Tech Transfer eNews Blog

IP Watchdog ranks top U.S. universities for start-up creation


By David Schwartz
Published: May 19th, 2020

MIT, Columbia University and Purdue University have been listed by IP Watchdog as the top three U.S. universities for start-up creation.

According to the IP Watchdog report, from 2008 to 2018, MIT launched 244 startups based on university technology, while Columbia launched 194 and Purdue started 174. The following universities round out the top 10 for that 10-year period:

  • University of Utah (163)
  • Stanford (160)
  • The University of Florida (155)
  • The University of Pennsylvania (144)
  • The University of Washington (140)
  • University of Michigan (140)
  • Johns Hopkins University (137)

The report reads: “Critical factors that enhance start-up success is the stability of the parent TTO (e.g., Columbia University), leadership and support from the university (e.g., Purdue University), support from the alumni (e.g., University of Florida and University of Michigan), and size of available research funding (e.g., University of Washington and University of Pennsylvania).”

Rob Gerlach, director of IP and technology transfer at Wichita State University, comments, “More and more universities are recognizing the benefit of getting technology into the hands of end-users rather than being locked up inside a college campus. Key institutions, such as Stanford University, have provided a pathway showcasing that if tech transfer is done successfully, there are numerous benefits — both for the university and for the general public. Consequently, others are starting to take notice.”

Greg Deason, senior vice president of entrepreneurship and place making at Purdue Research Foundation, comments, “We are doing something that matters — not just for Purdue, but for all universities that strive to turn technologies into products with impact. In start-up creation, we are converting life-changing technologies to the market that create new jobs, new opportunities and new ways to positively impact our global society.”

Gerlach adds, “As more universities embrace the tech transfer model, the pace of tech transfer deals — and consequently, university spin-offs — will continue to increase.” Source: https://www.laboratoryequipment.com/564195-The-Top-10-Universities-in-Startup-Creation/

Posted under: Tech Transfer e-News

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