Economic & Technology Development Ohio University OHIO UNIVERSITY Economic & Technology Development
1996-2001 Ohio Metrics M$ Research/Invention Disclosure Ohio University 1996-2001 Ohio Metrics M$ Research/Invention Disclosure M$ Research/Startup $ Research/ $1.00 Royalty Income M$ Research/Licenses & Opt. executed M$ Research/ Issued US Patent
Ohio University 1996-2001 Ohio Metrics Ohio Institutions received $5.437B research dollars US Total was $137.3B On per capita basis Ohio recv. - 84%
1996-2001 Ohio Metrics Research $/Inv. Dis. Ohio University 1996-2001 Ohio Metrics Research $/Inv. Dis. US Average = $2,319,956 Ohio Institutions = $2,028,319 Ohio -US Comparison - 114%
1996-2001 Ohio Metrics Research $/US Patents issued Ohio University 1996-2001 Ohio Metrics Research $/US Patents issued US Average = $8,259,678 Ohio Institutions = $8,048,884 Ohio -US Comparison - 103%
1996-2001 Ohio Metrics Research $/Start Up Ohio University 1996-2001 Ohio Metrics Research $/Start Up US Average = $79,277,648 Ohio Institutions = $97,100,372 Ohio -US Comparison - 82%
1996-2001 Ohio Metrics Research $/Lic & Opt Executed Ohio University 1996-2001 Ohio Metrics Research $/Lic & Opt Executed US Average = $7,287,771 Ohio Institutions = $11,380,842 Ohio -US Comparison - 64%
1996-2001 Ohio Metrics Research $/Royalty$ Ohio University 1996-2001 Ohio Metrics Research $/Royalty$ US Average = $35.34 Ohio Institutions = $74.34 Ohio -US Comparison - 47%
1996-2001 Ohio Metrics Summary Ohio is above US Average in: Ohio University 1996-2001 Ohio Metrics Summary Ohio is above US Average in: Invention disclosures – 114% Patents Issued – 103% Ohio is below US Average in: Start-ups – 82% Licenses & Options – 64% Royalty $ - 47%
Ohio University’s Approach Integrate IP and technology development Hometown venture funds IP development funds Business start-up assistance Business incubator space
Integrate IP and Tech. Dev. Ohio University Integrate IP and Tech. Dev. Innovation Center (OU’s business incubator) and OU’s TTO report directly to the AVP for Economic & Technology Development - 1992
Venture Funds Athenian Venture Funds Ohio University Fund 1 - $13M (1994) Fund 2 - $75M (2002)
IP Development Funds Early Stage Development Fund(ESDF) - 1998 Ohio University IP Development Funds Early Stage Development Fund(ESDF) - 1998 $100K/yr Selected Invention Disclosures $20-$30K/project 12 –24 months
IP Development Funds SE Ohio Science Commercialization Initiative Ohio University IP Development Funds SE Ohio Science Commercialization Initiative OU/Battelle/OUF/TAF Accelerate technology development Attract additional commercialization funds Technology based start-ups in SE Ohio $200-$500K/project Business formation preferred outcome
Business start-up Assistance & Space Ohio University Business start-up Assistance & Space Ohio University Innovation Center -1983 35,000 ft2 total 7,500 ft2 wet lab capacity 1,400 ft2 high bay prototype manufacturing $5.7M facility ~1/2 from Federal grants; ~1/2 Bonds
Ohio University
Ohio University Contact Info. Bld. 20, Suite 190, The Ridges Tel: 593-1818 Fax: 593-0186 E-mails: meyerg@ohio.edu clark@ohio.edu malott@ohio.edu Website: www.innovationcenter.ohiou.edu