State University System Research and Development: An Introduction March 25, 2009 R.E. LeMon, Ph.D.

2 Reduced Reliance On THE BIG THREE A 21 st Century Innovation Economy

3 C x H y + (X + y 4 )O 2 CO 2 + ( y 2 )H 2 O Liquid Fuels Atmospheric Carbon Dioxide Bio-Refinery Biomass Cars, Trucks, and Planes Plastic & Solvents Lignin and other Products Lab Idea Protect IP Disclosure to Patent or Copyright License Issued Large Company Medium Size Company % of Revenue Securities Combination Jobs Profits & Tax Revenue Products & Services A 21 st Century Innovation Economy The Valley of Death

4 21 st Century Enhancement Act Centers of Excellence Program World-class Scholars Program The Legislature’s Investment To Date: $170,000,000 Commercialization Assistance Grant Program

5 Center of Excellence: UCF Photonics $10M initial investment$10M initial investment 145 new awards worth $37M received145 new awards worth $37M received 112 publications112 publications 74 inventions disclosures and 31 new patents74 inventions disclosures and 31 new patents 6 new companies created6 new companies created $10M initial investment$10M initial investment 145 new awards worth $37M received145 new awards worth $37M received 112 publications112 publications 74 inventions disclosures and 31 new patents74 inventions disclosures and 31 new patents 6 new companies created6 new companies created Source: 21 st Century Enhancement Act 2008 Annual Report

6 Center of Excellence: Ocean Energy Washington, DC – On Friday, March 13 th, Congressman Ron Klein joined scientific researchers to announce $1,189,375 in funding for Florida Atlantic University’s Center for Ocean Energy Technology.

7 U.S. Sponsored Research, 2005 Research Expenditures $40BResearch Expenditures $40B Invention Disclosures, NewInvention Disclosures, New Patent Applications Filed, New Patent Applications Filed, New Licenses / Options 37,429 Licenses / Options 37,429 New Companies 628New Companies 628 New Products to Market 527New Products to Market 527 Source: Association of University Technology Managers

8 SUS Sponsored Research, Total Awards $1.4BTotal Awards $1.4B External Awards $1.2BExternal Awards $1.2B Proposals Submitted 11,848Proposals Submitted 11,848 Active Projects 16,725Active Projects 16,725 New Patent Applications Filed 762New Patent Applications Filed 762 U.S. Patents Issued 153U.S. Patents Issued 153 Source: SUS Fact Book Awards and Expenditures are almost always slightly different from one another because of differences between when dollars are awarded versus when they are spent.

Expenditures by Discipline Source: SUS Fact Book Source: SUS Fact Book

Awards by Federal Agency Source: SUS Fact Book Source: SUS Fact Book

11 Return on Investment Every year the average public university Every year the average public university spends $284,000,000, and spends $284,000,000, and generates $5 for every $1 invested by states. generates $5 for every $1 invested by states. Every 10 years the average public university creates an additional 1,010 jobs through startup companies, and generates 1,205 jobs in business incubators and research parks. Source: National Association of State Universities and Land Grant Colleges

12 Return on Investment At $46,000, a U.S. baccalaureate graduate earns, on average, $20,000 more a year than a United States high school graduate. Source: U.S. Census Bureau,

13 Return on Investment In the SUS produced 68,500 graduates at all levels. Source: SUS Fact Book Source: SUS Fact Book

14 In Conclusion, the SUS: Brings $1.2B to Florida yearly Provides cutting edge goods, services, healthcare, and a 21 st Century culture Adds 68,500 high-skill/ high-wage employees to the workforce yearly $

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