Research and Economic         Development              Michael F. NicholsVice President for Research and Economic Developm...
Research and Economic DevelopmentKey Differences              Research                             Economic Development   ...
History Department established in 2005 to fulfil the newly-added  UM System mission – Economic Development Link research...
Technology Transfer Campus    Evaluation Process            4
Assets Under ManagementFunding Programs/Opportunities                        $7,070,000Intellectual Property Revenues (G...
Research to Commercialization Pipeline                  6
Key PartnershipsMissouri Partnership                              7
Alignment with Missouri’s Strategic Initiatives                                                Energy Solutions           ...
Research and Technology Transfer                  Highlights                                                              ...
Technology Transfer Trends                                        Number of Active License/OptionInvention Disclosures Rec...
Federal vs. Non-Federal Expenditure                ComparisonsSOURCE               UM System             Penn StateFederal...
Research Parks          and Incubator NetworksPurpose and benefit (Covenants)  Section 172.273  The Curators of the Uni...
Research Parksand Incubators Network - Status               13
Economic Development through Incubation FY12 Startups (8)    Viator Technologies, Inc.    Spogen Biotech, Inc.    Effe...
Summary of Research Goals Expand our system investment programs Expand university research collaborations with industry...
Summary of Economic Development GoalsExpand activities directed at moving technologies to the marketplaceExpand activiti...
ConclusionsChallenges  Uncertainty about Federal Expenditures  Faculty Teaching vs. Research Obligations  “First to Fi...
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4-1-13 Central MO Dev Council Meeting

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Research and Economic Development

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4-1-13 Central MO Dev Council Meeting

  1. 1. Research and Economic Development Michael F. NicholsVice President for Research and Economic Development University of Missouri System April 1, 2013 1
  2. 2. Research and Economic DevelopmentKey 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 2
  3. 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. 3
  4. 4. Technology Transfer Campus Evaluation Process 4
  5. 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 5
  6. 6. Research to Commercialization Pipeline 6
  7. 7. Key PartnershipsMissouri Partnership 7
  8. 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 8
  9. 9. Research and Technology Transfer Highlights %AUTM/NSF Data Change 2006 2011University of Missouri System 2012 2006 2011 (06-11) Rank RankResearch Expenditures $325,539,313 $272,276,876 $329,370,331 21% 48 55Disclosures Received 163 107 157 47% 51 41Gross Licensing Income $6,757,538 $2,371,287 $7,760,779 227% 58 39License/Options Signed 70 16 110 588% 69 11No. of Active Licenses/Options 284 105 232 121% 60 43US Patents Issued 34 15 33 120% 54 36Startups 8 2 5 150% 68 34 9
  10. 10. Technology Transfer Trends Number of Active License/OptionInvention Disclosures Received Agreements US Patents IssuedLicense/Option Agreements Signed 10
  11. 11. Federal vs. Non-Federal Expenditure ComparisonsSOURCE UM System Penn StateFederal $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 11
  12. 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 12
  13. 13. Research Parksand Incubators Network - Status 13
  14. 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. 14
  15. 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 15
  16. 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 16
  17. 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 17

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