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THE RESIDENT AFFILIATE PROGRAM IN TECHNOLOGY TRANSFER Mark Coticchia Vice President for Research and Technology Management. Our university. About our region. Our university. About Case. Research: $400 million/yr. Endowment: $1.9 billion Operating budget: $853 million/yr.
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THE RESIDENT AFFILIATE PROGRAM IN TECHNOLOGY TRANSFER Mark Coticchia Vice President for Research and Technology Management
Our university About our region
Our university About Case • Research: $400 million/yr. • Endowment: $1.9 billion • Operating budget: $853 million/yr. • Enrollment: 9,800+ students • Advanced degrees: 5,600 • All 50 states & 77 nations • Economic impact: $1billion/yr.
CWRU Research & Technology Transfer Office TECHNOLOGY TRANSFER About Case – our office • Results – since FY 2002: • Generated $51M in revenue on $12M in operating expenses – a 4.25X ROI • Ranked in top-10 nationally; number one in Ohio • $130M invested in CWRU spin-offs in 2007 • Equity holding in all CWRU spin-offs is $5.6M • Have grown from 3 VC’s to more than 25
Resident Affiliate Program About Case – our office • Program developed early 2008 • Mission: recruit technology transfer professionals worldwide • Learn more about commercializing in non-U.S. markets • Share knowledge
Resident Affiliate Program About Case – our office • Work side-by-side • “Win-Win” Opportunity • Ideal candidates
Resident Affiliate Program About Case – our office • Participation in meetings, public courses • Receive course recommendations
Resident Affiliate Program About Case – our office • Unpaid residency; obligation for travel and living expenses • No fee to participate in the program • Office space, equipment, general office resources • Project schedule and timetable
Resident Affiliate Program About Case – our office • Individualized program • Participants from all over the world • Celebrate similarities and differences
Our First Resident Affiliate About Case – our office • Our first Resident Affiliate: • Andrea Frosini • University of Siena, Italy • Biomedical analyst and patent specialist; tech transfer manager • Development engineer • M.S. degree, University of Florence; Ph.D., University of Milan • Focus on molecular biology and bioinformatics Andrea Frosini First Resident Affiliate Technology Transfer
Our First Resident Affiliate About Case – our office • Lessons learned and taught by • Andrea Frosini • Learned: • Need for solid organizational structure • Importance of tracking tech transfer processes • First conversations with researchers • Disclosure of inventions • Commercial licensing agreements • Taught: • Non-U.S. patents • Non-U.S. processes • We are different…and the same • Global networking Andrea Frosini First Resident Affiliate Technology Transfer
Contact Technology Transfer at Case: http://techtransfer.case.edu Technology Transfer Office Case Western Reserve University 10900 Euclid Avenue,Sears Building, 6th Floor Cleveland, OH 44106-7219 12