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Economic & Technology Development

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Presentation on theme: "Economic & Technology Development"— Presentation transcript:

1 Economic & Technology Development
Ohio University OHIO UNIVERSITY Economic & Technology Development

2 1996-2001 Ohio Metrics M$ Research/Invention Disclosure
Ohio University Ohio Metrics M$ Research/Invention Disclosure M$ Research/Startup $ Research/ $1.00 Royalty Income M$ Research/Licenses & Opt. executed M$ Research/ Issued US Patent

3 Ohio University Ohio Metrics Ohio Institutions received $5.437B research dollars US Total was $137.3B On per capita basis Ohio recv %

4 1996-2001 Ohio Metrics Research $/Inv. Dis.
Ohio University Ohio Metrics Research $/Inv. Dis. US Average = $2,319,956 Ohio Institutions = $2,028,319 Ohio -US Comparison %

5 1996-2001 Ohio Metrics Research $/US Patents issued
Ohio University Ohio Metrics Research $/US Patents issued US Average = $8,259,678 Ohio Institutions = $8,048,884 Ohio -US Comparison %

6 1996-2001 Ohio Metrics Research $/Start Up
Ohio University Ohio Metrics Research $/Start Up US Average = $79,277,648 Ohio Institutions = $97,100,372 Ohio -US Comparison %

7 1996-2001 Ohio Metrics Research $/Lic & Opt Executed
Ohio University Ohio Metrics Research $/Lic & Opt Executed US Average = $7,287,771 Ohio Institutions = $11,380,842 Ohio -US Comparison %

8 1996-2001 Ohio Metrics Research $/Royalty$
Ohio University Ohio Metrics Research $/Royalty$ US Average = $35.34 Ohio Institutions = $74.34 Ohio -US Comparison %

9 1996-2001 Ohio Metrics Summary Ohio is above US Average in:
Ohio University 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%

10 Ohio University’s Approach
Integrate IP and technology development Hometown venture funds IP development funds Business start-up assistance Business incubator space

11 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

12 Venture Funds Athenian Venture Funds Ohio University
Fund 1 - $13M (1994) Fund 2 - $75M (2002)

13 IP Development Funds Early Stage Development Fund(ESDF) - 1998
Ohio University IP Development Funds Early Stage Development Fund(ESDF) $100K/yr Selected Invention Disclosures $20-$30K/project 12 –24 months

14 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

15 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

16 Ohio University

17 Ohio University Contact Info. Bld. 20, Suite 190, The Ridges Tel: Fax: s: Website:


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