708_ Delivering value to its primary internal and external constituents and stakeholders

The mission of the
CU Technology Transfer Office is to aggressively pursue, protect, package, and license to business the intellectual property generated from

the research enterprise and to serve faculty, staff, and students seeking to create such intellectual property. The entire CU TTO team has done a very excellent job in in light of the tough economy.
Larry Nelson stopped in the CU Technology Transfer Office in Boulder to get a fiscal year end update from
David Allen, Associate VP for Technology Transfer and
Tom Smerdon, Director Of Licensing & New Business Development. Start-up Company Sustainability: In the last five years, 51 companies have been formed based on CU intellectual property. Of the 51 companies from the last five years, 44 are operational as either stand alone or subsidiary/merged companies. Here's a dashboard look at what was reported for fiscal year 2008 -09: invention disclosures (best year yet); patent applications (preformed well, even with slight downward pressure on the speculative patent budget); exclusive licensing transactions (best year yet) nonexclusive licenses (only one software product producing multiple licenses); start-ups (continued performance at nationally prominent level)Proof of Concept (POC) program (considerable investment in start-ups and maturation of individual technologies); overall revenue (expected low revenue, worsened by recession); business community engagement (great support from Colorado’s technology-centric, entrepreneurial community) support from the CU Administration (strategic importance maintained); Net-net: in a challenging fiscal environment, TTO managed well, and focused on continuing to deliver value to its primary internal and external constituents and stakeholders. There's more...
Related Links:
CU Tech Transfer Office ||
CU TTO Channel ||
CU TTO Annual Report ||
Mastering Change || Keywords: David Allen, Tom Smerdon, CU Tech Transfer Office, Licensing, New Business Development, Start-up Company Sustainability, Business Development >> Channel: CU TTO >> Bytes= 14238305 > - 8/24/09
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