The Collective IP Innovation Intelligence Digest is a hand-curated newsletter compiled weekly to illuminate those technologies, inventors and startups who are driving the innovation economy. If you enjoy and find this aggregated information informative please consider forwarding it to your friends and colleagues. New readers can subscribe HERE. Thank you!

TTOs

Researchers at the University of Georgia (@UGAResearch) work to illuminate the connection between chronic inflammation, low oxygen level and the resultant cell proliferation that begins the cancer process. Here.

Cornell University’s (@CU_TechTransfer) new Manhattan technology campus is a new beacon in the middle of the East River, attracting a national and international audience of students and technology companies. Here.

65 million U.S. adults have some form of periodontal disease, Columbia University (@Columbia_Tech) researchers are targeting early signs of these severe gum diseases. Here.

UC Berkeley (@BerkeleyIPIRA) investigators have developed novel antibody mimics leading to the production of Fc-synthetic molecule hybrids that improve pharmacokinetic properties of synthetic agents and provide them with immunological activating properties. Here.

Potential paradigm shifting point of care modular diagnostic out of Emory University (@EmoryOTT) the Acuray system is designed for the detection of biomarkers consisting with customizable sensors to perform multiple diagnostic tests, and the onboard software to analyze results. Here.

Researchers at Georgia Tech (@GTRI) are developing a micro gas chromatograph (GC) for early detection of diseases in crops which may provide farmers with an ability to quickly evaluate the health of their crops, address any possible threats, and increase yield by reducing losses. Here.

Spinouts & Startups

Encapsulife, with IP derived from Vanderbilt University (@VanderbiltCTTC) and NASA (@NASA_Technology) is approaching the longstanding challenge of converting blood glucose to insulin with a novel implantable patch. Here.

The University of New South Wales (@UNSWInnovators) startup, Forcite Helmet Systems is challenging the boundaries of new wearable technologies, and collecting awards along the way.

Courtesy of MaxPanck-Innovation (@MP_Innovation), its not just a Harvard dorm room or Silicon Vally, over 1,300+ startups are flocking to Berlin. Here.

Clemson University (@ResearchCU) spinout Tetramer Technologies recently received a Phase II SIBR grant to develop and commercialize a high-temperature, highly processable optical fiber coating to enable operations above 300 degrees celsius.

Funding

Ben-Gurion University (@BengurionU) and Massachusetts Institute of Technology (@MIT_TLO) are creating a seed fund to promote and support early-stage collaborations between researchers at the two institutions. Here.

Oregon Health & Science University (@OHSU_TTBD) is collaborating in a new venture capital fund focused on healthcare and life sciences, targeting $100MM close. Here.

A planned $4.5MM of state funds will be directed to support a new regenerative medicine partnership between the Mayo Clinic (@MayoInvents) and the University of Minnesota (@UMNews). Here. 

Other

Entrepreneur Magazine (@EntMaganzie) published their 100 Brilliant Companies, picking ideas, companies, applications and inventions that have amazed the market with their unique solutions to common problems. Here. 

Events 

The Cleveland Clinic’s (@CCInnovations) 2014 Medical Innovation Summit will be kicked off by the New Ventures Healthcare Challenge, where the world will be introduced to healthcare information tech companies with new and novel concepts. Apply/Register Here.

Don’t miss Boston University’s Office of Technology Development (@OTDatBU) 5th annual Tech, Drugs and Rock n’ Roll networking event, celebrating the intersection of business and science communities. Register Here.

 

 

 

Last month one of the best known and respected geneticists, Cynthia Kenyon (login to view Dr. Kenyon’s profile Here), left the University of California San Francisco (login to view UCSF profile Here) and joined the California Life Company (Calico), a startup backed by Google. She joins a roster of other scientists at the startup which is reportedly focused upon the bold challenge of mitigating and curing aging and associated diseases. Kenyon will retain her affiliation with UCSF as Professor Emeritus. It is often common to see faculty either maintain, reduce or place their academic post on hold while founding a startup company spinning out from their home university.

Collective IP believes this is a great development, along with other examples of high profile faculty working with startups. We are passionate advocates for academics, researchers, post-docs, graduate students, undergraduates and dropouts having the courage, tenacity, and entrepreneurial spirit to start or join new companies that will bring transformative research out of the labs and into the general public.  And, if anyone can reverse aging its Kenyon with the help of Google!

We suggest the mission of research institutions must include helping to commercialize research and create spinout companies. The work of educating undergraduates is increasingly happening with technological assistance (see for example Coursera and a dozen plus similar online environments). This frees up faculty, to a degree, but if at the end of the day the advantages of web-based learning simply increases the “publish or perish” paradigm these advances in education transmission will be of little benefit to the wider economy and society. As we have previously noted, academics should be incentivized to participate in the entrepreneurial ecosystem, and that means allowing them to join or start companies but be able to return to the university later, whether or not the company is successful.

We wish Kenyon, and Calico, great success in their noble mission. But if it doesn’t work out — startups are by their nature extremely risky (and Calico in particular is “the ultimate moonshot” in the words of Larry Page) — we know that Kenyon can return to UCSF and be able to share not just her research expertise but the valuable lessons she learned from startup life, ideally helping to foster a new generation of UCSF researchers to go out and start companies, including the “moon shots”.

