IU Tech Transfer Toppling Records

Posted: Updated:
BLOOMINGTON -

More technology transfer activity is occurring at Indiana University than ever before. Some 485 inventions have gone from concepts and creations developed on-campus to market over the last three years -- a record -- and Vice President For Research Fred Cate says sustained investment by IU is driving the growth. In an interview on Inside INdiana Business with Gerry Dick, Cate said the university and its Innovation and Commercialization Office have improved the process by which students and researchers can create something tangible.

Cate said tech transfer has become integrated into the way IU operates. "We've completely restructured the way we approach technology transfer," he said. "From the moment we hire a good faculty member or we bring in a great student, we try to work with them the entire way through their career, so that we're giving these disclosures, they're thinking about the practical benefits of what they're doing and they're working with us to get those to the market."

Last year alone, IU earned 141 patents an increase from 57 recorded the year before. "Tech transfer is all about tacking the ideas that come out of the lab, that come out of the research environment, and translating them into products and services that could be useful to the community," Cate said. "Just like we publish article or give presentations, a far more effective way to get things out is to do it through tech transfer."

Since 1997, IU says research has yielded some 3,200 inventions and over $145 million in licensing and royalty income.

  • Perspectives

    • Ahh…Yes! Turning a Hot Mess into a Cool Breeze

      "Problems cannot be solved by the level of thinking that created them," is attributed to Einstein over 75 years ago. This still holds true, particularly in challenging communications. Many people address conflict at the level it was created by rehashing and building more evidence for their ‘side’ of an argument. Repeating a position tends to intensify the separation of people.

    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

    • The IU School of Informatics, Computing and Engineering will now be named for Fred Luddy for his $60M gift. (photo courtesy James Brosher/IU)

      $60M Gift to IU, Second Largest in School History

      An Indiana University alumnus who founded the information technology firm, ServiceNow, has given his alma mater $60 million to establish an artificial intelligence center. The university says the gift from cloud-computing pioneer Fred Luddy is the second largest in the history of the IU.

    • POET ethanol co. announced in Aug 2019 it was closing the plant in Cloverdale. (photo courtesy: POET)

      Cloverdale Ethanol Plant Closes

      South Dakota-based POET LLC, the nation’s largest biofuels producer, is moving forward with a plan to shut down its biorefining plant in Cloverdale, leaving 50 Hoosiers without jobs effective Friday. The company tells Inside INdiana Business that it is not making any changes to the plans announced two months ago. 

    • Purdue Global Now Offers Analytics Degree

      The U.S. Bureau of Labor Statistics reports that jobs in the field of data analysis are projected to grow 26 percent over the next ten years. Acting upon that data, Indianapolis-based Purdue University Global has launched a new Bachelor of Science degree program in analytics. 

    • The multi-year road project stretched from Bloomington to Indianapolis.

      I-69 Road Project Update

      The Indiana Department of Transportation has scheduled three public meetings for next week to update the community on the I-69 Section 6 road project.    Section 6 is an approximately $1.5 billion new interstate project stretching from Martinsville to I-465 in Indianapolis.

    • (Image of downtown Shelbyville courtesy of Mainstreet Shelbyville Inc.)

      Shelbyville Unveils Major Downtown Redevelopment

      The city of Shelbyville is announcing what it calls a major downtown redevelopment project to boost overall quality of life. The project plans feature green spaces, increased parking, market-rate housing, and infrastructure for public entertainment and community events.