University Technology Transfer and Commercializa7on 23 rd Na7onal NSF EPSCoR Conference November 6, 2013
Agenda ª Current state of academic technology transfer ª Brief overview of Georgia Tech ª Government Industry Academia Research Collaborations ª Student entrepreneurship for non-startups ª Comments on Bayh-Dole 2
Technology Transfer in the U.S. Based on the Association of University Technology Managers 2012 Survey: 5,130 licenses executed 705 new companies formed 591 new products introduced 3
Technology Transfer in the U.S. Based on the Association of University Technology Managers 2012 Survey: $63.7 B total sponsored research expenditures $40 B in federally funded research expenditures $40.1 B in industry sponsored research expenditures 4
AUTM s BeUer World Project The Berkeley-Darfur Stove Source: www.poten7alenergy.org/solu7on/stoves/ 5
About Georgia Tech 2012 Fact Book Fall semester enrollment Undergraduate 14,537 Graduate 7,030 Students at Georgia Tech represent 118 different countries 3,778 interna7onal students 74% interna7onal graduate students Faculty 1095 Academic Faculty 4,031 Research Faculty & Professional Staff 6
Research Strategy Ins'tu'onal reputa'on is largely 'ed to recognized exper'se in specific areas of research and scholarship. Create Transformative Opportunities Partner with Industry Enhance Economic Development. 7
Technology Transfer at Georgia Tech Technology Transfer is as much about research as it is about licensing! September 2011 Jilda Garton, VP of Research and General Manager of Georgia Tech Research Corpora7on 8
Georgia Tech Succeeds in Technology Transfer We are part of the community in which we live. Georgia Tech has the basic research that leads to the platform technologies but also the culture of bringing discoveries to the market place. Long history of effective collaborations with industry and other researchperforming institutions. Georgia Tech brings together its capabilities in basic science with its collaborative spirit in working across institutional boundaries to deliver innovative technology. 9
Georgia Tech Recent Pivots Student Activities InventurePrize Ti:GER Capstone courses Economic Development GT:IPS NSF icorp FlashPoint Researcher Activities Contract Continuum 10
GT:IPS : Is a facilita7on and expedited license program that aligns the various campus stakeholders i.e. the entrepreneur, compliance officer, economic development catalyst and the technology transfer officer, in a coordinated effort to lower barriers tradi7onally encountered in the forma7on of a university startup. 11
Flashpoint: is a startup accelerator program accep7ng teams at Georgia Tech. Flashpoint provides entrepreneurial educa7on (in the form of experienced mentors and presenta7ons by veterans), shared learning, and a compe77ve, accelerated environment for business model and technology development. 12
Contract Con7nuum The 4 Contract Mechanisms Basic Research Agreement Applied Research Agreement Demonstra?on Agreement Specialized Tes?ng Agreement Explore poten7al solu7ons in a broad technical area Iden7fy solu7ons to targeted problems Develop incremental improvements for an exis7ng technology Evaluate new and exis7ng products 13 Atlanta, Georgia 30318
Government Industry Academia Collabora7ons According to Sparking Economic Growth 2.0*: Universi7es conduct 53% of basic research in the U.S. The federal government accounts for 60% of the funding for basic research Innova7ons that flow from university- based basic research are at the root of countless companies, products, technologies, innova7ons and jobs *A publica7on of The Science Coali7on 14
The focus of technology transfer should first be on economic s7mulus and only secondarily on revenue return and support of faculty. 15
Technology Transfer Paths Licensing Sponsored Research Gradua?on of students Consul?ng by Faculty 16
IP Living Laboratory Student entrepreneurship for non-startups: New business or product lines for exis7ng companies Actual university IP Patent strategy and landscape mapping SWOT analysis Business school and technology transfer faculty 17
Current Discussions on Bayh- Dole Unintended Consequences Failure Excessive Success Faculty Rights Skewed academic principles- caused a drip from basic research to applied Hinders scien7fic exchange research results more proprietary Encourages other countries to follow March- in rights have never been exercised Has created a barrier between academia and industry Since TTO s operate at a loss, money could be spent beuer elsewhere Most technologies are too early stage for successful transfer into companies Contribu7ng factor in the abuses of Myraid; made universi7es patent happy Contributed to inappropriate 7es with big companies Made universi7es too wealthy and profits need to be taxed No longer needed due to the increased collabora7on between industry and academia Faculty ownership and control Free agency 18
Q & A