to Marketplace Technology Transfer 101 What is AUTM The Association of University Technology Managers AUTM is a nonprofit leader in educating developing promoting and inspiring technology transfer ID: 686563
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Slide1Slide2
Title here
Taking Discoveries from Lab
to Marketplace
Technology Transfer 101Slide3
What is AUTM?
The
Association of University Technology Managers (AUTM) is a nonprofit leader in educating, developing, promoting and inspiring technology transfer practitioners to make the world a better place through the commercialization of academic research.
AUTM’s global community of 3,200 members represents businesses and government organizations, and more than 350 universities, research institutions and teaching hospitalsSlide4
20% of membership is
located
outside United States
60 countries represented by AUTM membershipSlide5
Technology transfer begins with an idea…Slide6
Basic ResearchSlide7
Inventions and DiscoveriesSlide8
Under Bayh-Dole, university and researcher may retain title to inventions made using federal research dollars
This system incentivizes the transfer of technology to the private sector for job creationAny net licensing revenues to universities go back into more research and/or education, as well as patenting costs
Other benefit: initial development usually happens locally2016 AUTM survey found that more than 73% of startups formed that year were in the same state where the research was conducted
Maximizing an InventionSlide9
Questions…
Is this product/invention patentable?
Is there a market for this invention?Can we find a business interested in licensing, developing and commercializing this technology?Can we start a new company?Are there available dollars to help further develop the inventive technology?Slide10
Technology Transfer Office Provides the Answers
Professionals
who analyze marketplace, develop business plans, and understand patent/licensing issuesAttorneys to help with patent application processExperts in seeking venture/angel capitalCampus-based “accelerators,” incubators and proof-of-concept
programs to help advance technology and boost fledgling start-up companiesResources for connecting people and/or companies looking for new technology inventions; helping faculty further develop the technology pipelineSlide11
Patents/licensing agreements
Proof of concept programs
Industry partnerships
Business plans
Innovation/Entrepreneurship
Initiatives
Venture capital/
patenting costs
Steps for SuccessSlide12
Keys to Success
Dedicated technology transfer and support team
Understanding the marketplace and the local regional economyEstablishing university–private sector relationships that may include additional research fundingBridging the gap between invention and commercializationStrong patentsOutstanding researchers doing outstanding researchLong-term financial commitmentSlide13
Positive Economic
Impact
From 1996 to 2015, academic patents and the subsequent licensing to industry…
Increased U.S. gross industrial output up to $1.33 trillionContributed $591 billion to U.S. gross domestic product Supported up to 4.27 million jobsSlide14
Positive Economic
Impact
In the past 25 years…380,000 inventions disclosed80,000 U.S. patents issued
11,000 startups formedSlide15
Invention Disclosures vs. Research FundingSlide16
Role for Policymakers
Provide strong and sustained basic research funding to provide pipeline of great ideas
Ensure that patent rights are protected for a given university, researcher, and the governmentEncourage policies that attract venture capital supportSupport SBIR/STTR and other translational initiativesSupport the Bayh-Dole ActDo nothing to inhibit American ingenuity and innovation, which leads the worldSlide17
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