1. Effects of Patenting and Technology Transfer on Commercialization
Katharine Ku
Director
Office of Technology Licensing
Stanford University

2. Technology Transfer is Complex
“Technology Champion” is the most important factor
Patents are only a small part of the picture
Commercialization of university research is high risk and success depends on receptiveness of industry/entrepreneurs

4. Does Tech Transfer Affect Institutional Behavior?
Administration doesn’t “know” about the deals beforehand
Royalty revenue does not rise to the level of Stanford’s annual report
Conflict of interest issues are reviewed independently from “deal”
Equity management

5. Constituents Inventors University administration Government Companies
large
small
start-ups

6. Is there evidence of success?
Financial

7. Statistics Cumulative royalties: $455 M Cumulative disclosures: 4,400
DNA: $255M (shared with UC)
equity: $20M
Cumulative disclosures: 4,400
1/4,400 is a big winner
47% of our licenses produce less than $10K per year

8. Is there evidence of success?
Financial
Products in the market
Start-up activity
Enhanced university/industry interactions
Economic Development
Innovation

9. AUTM Statistics (FY 1999) 417 new products introduced
344 new companies formed
$862 M in license income from 8,300 licenses
12,000+ disclosures
$2.7B industry sponsored research
federal sponsored research is $16.8B

10. Is there evidence of success?
It depends on expectations...