The Association of University Technology Managers (AUTM) published FY2016 Licensing Survey.
AUTM invited 309 U.S. institutions (including universities and colleges, hospitals and research institutes, national laboratories and third-party technology investment firms) to participate in the AUTM U.S. Licensing Activity Survey: FY2016. AUTM received 195 completed surveys, for a response rate of 63.1 percent. Respondents for 2016 comprised 165 universities, 29 hospitals and research institutes, and one technology management firm. The numbers from these institutions reflect the significant role played by technology transfer in today’s innovation economy.
In 2016 more than ever, academic technology transfer was driving economic development.
- The number of invention disclosures - a direct measure of institutional impact on innovation - has been on the rise the past five years, growing to 25,825 in 2016.
- 16,487 new U.S. patent applications were filed, a gain of 3 percent over the prior year, and 7,021 U.S. patents were issued, up 5 percent from last year.
- The 1,024 startups formed made a direct impact on local economies with more than 73 percent of these new businesses remaining in the institution’s home state.
- Consumers and businesses benefited from 800 new products.
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