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Ohio University. OHIO UNIVERSITY Economic & Technology Development. Ohio University. 1996-2001 Ohio Metrics. M$ Research/Invention Disclosure M$ Research/Startup $ Research/ $1.00 Royalty Income M$ Research/Licenses & Opt. executed M$ Research/ Issued US Patent. Ohio University.
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Ohio University OHIO UNIVERSITY Economic & Technology Development
Ohio University 1996-2001 Ohio Metrics • M$ Research/Invention Disclosure • M$ Research/Startup • $ Research/ $1.00 Royalty Income • M$ Research/Licenses & Opt. executed • M$ Research/ Issued US Patent
Ohio University 1996-2001 Ohio Metrics • Ohio Institutions received $5.437B research dollars • US Total was $137.3B • On per capita basis Ohio recv. - 84%
Ohio University 1996-2001 Ohio MetricsResearch $/Inv. Dis. • US Average = $2,319,956 • Ohio Institutions = $2,028,319 • Ohio -US Comparison - 114%
Ohio University 1996-2001 Ohio MetricsResearch $/US Patents issued • US Average = $8,259,678 • Ohio Institutions = $8,048,884 • Ohio -US Comparison - 103%
Ohio University 1996-2001 Ohio MetricsResearch $/Start Up • US Average = $79,277,648 • Ohio Institutions = $97,100,372 • Ohio -US Comparison - 82%
Ohio University 1996-2001 Ohio MetricsResearch $/Lic & Opt Executed • US Average = $7,287,771 • Ohio Institutions = $11,380,842 • Ohio -US Comparison - 64%
Ohio University 1996-2001 Ohio MetricsResearch $/Royalty$ • US Average = $35.34 • Ohio Institutions = $74.34 • Ohio -US Comparison - 47%
Ohio University 1996-2001 Ohio MetricsSummary • Ohio is above US Average in: • Invention disclosures – 114% • Patents Issued – 103% • Ohio is below US Average in: • Start-ups – 82% • Licenses & Options – 64% • Royalty $ - 47%
Ohio University Ohio University’sApproach • Integrate IP and technology development • Hometown venture funds • IP development funds • Business start-up assistance • Business incubator space
Ohio University Integrate IP and Tech. Dev. Innovation Center (OU’s business incubator) and OU’s TTO report directly to the AVP for Economic & Technology Development - 1992
Ohio University Venture Funds • Athenian Venture Funds • Fund 1 - $13M (1994) • Fund 2 - $75M (2002)
Ohio University IP Development Funds • Early Stage Development Fund(ESDF) - 1998 • $100K/yr • Selected Invention Disclosures • $20-$30K/project • 12 –24 months
Ohio University IP Development Funds • SE Ohio Science Commercialization Initiative • OU/Battelle/OUF/TAF • Accelerate technology development • Attract additional commercialization funds • Technology based start-ups in SE Ohio • $200-$500K/project • Business formation preferred outcome
Ohio University Business start-up Assistance & Space • Ohio University Innovation Center -1983 • 35,000 ft2 total • 7,500 ft2 wet lab capacity • 1,400 ft2 high bay prototype manufacturing • $5.7M facility • ~1/2 from Federal grants; ~1/2 Bonds
Ohio University Contact Info. Bld. 20, Suite 190, The Ridges Tel: 593-1818 Fax: 593-0186 E-mails: meyerg@ohio.edu clark@ohio.edu malott@ohio.edu Website: www.innovationcenter.ohiou.edu