Technology Transfer responsible for identifying, patenting and licensing commercially promising technology </li></ul>
  4. 4. Tech Transfer Process <ul><li>Primary funding for TTOs comes from licensing fees generated </li></ul><ul><li>Typical split of licensing fees is 1/3 to the inventor, 1/3 to the inventor’s department or college, 1/3 to the TTO </li></ul>
  5. 5. AUTM Data <ul><li>The Association of University Technology Managers (AUTM) conducts an annual survey </li></ul><ul><li>AUTM has 3600 members at 350 universities and hospital research centers </li></ul><ul><li>Response rate runs about 55%, although much higher for top 100 research universities </li></ul>
  6. 6. AUTM Survey Data 1993 2006
  7. 7. AUTM Survey Data
  8. 8. AUTM Survey Data 1970 1980 2006 1995
  9. 9. AUTM Survey Data 1991 1996 2006 2001
  10. 10. AUTM Survey Data 1993 1997 2002 2006
  11. 11. AUTM Survey Data 1991 2004 2000
  12. 12. Spin-Offs Formed ’94–‘07 1993 1997 2002 2006 1994 2004
  13. 13. AUTM Survey Data <ul><li>15% of licensing agreements are with spin-offs and 85% with established firms </li></ul><ul><li>Cashed in equity has averaged only 5% of income over the past 10 years </li></ul>
  14. 14. So why bother with Spin-offs? <ul><li>Can result in local economic development </li></ul><ul><li>Good vehicle for uncertain technologies </li></ul><ul><li>Support the mission of most universities </li></ul><ul><li>Can provide revenue to the TTO & university </li></ul><ul><li>Rich learning environment </li></ul>
  15. 15. Spin-off Supporting Factors <ul><li>Tech Transfer Office policies </li></ul><ul><li>University culture </li></ul><ul><li>Tech Transfer Office experience and relationships </li></ul><ul><li>Faculty interest, availability and knowledge </li></ul>
  16. 16. Case Studies <ul><li>Envirofit </li></ul><ul><li>Solix Biofuels </li></ul><ul><li>KromaTid </li></ul>
  17. 17. Can E-Ship Programs Help? <ul><li>How have you tried to link students to university owned spin-offs? </li></ul><ul><li>What does success look like for you? </li></ul><ul><li>What has worked – and why? </li></ul><ul><li>What has not worked – why? </li></ul>

×