Harnessing University Research for Innovation and Economic Development – a case for star-ups Alan B. Bennett, Ph.D. Chile LIFE SCIENCES INNOVATION CENTER TECHNOLOGY TRANSFER Can university research impact national economies? A study by the Biotechnology Industry Organization estimated the economic impact of university and non-profit patent licensing from 1996-2010 in the United States was as much as $388 billion and created 3 million jobs. From AUTM Survey, 2013 Advancing Discoveries for a Better World A KEY ASSET AND STRATEGY Active use of intellectual property to support commercialization From AUTM Survey, 2013 Advancing Discoveries for a Better World Public-private partnerships through technology licensing From AUTM Survey, 2013 Advancing Discoveries for a Better World Measuring the productivity of startups Start-ups develop technology that is so novel there is no existing or industry Improving the company human experience Start-ups harness the unique creativity of inventors Start-ups create jobs and sometimes entire industries And start-ups can create better lives…… From AUTM Survey, 2013 Advancing Discoveries for a Better World Over 4000 new companies Including some of the biggest in the world. The University of California is one university and a research powerhouse 10 campuses; all research-intensive 17,000 faculty (55 Nobel laureates) 220,000 students $3.5 B in research awards/expenditures Systemwide policies Systemwide legal oversight Largely decentralized decision-making University research supports regional and national economic development The world’s 1st, 2nd, 3rd and 5th largest biotechnology companies are in California. 1,600 companies (1 in 4 founded by UC scientists) $2.9 B total NIH grants awarded in CA $15.5 B private research in CA University of California, Davis – from its roots University of California, Davis – from its roots Research, Entrepreneurship, and Technology Commercialization Research Awards, Licenses and Start-up Companies • $750 million in sponsored research in 2011-12 – 224 invention disclosures – 838 active US and foreign patents – 59 US and foreign patents issued – $13.6 million licensing revenues • 3 start-ups formed in 2011-2012 • 44 start-up companies formed since 2004 Connecting research to market Start-ups 14 1 2 12 10 Nanotechnology 2 8 Agricultural, Food Science, and Veternary Medicine 2 Engineering and Computing Biotechnology and Medical 6 11 1 4 2 3 7 4 1 1 1 1 3 0 2009 2010 2011 2012 2013 2014 Other Connecting research to market Start-up College Department Technology Summary 5Plus School of Medicine Department of Physical Medicine and Rehabilitation Virtual Reality for Customized Physical Therapy Advanced Muscle Technologies College of Biological Sciences Department of Neurobiology, Physiology and Behavior Gene Inhibition to Increase Muscle Growth AlloOnc School of Medicine Department of Internal Medicine Engineered Cells for Cancer Treatment Atocera College of Engineering Department of Electrical and Computer Engineering Method to Manufacture Blades for Shaving and Eye Surgery Reprovantage School of Medicine Medical Microbiolgy and Immunology Male Infertility Diagnostic StreamTex College of Engineering Department of Biomedical Engineering Micropatterened Microfluidic Fabric for Athletic Use Tule College of Agricultural and Environmental Studies Department of Viticulture and Enology Method of Measuring Evapotranspiration to increase crop yield and quality while lowering management costs ViVita School of Veterinary Medicine Department of Epidemiology and Preventive Medicine Method for Preparing Tissue for High Success Transplantation Connecting research to market The beginnings of a technology cluster Discovery drives innovation – but it requires translation Discovery Innovation Connecting research to market Public institutions can be a source of innovation, business opportunity and regional/national economic development What are the requirements • Strong research base • Legal and policy framework to manage IP • A culture of innovation - committed institutional leadership • Technology transfer infrastructure • Business development networks Connecting research to market Public institutions can be a source of innovation, business opportunity and regional/national economic development What are the requirements • Principles National Academies Report on University Technology Transfer IP-based technology transfers are only a part of how academic knowledge and discovery are moved from the university to the economy (publications, students, consulting, conferences, collaborations, etc. are all more important). LESSON – technology transfer cannot compromise other academic activity but is a complement to research and learning. The University of California Adheres to Eight “Principles” Without Exception 1) Open Dissemination and Publication 2) Commitment to Students 3) Accessibility for Academic and non-commercial Research Purposes 4) Public Benefit Before Profit 5) Informed Participation by All Researchers 6) Legal and Ethical Integrity 7) Fair Consideration for Commercial Use of a Public Asset 8) Freedom from Conflict of Interest – Objective decision Making Chile LIFE SCIENCES INNOVATION CENTER The Opportunity Develop new discoveries/technologies through collaborative research between UC Davis and Chilean investigators and accelerate their translation into products and services – primarily in agriculture. Serve as an international hub for UC Davis in Latin America Build capacity for education, research and technology transfer in Chile Strengthen the historical bilateral relationships between Chile and California The Strategy Identify needed technology applications in Chile (technology pull) Genetic ID of nursery stocks, rapid pest detection, climate predictions Identify new technology with potential applications in Chile (technology push) Winery microbiome assessment, anaerobic biodigester Identify research Develop research strategies and align with UCD and Chile collaborators Either fund directly or seek new funding from industry or government Develop and guide strategy to translate research to applications License to companies, startup new ventures, collaborate with InnovationAccess for global opportuniti The Partners Thank you Chile LIFE SCIENCES INNOVATION CENTER Alan B. Bennett, Ph.D. abbennett@ucdavis.edu Thank you Alan B. Bennett, Ph.D. abbennett@ucdavis.edu Chile LIFE SCIENCES INNOVATION CENTER Connecting research to market Infrastructure to support technology transfer and industry collaborations Strong research base Networks with business development resources – legal, investment Culture supporting innovation in the university and faculty A lo mismo tiempo University of California Technology Transfer Highlights - 2013 1,727 Inventions reported 11,500 Active inventions 169 New licenses issued 71 New startup companies $100+ Million in licensing income