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Extra resources for Overcoming Barriers to Collaborative Research: Report of a Workshop (Compass Series (Washington, D.C.).)
Research Policy 23(1994): 323-348. 5. Several of the examples discussed at the workshop, such as the National Textile Center and the University Research Consortium, have this focus. 6. D. C. Mowery. ” Issues in Science and Technology. Fall 1998. S. General Accounting Office. , 1998. 7. D. E. Massing, ed. AUTM Licensing Survey: FY 1996. , 1997. 6%). 8. See Note 1. 9. G. Turning off spin-offs; Bucking a trend, University of Arizona ends direct commercializing of faculty research. Chronicle of Higher Education, July 21, 1995, p.
3 successfully exited, 6 near-term exits, 7 tanked, 4 early-stage. • Executed ~90 licenses • $4M in equity proceeds and royalties distributed to inventors • Repaid $5M loan from University • $4M net income on gross revenue of $18M Slide 5: Direct Returns from Technology Transfer - 1996 AUTM Survey • • • • • • • • 1. U. California System 2. Stanford 3. Columbia 4. Michigan State 5. U. Wisconsin-Madison 6. U. Chicago (ARCH) 7. U. Florida 8. MIT Appendix B $63 $44 $41 $17 $13 $12 $11 Slide 6: A Laboratory of Sorts...
Yet the resources available to provide those services are not increasing in kind. We constantly receive conflicting directives from the different constituencies that we serve, and the complexity of deals is increasing. And our situation is going to become more and more complex. This deal complexity issue is important to talk about, if for no other reason than to acknowledge and perhaps to accept it (Slide 24). I don’t think we should try to fool ourselves into thinking that things are going to get simpler and more streamlined.