Autm Licensing Survey: Fy 2002

This annual survey by The Association of University Technology Managers is a summary of technology licensing and related performance information for United States and Canadian academic and non profit institutions, and patent management and investment firms. The management of intellectual property in order to make academic research results available to the public in the form of commercial products is explored. Quantitative information from AUTM members using the AUTM Licensing Survey instrument is presented. Information is gleaned about new programs as well asmore established programs. Because the technology transfer process takes anumber of years, the data from programs at different points in the process arenot comparable. The results indicatethe long-term nature of technology transfer and short-term impacts of economic conditions. The survey also reflects the difficulty that university licensing professionals encountered in the 2002 fiscal year due to decreases in funding linked to licenses and options. Furthermore, though the venture capital industry experienced a significant decline in start-ups and those going out of business increased sharply, universities continue to reap the rewards of transactions and partnerships since the passage of the Bayh-Dole Act. Finally, total royalty income isanalyzed on various levels. (JSD)