University Based Technology Transfer

1. University Based Technology Transfer Steve Bauer Director, RERC on Technology Transfer State of the Science Conference RERC on Advancing Cognitive Technologies Barriers to the Flow of Intellectual Property October 25-26, 2007 Denver, Colorado

2. Acknowledgements • NIDRR • RERC on Advancing Cognitive Technologies • Cathy Bodine, Michael Lightner • RERC on Technology Transfer • UB colleagues & friends

3. Patents and Trademarks Act • Governing legislation • Nonprofits receiving federal $ (universities+) • Assigns IP ownership to non-profits • Objectives • utilization of Federal R&D inventions • small business benefitting from Federal R&D • collaboration of nonprofits and private sector • increase competition and enterprise • commercialize Federal R&D inventions

4. Patents and Trademarks Act • Assignee responsibilities • disclose assignment to funding agency • seek patent protection for invention • grant non-exclusive rights to funding agency • commercialize invention • cannot re-assign invention • share royalties with inventor Public benefit… NOT university enrichment

5. TTO Metrics • Royalties+ • # Licenses • # Equity Positions • # Patents • # Patent Applications • # Market Reports • # Disclosures (Faculty) Corollaries: home runs, large & known markets, health sciences & engineering, IP gatekeepers…

6. AUTM 2004 Annual Survey • 196 universities • 96 of 100 top universities • 84.5% of respondents (196 of 232) • $40.2B total revenue • $27.6B federal 65.7% • $2.9B private 7.2% [25%] • $1.4B royalty+ 3.5% 9.6~1.0 total > federal > private > license

7. Business Metrics • Students • Faculty • Infrastructure • Collaborative research (non-IP) • Consortia (IP) • Technology • licensing • start ups In all cases, IP needs to be resolved up front Reference: AUTM 2006, U. Minnesota Manufacturer Survey

8. Research Funding State & Federal Corporate Publications Patents… Tenure Teaching Mentorship Service Recognition NOT disclosures NOT intellectual property NOT business culture NOT startups NOT SBIR/STTR Faculty Metrics Disclosure ~ conference paper? Patent ~ journal paper? License ~ grant?

9. Recommendations • University • new success metrics (total > private/public > royalty), combine TTO & SR, TTO (service provider), faculty AND corporations (customers), new TTO funding formula • Faculty • new faculty metrics, regular proactive communication, teach (business culture, disclosures, intellectual property, business start up, SBIR/STTR…) • Disclosure • short, lay, market, technology, competition, IP, business plan, contact, references

10. Recommendations • Companies • adopt company metrics, establish network, regular proactive communication, practice business culture, all sizes & types, champion • Brokering • inventor > direct marketing > reputable journals >> other • Intellectual property • adopt due diligence (intent of B.D.), patent, don’t fight over “new” IP (with companies, other universities)

11. Recommendations • Licensing • exploratory, access to inventor • Development • SBIR/STTR, R&D facilities, on campus R&D, incubators, start up funding, non-IP R&D, consortia • Other • knowledge & experience, contracts & collaborations business, technical, market… legal

12. Questions? Thank You!