Category Archives: Metrics

3 Metrics to Improve the Economy Your Tech Transfer Office Should Be Tracking

Welcome to the latest post in our “Metrics Monday” series. Today, I’m going to talk about some important metrics that most TTOs don’t track… but should. Why these metrics? Because these three metrics indicate whether your TTO is on the right path to achieving higher targets for your university’s government funding and industry sponsored research agreements (SRAs). And these targets will have a much bigger impact on the local economy than most startups will because they lead to hiring more staff that are high-salary jobs. Continue reading

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The Problem with Startup Metrics: Kicking Off the “Metrics Monday” Blog Series

iStock_000024202877SmallSeveral months ago, a read an article called “Are Universities Creating Too Many Biotech Startups?” At the time I thought: The question is not how many startups should a university do, but why are they doing them? Since then, I’ve seen more and more stories in the industry news about universities focusing heavily on startups, particularly within the context of job creation and helping the local economy. Not surprisingly, some of these efforts are emerging from state government and/or economic development agencies. I myself have been invited to participate on several panels and task forces related to this topic. Their recurring mantra has been: “We want to increase startups and licensing revenue.” My response always is:… Continue reading

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Worth Reading in Tech Transfer: External Advisory Panels, Creating Economic Growth, Battling Bayh-Dole Critics, Open Innovation, and a Fun History on the Space Race

Online reading of technology transfer newsWonder what we’re reading as we wait for Congress to pass a budget? Read on. There were two articles in the September 2013 issue of Technology Transfer Tactics newsletter (available with a subscription from Tech Transfer Central) that elaborated on a blog post we ran here concerning the use of panels of external experts in evaluating technologies: Continue reading

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Insights from Social Media Panel

Last week I had the great opportunity to participate in a social media panel at the 2013 meeting of the Association of University Technology Managers®. My fellow panelists and I were thrilled to have a large audience with very engaged participants. I’d like to share a few of the themes that I found to resonate most strongly with our audience, based on both their questions and their facial expressions! Continue reading

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Open Innovation “Loser” Redux: More thoughts, new webcast

L is for loserOne of the items in my last “worth reading” post — Stefan Lindegaard’s blog post “Are Universities, Tech Transfer Units Open Innovation Losers?” — is getting a lot of attention, including a Technology Transfer Tactics blog post. Given the discussions in several tech transfer groups across LinkedIn (including AUTM, Techno-L, and Technology Transfer – Valorisation), I’d like to offer some further thoughts here. Open innovation refers to the spin-in as well as the spin-out of ideas, technology, etc. Approaching these two “directions” in concert and proactively — what we’ve called Symbiotic Innovation — is an essential component for revolutionizing technology transfer. Continue reading

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Worth Reading: IP Negotiations Advice, Universities as Open Innovation “Losers,” the Need for Better Tech Transfer Metrics, Royalty-Based Fiscal Cliffs, and Crowdsourced Soldiers in the War on Patent Trolls

Online reading of technology transfer news Is your new year’s resolution to better keep up with the latest in the technology transfer industry? Then consider this blog post a helping hand. And if you have opinions about these tech transfer “good reads” or fav articles/blogs of your own, share them by posting a comment below or sending me a private message. Continue reading

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Worth Reading: Licensing Data, More Centralizing, Biotech Ties, Creative Marketing, and a Remembrance

Online reading of technology transfer newsIt’s time for another post about articles and other tidbits we’ve read that we think you should read too. Feel free to share your thoughts about these items or tell us about your favorite tech transfer stories. Post a comment below or email us via our Contact Us page. Continue reading

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Communicating the Value of Tech Transfer: An Example from NASA

NASA FlyerAlthough we’ve been blogging a lot lately about effective technology marketing strategies (especially given our new webinar on this topic), there’s another kind of marketing that we at Fuentek believe is essential for technology transfer offices (TTOs). It might feel like bragging, but communicating the results of technology transfer is as important as executing tech transfer deals. Effective communication tools that illustrate your TTO’s positive achievements demonstrate to your internal and external stakeholders both the value of tech transfer and how successful your TTO is in supporting the mission of your institution. We recently completed a project for NASA that illustrates exactly this idea. Continue reading

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Worth Reading: University Responsibilities, the Patent System, Killing Startups, Free Agency, and Noteworthy TTOs

I’m pleased to bring you this month’s list of articles that we at Fuentek feel are worth reading. Many of these are pretty new, while some are oldies but goodies. Several of the pieces hovered around a similar theme, resulting in a slightly longer list despite the shorter month. Good thing we have leap day this year! Continue reading

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Commercializing Federally Funded Research: Paper Lays Out Roadmap

What’s the best way to get federally funded technologies out of university and federal labs and into the market? This is the big question of late, and it’s generating a lot of hubbub. Regardless of the merits of all of the initiatives, directives, and legislation, I think a key aspect is being overlooked. As any technology transfer office (TTO) can tell you, not every technology emerging from federal R&D spending will be the next Honeycrisp™ apple, implantable pacemaker, or Red Hat, Inc. But some do have the potential to launch new companies, improve or expand the product/service offerings of existing companies, create jobs, or otherwise positively impact the U.S. economy and/or provide humanitarian benefits. The question is: Which technologies? And, more importantly, how do TTOs find them and commercialize them efficiently? Continue reading

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