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

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Presentation on theme: "State University System Research and Development: An Introduction March 25, 2009 R.E. LeMon, Ph.D."— Presentation transcript:

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

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

3 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 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 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 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 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 8 SUS Sponsored Research, 2007-2008 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 2007-08 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.

9 9 2007-08 Expenditures by Discipline Source: SUS 2007-08Fact Book Source: SUS 2007-08 Fact Book

10 10 2007-08 Awards by Federal Agency Source: SUS2007-08 Fact Book Source: SUS 2007-08 Fact Book

11 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 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, 2005-07

13 13 Return on Investment In 2007-08 the SUS produced 68,500 graduates at all levels. Source: SUS 2007-08Fact Book Source: SUS 2007-08 Fact Book

14 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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