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Effects of Patenting and Technology Transfer on Commercialization

Effects of Patenting and Technology Transfer on Commercialization. Katharine Ku Director Office of Technology Licensing Stanford University. Technology Transfer is Complex. “Technology Champion” is the most important factor Patents are only a small part of the picture

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Effects of Patenting and Technology Transfer on Commercialization

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  1. Effects of Patenting and Technology Transfer on Commercialization Katharine Ku Director Office of Technology Licensing Stanford University

  2. Technology Transfer is Complex • “Technology Champion” is the most important factor • Patents are only a small part of the picture • Commercialization of university research is high risk and success depends on receptiveness of industry/entrepreneurs

  3. Does Tech Transfer Affect Institutional Behavior? • Administration doesn’t “know” about the deals beforehand • Royalty revenue does not rise to the level of Stanford’s annual report • Conflict of interest issues are reviewed independently from “deal” • Equity management

  4. Constituents • Inventors • University administration • Government • Companies • large • small • start-ups

  5. Is there evidence of success? • Financial

  6. Statistics • Cumulative royalties: $455 M • DNA: $255M (shared with UC) • equity: $20M • Cumulative disclosures: 4,400 • 1/4,400 is a big winner • 47% of our licenses produce less than $10K per year

  7. Is there evidence of success? • Financial • Products in the market • Start-up activity • Enhanced university/industry interactions • Economic Development • Innovation

  8. AUTM Statistics(FY 1999) • 417 new products introduced • 344 new companies formed • $862 M in license income from 8,300 licenses • 12,000+ disclosures • $2.7B industry sponsored research • federal sponsored research is $16.8B

  9. Is there evidence of success? It depends on expectations...

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