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Quarterly Regional Breakfast
Anson W Fatland, PhD
AVP for Economic Development &
External Affairs


April 10 2013
For Today


• About WSU
• Commercialization and Tech Transfer
• Economic Impact
WSU Research and Innovation Stations
WSU Commercialization by the Numbers


• 2008-2012, WSU:
  Wasawarded nearly $1 billion in external research
  funding
  – 8,700 individual awards
  Brought  in more than $27 million in industry-
   sponsored research
  Received more than 300 invention disclosures from
   faculty
  Filed over 300 patent applications
  Was awarded 55 patents
  Created 16 startup companies
What Are WSU’s Core Competencies in IP?
Breadth of IP Portfolio
WSU Research and Technology Park


• One 50,000 square-foot building
  Leased   by established and growing companies
  – BioNiche
  – Phytelligence
  – Composite and Materials Engineering Center
  4,000   square feet of Incubator space
• Second 25,000 square-foot building
  Mid-size   companies
  – 3D4U Solutions
  – Family Home Care/Gentiva
  – Office of Commercialization
Some of WSU’s Contributions to the WA Economy
 • $1 billion of est. $2 billion North American wood composites
   market stems from WSU research
 • Over $6B annual tree fruit industry in Washington
 • WA is one of the most productive wheat growing regions in the
   world
  •   In 2011 the WA wheat crop was valued at more than $1 billion; WSU-
      developed seed counted for 28% of planted crop
 • Grape growers create Washington’s $8.6B annual premium wine
   grape industry in Washington – New wine science center in
   Richland
 • Biofuels research supports aviation industry and positions PNW to
   become hub of biofuels
 • In 2012 SBDC helped 3,074 small business, created or saved 922
   jobs, and helped source more then $35 million in capital; SBDC
   clients generated $6.9 million in tax revenues
WSU Commercialization of WA-38

• Developed by Dr. Kate Evans at WSU Research
  Station in Wenatchee
  In   development for 15 years
• Large, dark red apple, with firm, crisp, juicy
  texture; stores remarkably well
• Est. 2016 for fruit-bearing trees in production
New Li-ion Battery Technology
• Developed novel anode
  material for Li-ion battery that
  increases capacity, increases
  lifetime, and reduces costs
• WSU Researcher Patents
  Longer Battery Life – npr.org,
  5/23/2012
• Battery Technology: WSU
  Patents Tin and Lithium
  Battery Design,
  wacleantech.org, 5/25/2012
• WSU Researchers Turn Battery
  Research on its Head,
  seattletimes.com, 6/3/2012
Why Should WSU do Tech Transfer?


• Facilitate commercialization of research results for
  the public good
• Reward, retain, and recruit high-quality
  researchers
• Build closer ties to industry
• Generate income for further research and
  education and promote economic development
• Act as a tie-in with entrepreneurship and
  innovation programs across academic units
The New WSU Office of Commercialization

• Office of the President, March 5, 2013
…I have asked Anson Fatland...to oversee creation of the new WSU
 Office of Commercialization (which) is a much more direct
 description of what we want to do – bring to the commercial
 market the good work of our researchers for the benefit of our
 stakeholders and beyond. It also gives increased institutional
 emphasis on innovation, discovery, commercialization,
 industry partnerships, and economic development.
The long-term vision for this new organization, which we are
 working to launch by July 1 this year, is to help create an
 institution-wide culture of coordination and cooperation, a
 culture of entrepreneurship, innovation, and development. We
 will continue to add tools, resources, and programs to support
 these activities; the new Office of Commercialization is an
 important and exciting first step.
WSU’s Economic Contribution of
Washington State University
to the State of Washington
WSU Source of Funds FY2011




                        $868.4 million
FY2011 Use of Funds
WSU Economic Contributions

WSU impacts the economy of the state of Washington
•Directly through:
    Creation of human capital through education
    Research and innovation that generates and disseminates new
     information
    Participation in public service through WSU Extension and other
     outreach activities

•Investments in construction and equipment on campuses
•Indirectly through vendors
•Re-investment by WSU employees
•Student activities and experiences
•Out-of-town visitors attending athletic events
Economic Impacts


• WSU Expenditures
  $783.4   million $2.3 billion impact
  – 2.98 multiplier effect
• Capital Investment (Construction and Equipment)
  $115.1   million  $199.6 million
  – 1.73 multiplier effect
• Student Activities
  $481.5   million  $1.016 billion
  – 2.11 multiplier effect
WSU Tax and Job Impacts


• State and Local Tax Effects of WSU programs include:
    Construction and equipment
    Students and dependents
    Athletic and major events


