P R E S E N T E D B Y D A N S H A R P, D I R E C T O R
T O S B I R / S T T R S U M M I T & C O N F E R E N C E
J A N U A R Y 1 9 , 2 0 1 2
51,000+ students; 3,344 faculty
$642MM in annual research funding
$25.6MM/year revenue from licensing and royalty
Over 1,000 patents filed in last 5 years
UT System ranked No. 3 by Patent Scorecard™
$60MM industry-sponsored research from leading companies; e.g., Abbott, Chevron, Merck, ExxonMobil, Intel, Cisco,
Samsung, BASF, Boeing, Lockheed Martin, Pfizer
Office of Technology Commercialization:
Who we are
The Office of Technology Commercialization is responsible for the efficient transfer of university discoveries to the marketplace for the benefit of society. To support the university's research mission, OTC:
Evaluates, protects, markets, and licenses the university’s inventions and software
Promotes collaboration with industry, investors, and others within the tech commercialization ecosystem
Informs the university's faculty on patent protection and commercialization processes
OTC reports to the Office of the Vice President for Research
Office of Technology Commercialization:
What we do
Initial technology disclosure evaluation and due diligence
Patent strategy development
Patent application and prosecution
Business development
Interaction and negotiation with potential licensees
Marketing and faculty outreach
Tech transfer: Licensing technology to third parties
Leveraging UT technologies into funded, emerging growth companies
License and patent enforcement
Office of Technology Commercialization:
Services we provide to you
Legal introductions (corporate formation and funding transactions)
Funding introductions (angels, VCs, corporate/strategic partners)
Management introductions
Seasoned entrepreneurs with solid track records and domain expertise to develop business model and strategy
Traditional “business development”
Leverage the collective OTC network and that of UT Austin to accelerate market validation, feedback, and company/technology development
Proper handoff to the appropriate service providers/business partner
Office of Technology Commercialization:
Where we play
Company
Formation
Office of
Technology
Commercialization
Austin
Technology
Incubator Angels Venture Capital
Time
Office of Technology Commercialization:
How we educate faculty
Colloquium on Commercialization Series
October 14, 2011 – “Startup to IPO: Building for Success”
November 9, 2011 – “Licensing and Corporate Partnering”
December 6, 2011 – “Inventor of the Year Ceremony and
Reception”
February 22, 2012 – “What You Need to Know About Patents
For faculty, postdocs/grad students, and invited guests only
To learn more, visit: www.otc.utexas.edu/Events/Colloquium/
Send inquiries to webmarketing@otc.utexas.edu
Increase Quality, Not Quantity, of
Disclosures and New Patent Filings
An iterative process with professors and students that can lead to stronger, more prominent, and more valuable patent portfolios
Getting to “No” faster, in order to spend more quality time with potential winners
Engaging high-quality patent attorneys earlier in the process to discuss, evaluate, and recommend optimum patent strategies
Results
Disclosures/patent filings
Legal fees and administrative costs
Revenue from higher-quality tech transfer
COCKRELL SCHOOL OF ENGINEERING . . . . . . . . . . . . . . . . . . . .
Biomedical Engineering
Chemical Engineering
Civil, Architectural and Environmental Engineering
Electrical and Computer Engineering
Mechanical Engineering
Petroleum and Geosystems Engineering
COLLEGE OF NATURAL SCIENCES . . . . . . . . . . . . . . . . . . . . . . . .
Chemistry and Biochemistry
Computer Science
Institute for Cellular and Molecular Biology
Physics
School of Biological Sciences
VICE PRESIDENT FOR RESEARCH . . . . . . . . . . . . . . . . . . . . . . . .
Applied Research Laboratories (ARL)
Center for Electromechanics
Institute for Advanced Technology
SCHOOL OF PHARMACY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pharmaceutics
Pharmacy Practice
COLLEGE OF LIBERAL ARTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Psychology
0
11
19
4
11
12
8
14
2
1
1
10
1
2
3
4
2
2
3
4 6 8 10 12 14 16 18 20
N.B.: Total equals more than 100% of patent count because of multiple inventors in different departments.
Impact of Focus on Quality
Higher quality patent filings
200
180
160
140
120
100
80
60
40
20
0
182
155
Disclosures
133
69
New patent filings
FY09-10
FY10-11
$68 693
$2 114 440
$11 318 147
©2011, Office of Technology Commercialization
$12 140 451
Inventors (44.1%)
Departments (8.2%)
Third Parties (0.3%)
Retained by UT Austin (47.3%)
11
Research and
Innovation
Technology
Development
Government and
Industry Engagement and Funding
Licensing and
New Company
Formation
Faculty and
Students
Venture
Capital
Success
Stories