The document summarizes research and economic development at the University of Missouri System. It outlines key differences between research and economic development, highlights research expenditures and technology transfer metrics, and discusses goals to expand research collaborations with industry and move more technologies to market through startups and business partnerships. The vice president discusses opportunities and challenges in further advancing the university's research and economic development mission.

1. Research and Economic
Development
Michael F. Nichols
Vice President for Research and Economic Development
University of Missouri System
April 1, 2013
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2. Research and Economic Development
Key Differences
Research Economic Development
• Promote commercialization of IP
• New knowledge creation & sharing
• Work closely with TTOs
• Work closely with CROs
• Attract capital markets to move research
• Increase financial support from to market
sponsoring agencies
• Increase internships and jobs through
• Expose students to discovery process startups, incubators and research park
companies
• Optimize research efficiency, minimize
administrative burdens • Improve process to move research
to the marketplace
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3. History
 Department established in 2005 to fulfil the newly-added
UM System mission – Economic Development
 Link research and commercialization from the four UM
System campuses to emerging and existing firms across
the state and around the world
 Work closely with campus research officers, chancellors
and tech transfer offices. This process is decentralized as
each campus has their own processes, reporting lines
and points of interface.
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4. Technology Transfer Campus
Evaluation Process
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5. Assets Under Management
Funding Programs/Opportunities
$7,070,000
Intellectual Property Revenues (Gross)
$8,827,242
Real Estate Holdings & Park Revenues
$30,884,621
TOTAL $47,008,863
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6. Research to Commercialization Pipeline
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7. Key Partnerships
Missouri Partnership
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8. Alignment with Missouri’s Strategic Initiatives
Energy Solutions
$48,311,807
Advanced Manufacturing Transportation and Logistics
$127,708,231 $5,736,088
FY2010-2012
• $922 million (95%) Aligned with
Financial and Professional
Services state initiatives
Health Care Sciences and
$26,496,334
Services
$224,302,863
Biosciences Information Technology
$470,412,375 $19,234,244
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9. Research and Technology Transfer
Highlights
%
AUTM/NSF Data Change 2006 2011
University of Missouri System 2012 2006 2011 (06-11) Rank Rank
Research Expenditures $325,539,313 $272,276,876 $329,370,331 21% 48 55
Disclosures Received 163 107 157 47% 51 41
Gross Licensing Income $6,757,538 $2,371,287 $7,760,779 227% 58 39
License/Options Signed 70 16 110 588% 69 11
No. of Active Licenses/Options 284 105 232 121% 60 43
US Patents Issued 34 15 33 120% 54 36
Startups 8 2 5 150% 68 34
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10. Technology Transfer Trends
Number of Active License/Option
Invention Disclosures Received
Agreements
US Patents Issued
License/Option Agreements Signed
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11. Federal vs. Non-Federal Expenditure
Comparisons
SOURCE UM System Penn State
Federal $179,110,126 54% $477,086,000 59%
University $124,586,930 38% $142,351,000 18%
State $4,499,429 1% $77,979,000 10%
Industry and other $21,173,847 7% $107,373,000 13%
Total $329,370,331 $804,789,000
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12. Research Parks
and Incubator Networks
Purpose and benefit (Covenants)
Section 172.273
The Curators of the University of Missouri may establish
research, development and office park projects, in order to
promote cooperative relationships and to provide for shared
resources between private individuals, companies and
corporations, and the University of Missouri, for the
advancement of the University in carrying out its
educational mission and such projects are declared to be in
furtherance of the purposes of the university.
Future
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13. Research Parks
and Incubators Network - Status
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14. Economic Development through Incubation
FY12 Startups (8)
Viator Technologies, Inc.
Spogen Biotech, Inc.
Effexus Pharmaceuticals, LLC.
Eternogen, LLC.
NanoElectromagnetics, LLC.
HLB Horizons, LLC.
EyeVerify, LLC.
Q3D Visual Diagnostics, LLC.
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15. Summary of Research Goals
 Expand our system investment programs
 Expand university research collaborations with industry
 Support of technology based economic development through
activities directed at moving technologies to the marketplace,
creating start-up companies, and increasing tenants in our
incubators and research parks
 Increase interdisciplinary research and intercampus research
collaboration
 Become recognized leaders in chosen areas that are defined in
strategic planning
(ex. Engineering, Life, Bio, Plant and Animal Science)
 Align accountability measures
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16. Summary of Economic Development Goals
Expand activities directed at moving technologies to
the marketplace
Expand activities directed at the creation of startup
companies
Increase the number and engagement of companies in
our incubator network and research parks
Create, participate, enhance and maintain regional
economic development activities through material
partnerships with other research institutions, business
enterprises, state and local government and economic
development agencies
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17. Conclusions
Challenges
Uncertainty about Federal Expenditures
Faculty Teaching vs. Research Obligations
“First to File” changes in patent law
Opportunities
Commercialization as part of promotion/tenure
Added faculty for research
Interdisciplinary Intercampus Research Projects
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