• Total tax contributions: $147.9 million


• WSU and related economic activity supported 20,900
  jobs beyond the University
    0.74 % of Washington non-farm employment in 2011
WSU Economic Performance per State Dollar


• WSU state appropriations for FY 2011 were $189.2
  million


• Economic activity generated by WSU expenditures,
  including construction and equipment, was $2.5
  billion
    $13.41 per dollar of state appropriations


• Economic activity generated by WSU including by
  spending by students and on events was $3.5 billion
    $18.89 per dollar of state appropriations
WSU Land Grant Mission: Education

• High school graduates have work-life earnings of $1.8
  million
• Bachelor degrees have work-life earnings of $3.5
  million
• In FY 2011, WSU graduated 6,391 students
    5,221 bachelor's degrees; $1.7 million in additional earnings
    763 master's degrees; $500,000 in additional earnings
    211 doctoral degrees; $700,000 in additional earnings
    196 professional degrees; $1.3 million in additional earnings


• Additional human capital contributed by WSU for the
  FY 2011 graduates was $9.7 billion
WSU Land Grant Mission: Research




                            $236.9 million
WSU Land Grant Mission: Research


• The USDA estimates a benefit/cost ratio for
  agricultural research is 15:1
• WSU was awarded $105.0 million for agricultural
  research in FY 2011
• Benefits of WSU agricultural research from the $105.0
  million investment in FY 2011 are expected to be $1.6
  billion
• If remaining WSU research produced similar returns,
  the total benefits from WSU research would be $3.6
  billion from FY 2011 research investments of $236.9
  million
WSU Economic Contributions FY 2011


• Total WSU expenditures, including construction and
  equipment, generate $2.5 billion economic
  contribution to Washington
• Spending by student and dependents and on athletic
  events contribute an additional $1.0 billion
• Washington 2011 Gross State Product was $355.1
  billion
• Total economic contribution of WSU and students is
  $3.6 billion, or 1% of Gross State Product
Long Term Economic Contributions for FY 2011


• WSU enhanced human capital for FY 2011 graduates
  by $9.7 billion
• WSU agricultural research investments in FY 2011 are
  expected to produce $1.6 billion in benefits; at a
  similar multiplier, total research investments produce
  economic benefits of $3.6 billion
• Total $13.3 billion
Summary of WSU Economic Contributions




                               Long Term
Economic Contributions
                            Expected Benefits
   Total $3.6 billion
                            Total $13.3 billion
Thank You!
     ansonf@wsu.edu
      206-612-2589




