IU Touts Boost in Commercialization Efforts

Posted: Updated:
BLOOMINGTON -

The Indiana University Innovation and Commercialization Office is touting the school's technology transfer activity in the 2016-2017 fiscal year. The university received 57 issued patents from the U.S. Patent and Trademark Office, a more than 20 percent increase over the previous year.

IU is also reporting 164 disclosed inventions during the fiscal year, a 9.3 percent increase over 2015-2016. The university completed 62 licensing agreements, which is a 44.2 percent increase over the previous year and a 10-year high for IU. The university also received $6.67 million generated from licensing and royalty revenue, which is distributed to researchers and their laboratories.

IU says the number of startup companies launched by university researchers rose over the last year. IU CIO Executive Director Bill Brizzard says the quality of research conducted at the university led to the successful year.

"By disclosing inventions to Indiana University ICO, inventors form the foundation upon which all other technology transfer activities build," said Brizzard. "Our goal is to bring discoveries to the marketplace that will impact people's lives around the world. These operations and this goal remain the same for my colleagues and me, even as our name has changed."

IU's innovation and commercialization activities fell under the auspices of the Indiana University Research and Technology Corp. during the 2016-2017 fiscal year. Those activities are now run by the IU CIO, which was created through a reorganization effort announced by IU in late June.

  • Perspectives

    • Wojtowicz founded Indianapolis-based Cambridge Capital Management Corp. in 1983.

      Fixed, Long-Term Interest Rates Protects Against Rate Hikes

      A Hoosier small-business owner recently told his banker that, “Interest rates are as low as they ever will be” in the foreseeable future, and he wanted to get a loan with a “friendly” rate. The Fed made that official recently when it indicated  another quarter-percent rate hike will likely occur in December.  Most pundits expect there to be  three more rate hikes in 2019. Small-business owners are under pressure to act if they are considering...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • Rolls-Royce in Indy Selected For $100M Contract

      The U.S. Department of Defense has awarded a contract worth up to $100 million to Rolls-Royce Corp. in Indianapolis. The contract is related to Phase I of the Advanced Turbine Technologies for Affordable Mission-Capability program for the U.S. Air Force.

    • WOWO Names 'Morning News' Host

      The program and news director of WOWO radio in Fort Wayne has been named host of the station's morning show. Kayla Blakeslee will lead Fort Wayne's Morning News, succeeding longtime host Charly Butcher, who passed away in August. Blakeslee has served has the station's program director for the past two years, and previously served as news director and afternoon anchor. She led the station's "Penny Pitch" campaign in 2017, which earned a Service to America award from...

    • USA Gymnastics Interim CEO Resigns

      Just four days after being appointed interim president and chief executive officer of Indianapolis-based USA Gymnastics, Mary Bono has resigned. In a statement released Tuesday, Bono said her decision "comes in the wake of personal attacks that, left undefended, would have made my leading USAG a liability for the organization." Bono, a former congresswoman and principal at Faegre Baker Daniels Consulting in Washington D.C., drew criticism for a...

    • Wesemann Hall at the Valparaiso University Law School (photo courtesy Tony V. Martin/The Times of Northwest Indiana)

      Valpo School of Law Transfer Denied

      A proposal to transfer Valparaiso University's law school to another university has been shot down. The Tennessee Higher Education Commission has denied the transfer to Middle Tennessee State University, which would have led to the creation of a College of Law at the school.