INNOVATION PARTNERSHIP: UNIVERSITY BASED TECHNOLOGY TRANSFER

Dipanjan (DJ) Nag, Ph.D., MBA, CLP, RTTP

Product & Business Development Advisor,

Patent Properties

Professor of Practice, Business and Science, Rutgers University

Visiting Professor, Shizuoka University

1

VALUE OF INTELLECTUAL PROPERTY

Components of S&P 500 Market Value

Data: Ned Davis Research, Inc.http://www.youtube.com/watch?v=3Uzmg2bEgv8&feature=player_embedded

Components of S&P 500 Market Value

Intellectual Property

Leading Asset Class

Components of S&P 500® Market Capitalization

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005

S&P 5

00 M

arke

t Cap

($

'000

s) Market Premium

Intangible Book Value

Tangible Book Value

Data: Ned Davis Research, Inc.

THE WORLD IS SPIKY: POPULATION

Map by Tim Gulden, University of Maryland.From Richard Florida, “The World is Spiky,”The Atlantic Monthly, October 2005

THE WORLD IS SPIKY: PATENTS

Map by Tim Gulden, University of Maryland.From Richard Florida, “The World is Spiky,”The Atlantic Monthly, October 2005

UNIVERSITY TECHNOLOGY TRANSFER

TECHNOLOGY COMMERCIALIZATION IN NUMBERS*

9

Research Funding

(~$693B)

~293,000 Invention

Disclosures

~152,000 Patent

Applications

~61,200 Patents Awarded

67,102 activelicense & options,7,781 start-ups

* Source AUTM Licensing Survey 1991-2011

Let us be honest, you want to be on this list!

BAYH-DOLE ACT Historical Perspective• Science — The endless frontier (1945) • 1950s-1970s — Expansion of government R&D

– growth in R&D procurement from universities– competition for government research grants

• By late 1970s, recognition of unrealized potential from Government inventions– 28,000 government patents but only 5% licensed

• No uniformity in government intellectual property policies in R&D procurement