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Archive for the ‘Intellectual Property’ Category

Startup Incubation Goes In-house with UPenn’s UPStart Program

May 14, 2011 Leave a comment

Martin Lehr, Osage University Partners, takes an in-depth look at UPenn’s UPSTART business model as an example of a growing trend in academic tech-transfer offices to facilitate early stage startup formation and incubation.

The main thrust of UPStart is to mature technologies to a point where they can attract private investment or be licensed to a corporate partner. To do that, UPStart offers a robust service offering to aspiring entrepreneurial faculty members and their co-founders.

Read Full Article [web]

UPenn UPSTART Program [web]
UPSTART Program Announcement [web]

Osage Partners [web]

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Connecticut Considers New Bills to Support Tech-Transfer

April 11, 2011 Leave a comment

Connecticut state legislators are proposing several bills to increase the state’s supporting role in technology transfer and regional entrepreneurship…

With a growing desire to boost technology transfer efforts in Connecticut, lawmakers are considering several bills that aim to encourage the commercialization of dormant research or technology sitting on the shelves of universities and corporations.

The measures include creating an Intellectual Property Factory that would fund university-mentored student teams that work to commercialize research and technology held, but ignored by Connecticut-based companies. [more]

Full article [Hartford Business Journal]
UCONN Tech Knowledge Portal [web]
Yale Technology Transfer [web]

DOE Aims to Double Number of Startups Coming Out of the National Labs

April 11, 2011 Leave a comment

Department of Energy Launches “America’s Next Top Energy Innovator”

As part of the Administration’s Startup America Initiative, U.S. Energy Secretary Steven Chu announced recently the “America’s Next Top Energy Innovator” challenge, which will give start-up companies the opportunity to license groundbreaking technologies developed by the national laboratories for $1,000 and build successful businesses. As part of this effort, the Department is reducing both the cost and paperwork requirements for start-up companies to obtain an option agreement to license some of the 15,000 patents and patent applications held by our 17 national laboratories.

Beginning May 2, 2011, DOE will kick off the challenge by posting a streamlined template option agreement online for entrepreneurs to submit to laboratories. Entrepreneurs must identify the technology of interest and submit a business plan to be considered for the program. Participants will have until December 15 to make their submission to the laboratory.

As part of the program, the Department will reduce the total upfront cost of licensing DOE patents in a specific technology to a $1,000 upfront fee for portfolios of up to three patents. This represents a savings of $10,000 to $50,000 on average in upfront fees. Other license terms, such as equity and royalties, will be negotiated on a case by case basis and will typically be due once the company grows and achieves wide scale commercial success.

Entrepreneurs interested in participating can already view the available technologies on the Department’s Energy Innovation Portal.

Press Release [web]
Startup America Initiative [web]
DOE’s Innovation Portal [web]

UK Exploring New Translational Infrastructure – TICs

April 2, 2010 Leave a comment

A new network of UK tech transfer centers based on industry segment hubs has been proposed and given the green light by government officials.

The proposed network of elite national technology and innovation centers (TICs) is “aimed at bridging the gap between academic research and technology commercialization by providing what is described as ‘translational infrastructure.’”

The network of TICs, based on recommendations from Cambridge venture capitalist, Dr Hermann Hauser, is summarized in his report, “The Current and Future Role of Technology and Innovation Centers in the UK” [Businessweekly; more]

Dr. Hauser’s Report [pdf]
UK Dept. For Business Innovation & Skills [website]

IEEE Spectrum’s 2010 Patent Power Rankings Published

March 24, 2010 Leave a comment

The Patent Power scorecard ranks companies, universities, and research institutions by their US patent portfolio. In summary,

“Japanese companies rise to the top of IEEE Spectrum’s Patent Power rankings thanks to shrinking U.S. innovation pipelines.”

” Based on data from 2009, out of the 323 leading organizations in the scorecards, 65 (20 percent) are Japanese. This percentage is markedly higher than in the 2007 scorecards, in which 45 out of 319 companies (14 percent) were Japanese.”

And, an interesting side-note on the university scorecard:

For 2009, the top five universities are: Texas, California, Central Florida, Iowa State, and Washington… Quite a shift from 2007 when the top 5 were, MIT, CalTech, Harvard, California, and Rice.

IEEE Spectrum [Patent Power Scorecards]
Patent Power Scorecard [View by Industry Segment]
How the Rankings are calculated [About]