2. Taking Discoveries from Lab to Marketplace
Technology Transfer 101
Taking Discoveries from Lab to Marketplace
Title here

3. What is AUTM?
The Association of University Technology Managers (AUTM) is a nonprofit leader in educating, developing, promoting and inspiring technology transfer practitioners to make the world a better place through the commercialization of academic research.
AUTM’s global community of 3,200 members represents businesses and government organizations, and more than 350 universities, research institutions and teaching hospitals

4. 20% of membership is located outside United States
60 countries represented by AUTM membership

5. Technology transfer begins with an idea…

6. Basic Research

7. Inventions and Discoveries

8. Maximizing an Invention
Under Bayh-Dole, university and researcher may retain title to inventions made using federal research dollars
This system incentivizes the transfer of technology to the private sector for job creation
Any net licensing revenues to universities go back into more research and/or education, as well as patenting costs
Other benefit: initial development usually happens locally
2016 AUTM survey found that more than 73% of startups formed that year were in the same state where the research was conducted
AUTM U.S. Licensing Activity Survey: FY2016

9. Questions… Is this product/invention patentable?
Is there a market for this invention?
Can we find a business interested in licensing, developing and commercializing this technology?
Can we start a new company?
Are there available dollars to help further develop the inventive technology?

10. Technology Transfer Office Provides the Answers
Professionals who analyze marketplace, develop business plans, and understand patent/licensing issues
Attorneys to help with patent application process
Experts in seeking venture/angel capital
Campus-based “accelerators,” incubators and proof-of-concept programs to help advance technology and boost fledgling start-up companies
Resources for connecting people and/or companies looking for new technology inventions; helping faculty further develop the technology pipeline

11. Innovation/Entrepreneurship
Steps for Success
Patents/licensing agreements
Proof of concept programs
Industry partnerships
Venture capital/
patenting costs
Innovation/Entrepreneurship
Initiatives
Business plans

12. Keys to Success Dedicated technology transfer and support team
Understanding the marketplace and the local regional economy
Establishing university–private sector relationships that may include additional research funding
Bridging the gap between invention and commercialization
Strong patents
Outstanding researchers doing outstanding research
Long-term financial commitment

13. Positive Economic Impact From 1996 to 2015, academic patents and the subsequent licensing to industry…
Increased U.S. gross industrial output up to $1.33 trillion
Contributed $591 billion to U.S. gross domestic product
Supported up to 4.27 million jobs
Independent study commissioned by AUTM and the Biotechnology Innovation Organization (BIO). The report, “The Economic Contribution of University/Nonprofit Inventions in the United States: ,” was released in June, 2017.

14. Positive Economic Impact In the past 25 years…
380,000 inventions disclosed
80,000 U.S. patents issued
11,000 startups formed
AUTM U.S. Licensing Activity Survey: FY2015

15. Invention Disclosures vs. Research Funding

16. Role for Policymakers
Provide strong and sustained basic research funding to provide pipeline of great ideas
Ensure that patent rights are protected for a given university, researcher, and the government
Encourage policies that attract venture capital support
Support SBIR/STTR and other translational initiatives
Support the Bayh-Dole Act
Do nothing to inhibit American ingenuity and innovation, which leads the world

17. Connect with AUTM Online
Follow AUTM on
Like Association of University Technology Managers on Facebook
Follow Association of University Technology Managers on LinkedIn
View AUTMNetwork on YouTube