economicdevelopment.wsu.edu

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10 april2013

  • 1. Quarterly Regional Breakfast Anson W Fatland, PhD AVP for Economic Development & External Affairs April 10 2013
  • 2. For Today • About WSU • Commercialization and Tech Transfer • Economic Impact
  • 3. WSU Research and Innovation Stations
  • 4. WSU Commercialization by the Numbers • 2008-2012, WSU:  Wasawarded nearly $1 billion in external research funding – 8,700 individual awards  Brought in more than $27 million in industry- sponsored research  Received more than 300 invention disclosures from faculty  Filed over 300 patent applications  Was awarded 55 patents  Created 16 startup companies
  • 5. What Are WSU’s Core Competencies in IP?
  • 6. Breadth of IP Portfolio
  • 7. WSU Research and Technology Park • One 50,000 square-foot building  Leased by established and growing companies – BioNiche – Phytelligence – Composite and Materials Engineering Center  4,000 square feet of Incubator space • Second 25,000 square-foot building  Mid-size companies – 3D4U Solutions – Family Home Care/Gentiva – Office of Commercialization
  • 8. Some of WSU’s Contributions to the WA Economy • $1 billion of est. $2 billion North American wood composites market stems from WSU research • Over $6B annual tree fruit industry in Washington • WA is one of the most productive wheat growing regions in the world • In 2011 the WA wheat crop was valued at more than $1 billion; WSU- developed seed counted for 28% of planted crop • Grape growers create Washington’s $8.6B annual premium wine grape industry in Washington – New wine science center in Richland • Biofuels research supports aviation industry and positions PNW to become hub of biofuels • In 2012 SBDC helped 3,074 small business, created or saved 922 jobs, and helped source more then $35 million in capital; SBDC clients generated $6.9 million in tax revenues
  • 9. WSU Commercialization of WA-38 • Developed by Dr. Kate Evans at WSU Research Station in Wenatchee  In development for 15 years • Large, dark red apple, with firm, crisp, juicy texture; stores remarkably well • Est. 2016 for fruit-bearing trees in production
  • 10. New Li-ion Battery Technology • Developed novel anode material for Li-ion battery that increases capacity, increases lifetime, and reduces costs • WSU Researcher Patents Longer Battery Life – npr.org, 5/23/2012 • Battery Technology: WSU Patents Tin and Lithium Battery Design, wacleantech.org, 5/25/2012 • WSU Researchers Turn Battery Research on its Head, seattletimes.com, 6/3/2012
  • 11. Why Should WSU do Tech Transfer? • Facilitate commercialization of research results for the public good • Reward, retain, and recruit high-quality researchers • Build closer ties to industry • Generate income for further research and education and promote economic development • Act as a tie-in with entrepreneurship and innovation programs across academic units
  • 12. The New WSU Office of Commercialization • Office of the President, March 5, 2013 …I have asked Anson Fatland...to oversee creation of the new WSU Office of Commercialization (which) is a much more direct description of what we want to do – bring to the commercial market the good work of our researchers for the benefit of our stakeholders and beyond. It also gives increased institutional emphasis on innovation, discovery, commercialization, industry partnerships, and economic development. The long-term vision for this new organization, which we are working to launch by July 1 this year, is to help create an institution-wide culture of coordination and cooperation, a culture of entrepreneurship, innovation, and development. We will continue to add tools, resources, and programs to support these activities; the new Office of Commercialization is an important and exciting first step.
  • 13. WSU’s Economic Contribution of Washington State University to the State of Washington
  • 14. WSU Source of Funds FY2011 $868.4 million
  • 15. FY2011 Use of Funds
  • 16. WSU Economic Contributions WSU impacts the economy of the state of Washington •Directly through:  Creation of human capital through education  Research and innovation that generates and disseminates new information  Participation in public service through WSU Extension and other outreach activities •Investments in construction and equipment on campuses •Indirectly through vendors •Re-investment by WSU employees •Student activities and experiences •Out-of-town visitors attending athletic events
  • 17. Economic Impacts • WSU Expenditures  $783.4 million $2.3 billion impact – 2.98 multiplier effect • Capital Investment (Construction and Equipment)  $115.1 million  $199.6 million – 1.73 multiplier effect • Student Activities  $481.5 million  $1.016 billion – 2.11 multiplier effect
  • 18. WSU Tax and Job Impacts • State and Local Tax Effects of WSU programs include:  Construction and equipment  Students and dependents  Athletic and major events • Total tax contributions: $147.9 million • WSU and related economic activity supported 20,900 jobs beyond the University  0.74 % of Washington non-farm employment in 2011
  • 19. WSU Economic Performance per State Dollar • WSU state appropriations for FY 2011 were $189.2 million • Economic activity generated by WSU expenditures, including construction and equipment, was $2.5 billion  $13.41 per dollar of state appropriations • Economic activity generated by WSU including by spending by students and on events was $3.5 billion  $18.89 per dollar of state appropriations
  • 20. WSU Land Grant Mission: Education • High school graduates have work-life earnings of $1.8 million • Bachelor degrees have work-life earnings of $3.5 million • In FY 2011, WSU graduated 6,391 students  5,221 bachelor's degrees; $1.7 million in additional earnings  763 master's degrees; $500,000 in additional earnings  211 doctoral degrees; $700,000 in additional earnings  196 professional degrees; $1.3 million in additional earnings • Additional human capital contributed by WSU for the FY 2011 graduates was $9.7 billion
  • 21. WSU Land Grant Mission: Research $236.9 million
  • 22. WSU Land Grant Mission: Research • The USDA estimates a benefit/cost ratio for agricultural research is 15:1 • WSU was awarded $105.0 million for agricultural research in FY 2011 • Benefits of WSU agricultural research from the $105.0 million investment in FY 2011 are expected to be $1.6 billion • If remaining WSU research produced similar returns, the total benefits from WSU research would be $3.6 billion from FY 2011 research investments of $236.9 million
  • 23. WSU Economic Contributions FY 2011 • Total WSU expenditures, including construction and equipment, generate $2.5 billion economic contribution to Washington • Spending by student and dependents and on athletic events contribute an additional $1.0 billion • Washington 2011 Gross State Product was $355.1 billion • Total economic contribution of WSU and students is $3.6 billion, or 1% of Gross State Product
  • 24. Long Term Economic Contributions for FY 2011 • WSU enhanced human capital for FY 2011 graduates by $9.7 billion • WSU agricultural research investments in FY 2011 are expected to produce $1.6 billion in benefits; at a similar multiplier, total research investments produce economic benefits of $3.6 billion • Total $13.3 billion
  • 25. Summary of WSU Economic Contributions Long Term Economic Contributions Expected Benefits Total $3.6 billion Total $13.3 billion
  • 26. Thank You! ansonf@wsu.edu 206-612-2589 economicdevelopment.wsu.edu

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