Archive for the ‘Report’ Category

New Study: Universities Driving Economic Development in the Innovation Economy

March 28, 2010 Leave a comment

A report published this month by SUNY suggests a new “knowledge first” paradigm for colleges and universities in promoting state and regional economic development.

Highlights of the report authored by David Shaffer and David Wright of the Rockefeller Institute of Government:

“In states across America, higher education institutions and systems are working to become key drivers of economic development and community revitalization. They are:

  • Putting their research power to work by developing new ideas that will strengthen the country’s competitive edge in the new economy — and then by helping to deploy those innovations into commercial use.
  • Providing a wide range of knowledge-focused services to businesses and other employers, including customized job-training programs, hands-on counseling, technical help, and management assistance.
  • Embracing a role in the cultural, social, and educational revitalization of their home communities.
  • And, most fundamentally, educating people to succeed in the innovation age.”

Read the Press Release
Read the full Report [PDF]
Rockefeller Inst. of Government [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]

Nat’l Venture Capital Assoc. 2010 Report Released – VC Data/Analysis for 2009

March 19, 2010 Leave a comment

“Exits and fundraising remain challenging. But the industry is very much open for business…”

Also, from the report:

“The NVCA 2010 Yearbook provides a summary of all of venture capital activity in the U.S. This ranges from investments into portfolio companies to capital managed by general partners to fundraising from limited partners to valuations of companies receiving VC investments to exits of the investments by either IPOs or M&A.”

Selected data points:

  • VCs raised half the money in 2009 than they did in 2008
  • Industry capital under management is down to $179.4 billion from a peak of $276.7 billion
  • Corporate VC groups provided 7% of the capital invested in 2009 and participated in 13% of the rounds, both down from recent years
  • California-domiciled VCs invested in companies in 33 states

2010 NVCA Yearbook [read more]
National Venture Capital Association []

Fixing Tech Transfer – Rethinking the Profit Motive

March 18, 2010 Leave a comment

” The subject of how effective universities are at commercializing technologies they develop is a suddenly hot topic. Prodded in part by the Kauffman Foundation’s critical and controversial call this winter for turning academic inventors into free agents to stimulate innovation, the federal government convened university and industry leaders last month to discuss how to speed the movement of research into the market place.” [insideHigher ed; read more]

Related article: The Need to “Do Even More”

Startup Incubators are Reborn (in 2010)

March 11, 2010 Leave a comment

SSTI wrote an excellent summary (including links) re: the recent WSJ article reporting an increase in high-tech incubator announcements.

“Across the nation, specialized incubators spanning clean energy, sustainable architecture and advanced materials have emerged over the past several months to support high-tech ventures.” [SSTI Weekly; read more]

The Power of Place 2.0: The Power of Innovation (AURP Report)

March 5, 2010 Leave a comment

The Association of University Research Parks (AURP) just released a new report, The Power of Place 2.0: the Power of Innovation – 10 Steps for Creating Jobs, Improving Technology Commercialization, Building Communities.

In the report, AURP outlines the role federal government can take using research parks and other innovation assets for creating jobs and remaining a front-runner in the global technology competition.

“Science parks provide a launch pad for economic activity in a community. They have a strong
record of fostering talent, high tech innovation and job growth. Providing seed funding to create or expand these parks is a necessary investment for our economy as well as our global
competitiveness,” said Senator Mark Pryor. [more]
–The Power of Innovation press release
–Read the report: The Power of Innovation
–AURP [website]