Harnessing University Research for Innovation and Economic Development Alan B. Bennett, Ph.D.

UC Davis – from its roots

Infrastructure to manage existing intellectual property assets (technology transfer office)

Created a culture supporting innovation in the university, in the faculty and graduate students

Developed networks with business development resources – legal, investment and entrepreneurship

University research supports regional and national economic development

The world’s 1st, 2nd, 3rd and 5th largest

biotechnology companies are in California.

1,600 companies (1 in 4 founded by UC scientists)

$2.9 B total NIH grants awarded in CA

$15.5 B private research in CA

Public institutions can be a source of innovation, business opportunity and regional/national economic development

What are the requirements • Strong research base

• Legal and policy framework to manage IP

• A culture of innovation

- committed institutional leadership

• Technology transfer infrastructure

• Business development networks

Strong research base

• Climate Change

• Foods for Health

• Energy for the Future

• Stem Cells and Bioethics

• Computational Exploitation of Biological Networks

Investment in new faculty hiring – 70 FTE

Targeted towards strategic educational and economic sectors

Research incentives Professional recognition/advancement Adequate financial support

Public institutions can be a source of innovation, business opportunity and regional/national economic development

What are the requirements • Strong research base

• Legal and policy framework to manage IP

• A culture of innovation

- committed institutional leadership

• Technology transfer infrastructure

• Business development networks

Universities may elect title to inventions developed through Federal funding

Universities must file patents on inventions they elect University must have written agreements with faculty and staff

requiring disclosure and assignment of inventions University must share a portion of revenue with inventors Excess revenue must support research and education Government retains non-exclusive license to the invention Government retains march-in rights Requirement for substantial US manufacture

1. Created clarity about IP ownership 2. Localized licensing of IP near researcher/inventor 3. Created incentives to build technology transfer infrastructure

Bayh-Dole Act – 30 years old

Legal and policy framework

Establishing an IP (intellectual property) policy is necessary for several important reasons.

IP rights, including patents, copyrights, trademarks, and industrial property rights are a

natural outcome of research. Therefore, any public sector institution entering into

research contracts with private sector entities will encounter IP issues.

Remember that it is too late to begin formulating IP policy when negotiations about IP

have already begun. As Lita Nelsen, Director of the Massachusetts Institute of Technology

(M.I.T.) Licensing Office, observes, “Although policies will change over time as the program

evolves, the major issues must be decided in advance. Otherwise, a new program is likely

to stall or fail altogether in entangled committee indecision and policy ambiguity.”

UC Patent Policy

Mandatory Invention Disclosure

Inventor Assignment of Title to UC

Distribution of Net Income*

- Inventor Receives 35%

- Campus Research Fund Receives 15%

- Remaining 50% to General Pool at Inventor’s

Campus/Lab

University IP policy can be simple and consistent with the legal framework (Bayh-Dole)

Public institutions can be a source of innovation, business opportunity and regional/national economic development

What are the requirements • Strong research base

• Legal and policy framework to manage IP

• A culture of innovation

- committed institutional leadership

• Technology transfer infrastructure

• Business development networks

“Our mission is education, research, and public service.

Technology transfer is a vehicle that helps us do all three. It boosts

research support. It creates internships and educational opportunities

for our students. It stimulates the regional economy. And hopefully, it

benefits society.” Chancellor Dynes

“California's economic rise is closely tied to the rise of its research

universities. New industries have been invented, new products have been

developed and new medical techniques have been invented to both save

lives and enhance their quality.”

President Atkinson

Building a culture for innovation Leadership counts

Alan Heeger shares Nobel Prize - 2000

Building a culture for innovation High profile examples of success and campus recognition

Alan Heeger founded UNIAX - 1993

Conducting polymers

Public institutions can be a source of innovation, business opportunity and regional/national economic development

What are the requirements • Strong research base

• Legal and policy framework to manage IP

• A culture of innovation

- committed institutional leadership

• Technology transfer infrastructure

• Business development networks

Technology Transfer Services (lawyers and scientists)

Business Development Services (MBAs and entrepreneurs)

Infrastructure to support technology transfer and industry collaborations

Deliberate and strategic IP management to identify best innovative path

Founded 2004

Staff of 18 for a research base of >$500 M

Technology transfer center “clusters”

An infrastructure for technology management

www.iphandbook.org

Licensing Academy Professional training for international technology/IP managers

Representatives from Chile will Attend First Licensing Academy

June 5-17, 2011

Public institutions can be a source of innovation, business opportunity and regional/national economic development

What are the requirements • Strong research base

• Legal and policy framework to manage IP

• A culture of innovation

- committed institutional leadership

• Technology transfer infrastructure

• Business development networks

Supporting Entrepreneurship Networks with business development resources – legal and investment

Industry members Board of Directors to guide effective programs Networking, events, introductions, regional culture

research diversity driving innovation

Celebrex, Vioxx

Soluble expoxide

hydrolase

research diversity driving innovation

Patent portfolio

Thank you Alan B. Bennett, Ph.D. abbennett@ucdavis.edu