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Study suggests that university incubators may impair innovation quality


By Jesse Schwartz
Published: April 19th, 2017

Even the authors admit they were surprised by their findings: that incubators, by draining resources from other university departments and offices, can impair the overall quality of university innovations.

“After research-intensive U.S. universities establish incubators, the quality of university innovations, which we measure by patents, drops,” they assert in their article, “The Effects of Academic Incubators on University Innovation,” published in Strategic Entrepreneurship Journal. They also found that licensing revenues can decline following the establishment of an incubator.

“Universities have resource constraints; they can’t fund all they want to fund,” notes co-author and Baylor University Entrepreneurship Professor Peter G. Klein, PhD. “If you have an incubator, you have less for others, like the TTO, the physics lab, scholarships, fewer positions for other personnel like those in the TTO, or other R&D facilities that could also lead to patentable innovations.”

“In most cases incubators’ tenants exploit facilities already in place at the university,” adds Christos Kolympiris, PhD, University of Bath Innovation and Entrepreneurship Associate Professor and Klein’s coauthor. “Before the incubator, only scientists could use the facilities, and now they are shared. Also for personnel devoted to these types of jobs there is less attention from administrators, and so on.”

Naturally, their findings have drawn a quick response from tech transfer executives and research leaders, who question among other things the choice of patents and licenses as appropriate measurements. For example, they note that universities with incubators have generally more mature and established commercialization programs, and are thus more selective in their patenting. They also note that incubators have a number of benefits beyond innovation, such as economic development.

Kolympiris does not dispute that. “We’re not saying stay away from incubators, but you have to take into account that there can be bad impacts,” he says. “If there was one message [from the study], it’s that [incubators] compete for resources and it’s very difficult to measure their overall effect.”

A detailed article on the study and reaction to it appears in the April issue of Technology Transfer Tactics. To subscribe and access the full article, as well as the publication’s 10-year archive of best practices and success strategies for TTOs, CLICK HERE.

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UC files appeal in CRISPR patent dispute


By Jesse Schwartz
Published: April 19th, 2017

In the longstanding dispute over the rights to the gene-editing technology CRISPR-Cas9, the University of California (UC) has filed an appeal with the Federal Circuit to overturn a decision that set back its efforts to win foundational patents on the innovation. continue reading »

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University Innovation Pitching Workshop: Teaching Researchers How to Tailor Presentations for Funding, Licensing and Start-Up


By Jesse Schwartz
Published: April 19th, 2017

A key role for TTO staff is to engage researchers and guide them through the unfamiliar task of marketing and pitching their discoveries — including pitching to the TTO itself as a disclosure designed to generate excitement, support, and a clearly expressed path to market. Beyond that, the pitches they prepare for angels and VCs, research partners, grants and contests will be very different than those constructed for the TTO. By learning about each of these critical marketing challenges, your researchers will gain a better understanding of how to tailor their pitch to different audiences successfully.

That’s why 2Market Information’s Distance Learning Division has scheduled a fast-paced webinar filled with immediately usable takeaways: University Innovation Pitching Workshop: Teaching Researchers How to Tailor Presentations for Funding, Licensing and Start-Up. Scheduled for May 2nd and featuring Louis Berneman of Osage University Partners, we’ve designed this session to drill down to the nitty gritty of pitching innovations while leaving ample time for a lively, interactive Q&A.

For complete details and to register, CLICK HERE.

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Ohio U start-up incubator to offer its resources ‘virtually’


By Jesse Schwartz
Published: April 19th, 2017

Ohio University’s award-winning startup incubator, the Innovation Center (IC), is offering young businesses a novel, affordable way to take advantage of its resources and interact with the larger start-up community. continue reading »

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Max Planck and Lead Discovery Center license novel target in tumor metabolism


By Jesse Schwartz
Published: April 19th, 2017

Global biotech company SOTIO has licensed a technology from Max Planck Innovation and the Lead Discovery Center (LDC) that addresses a novel target in tumor metabolism. continue reading »

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Imperial College start-up commercializing wearable device that monitors and treats cardiac failure


By Jesse Schwartz
Published: April 19th, 2017

A start-up from Imperial College London is developing an implantable wireless sensor that monitors and treats cardiac failure. continue reading »

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University Technology Commercialization Boot Camp available


By Jesse Schwartz
Published: April 19th, 2017

Effective training and increased expertise among TTO staff and faculty are critical to boosting productivity in your tech transfer operations, but that for many TTOs the budget doesn’t typically allow for much in terms of professional development. That’s why our Distance Learning Division has created the University Technology Commercialization Boot Camp. This convenient and cost-effective distance learning series — 13 recorded sessions featuring 25 of the leading tech transfer experts in the country — has been crafted to provide immediately useable guidance on a comprehensive range of research commercialization challenges, from encouraging disclosure and protecting your IP to funding, marketing, and licensing your TTO’s portfolio of innovations.

This boot camp series allows you to stretch your professional education budget and give your staff and faculty a well-rounded understanding of their role in nurturing technologies toward the marketplace. You receive all 13 programs in three formats — DVD, on-demand video, and print transcript — with links to all handouts. You can share it throughout your organization, any time and any place, all for one low price. For complete details on the programs and faculty, and to order this cost-effective training and education tool, CLICK HERE.

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Northeastern licenses tissue-healing nanotechnology to Audax Medical


By Jesse Schwartz
Published: April 19th, 2017

Northeastern University has licensed a tissue-healing nanotechnology to medical device company Audax Medical. continue reading »

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UCF student taking his professor’s energy-storage tech to market


By Jesse Schwartz
Published: April 19th, 2017

A University of Central Florida student is heading a promising start-up based on his professor’s energy-storage invention. continue reading »

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Nevada Research and Innovation Corporation, new nonprofit tech transfer arm, launched by U Nevada-Reno


By Jesse Schwartz
Published: April 19th, 2017

The University of Nevada-Reno has become the latest school to shift in tech transfer operations into an independent nonprofit organization. Among the benefits of establishing the Nevada Research and Innovation Corporation is the capability of holding equity in start-ups launched by the university. continue reading »

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New national association formed to support graphene commercialization in the U.S.


By Jesse Schwartz
Published: April 19th, 2017

A new association focused on facilitating the commercialization of graphene in the United States was launched this week. continue reading »

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Comings and Goings


By Jesse Schwartz
Published: April 19th, 2017

Jim O’Connell has been named the University of Florida’s new assistant vice president for technology transfer and the director of the Office of Technology Licensing. He takes over for long-time director David Day, who is retiring.

O’Connell will oversee the Office of Technology Licensing (OTL) as well as two business incubators, the Sid Martin Biotechnology Institute and the Innovation Hub at UF.

“I think Jim is the ideal fit for UF,” said Day. “With both his private sector and university tech commercialization experience, we are most fortunate to land him.”

Under Day’s leadership, UF has been consistently ranked among the top universities in both start-ups launched and licensing. In the 16 years since he became director, the OTL has launched 195 biomedical and technology start-ups and generated more than $1 billion in private investment. Last year the office signed a record 122 licenses and options.

“Following David Day is a tough act,” O’Connell admits. “In addition to building a tremendous office in tech transfer, he has established the University of Florida as a presence nationally.”

O’Connell’s goal is to take what Day accomplished to even greater heights and break into the Top 5 nationally in research and tech transfer. O’Connell brings a wealth of experience to the table, with positions at two start-ups and a history in the medical device industry.

“I look forward to watching the continued ascension of the program at UF and take great pride to have been a part of something that delivers so much good to the world,” said Day. “It makes it easier to leave, knowing the program is in such good hands.”

Source: UF News

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