The Collective IP Innovation Intelligence Digest is a hand-curated newsletter compiled weekly to illuminate those technologies and inventors who are driving the innovation economy. If you enjoy and find this aggregated information informative please consider forwarding it to your friends and colleagues. New readers can subscribe HERE. Thank you!

TTOs

BASF is teaming up with University California, Berkeley (@BerkeleyIPIRA), Stanford (@StanfordOTL) and UCLA (@UCLAInvents) to Establish a Multidisciplinary Research Institute Focused on Inorganic Materials and their Applications, and Biosciences. Here.

Research from N.C. State University (@NCStateResearch) Identifies the Cankerworm as Destroyer of Urban Foliation Due to Lack of Plant Diversity and Highlights What May Limit Future Damage. Here.

Giving Innovation the Green Light: Carnegie Mellon University’s (@CarnegieMellon) University Transportation Center and Traffic 21 (@TSET_CMU_PENN) Create Real-time Smart Traffic Technology to Adjust Green Light Duration. Here.

When is Bug Spray More than Bug Spray? When it’s a Compound that, According to Researchers at Vanderbilt University (@VanderbiltCTTC), is Thousands of Times Stronger than DEET, Works on Many Different Insects and Could Very Well Save Lives. Here.

Mayo Clinic’s (@MayoInvents) Massive Blitzkrieg Blast Approach with Measles Vaccine Wipes out Certain Blood Cancer, this Proof-of-Concept Demonstration Leads to Additional Clinical Study. Here.

Spin-out Start-ups

UCLA (@UCLAInvents) Spin-out, ImaginAb, is Harnessing the Power of Antibody Technology for In Vivo Imaging, and Launched Japanese Subsidiary. Here.

The University of Colorado (@ColoradoTTO) Released an Updated Poster on CU Start-ups Providing Information on Financings, Acquisitions, and More for Companies Dating Back to the Early’s 1990’s to Present Day. Here.

Emory (@EmoryOTT) Spin-out Velocity Medical Solutions is Acquired by Palo Alto-Based Varian Medical Systems. Here.

Funding

University of Washington (@UW) Scoops up $31.2MM to Speed Commercialization of Research Across Four Study Centers: Neuroengineering, Protein Biology, Clean Energy and Big Data. Here.

The Cancer Prevention and Research Institute of Texas Awarded UT Southwestern Medical Center (@UTSWNews) $11MM in Research Grants to Support Recruitment of Top Cancer Scientists and Clinicians, the Most Funding of Any Texas institution. Here.

Other

What Do You Think the Energy Sector Will Look Like in the Next Ten or Twenty Years? Forbes (@Forbes) Provides a Preview of Innovations that Could Upend the Future of Energy As We Know It. Here.

Was the Internet Born In 1945? The Altantic (@TheAtlantic) Examines Memex: A Hypertext-like Device Built Upon a Network of “Links” May Have Formed the Foundation of the Hyperlink-based Internet that We Know Today. Here.

Events

Don’t miss Boston University’s Office of Technology Development (@OTDatBU) 5th Annual Tech, Drugs and Rock n’ Roll Networking Event, Celebrating the Intersection of Business and Science Communities. Register Here.


Send us your stories. Email to: digest@collectiveip.com

 

 

 

 

 

 

 

 

December 2015 will be the 35th anniversary of the Bayh-Dole Act. While there is active debate as to the exact numbers, the technology transfer process is acknowledged across the board (even among critics of the legislation) to have created millions of jobs, added hundreds of billions of dollars to gross domestic product, and turned university research into products and services impacting nearly every sector of the American economy.

In the coming months we’ll have a lot more to say about the Bayh-Dole Act, tech transfer, and the commercialization of university inventions. For now we will simply ask why this statute, which is arguably “the most inspired piece of legislation to be enacted in America over the past half-century” [per The Economist], is still tragically underutilized.

We can all agree that important inventions originating in universities, funded by the general public, should, one way or another, be made available for the benefit of the general public. But as we discussed last week, there is an enormous distance to be travelled between simply patenting a university discovery and turning that discovery into a viable product or service.

Nevertheless, estimating very conservatively, there are at this moment many thousands of licensable university inventions that could be the basis for viable businesses. This plethora of innovation is transpiring and poised for commercialization not just at the immediately obvious high-octane research institutions (e.g. Stanford, Harvard, MIT etc.), discovery and development is simultaneously occurring at the vast numbers of small to medium public and private schools that most venture capitalists and entrepreneurs have never dealt with before.

What stands in the way of business development professionals identifying and acting upon these opportunities? How can we surface actionable, contextualized information about government funded discoveries to the global ecosystem of entrepreneurs and investors? We at Collective IP believe to have some answers to these questions. Stay tuned…

According to the National Business Incubation Association, there were over 1,250 incubators in the United States as of October 2012 (!), and that number surely grew in 2013. By way of comparison there were just 12 incubators in the United States in 1980.

Incubators are often one component of a larger entrepreneurial ecosystem consisting of physical co-working spaces, new and experienced entrepreneurs, mentors, assorted venture capital and angel investors. Unfortunately the law of probability suggests that only a small percentage of the accelerated startups emerging from these communities will become self-sustaining. But all this accumulated experience – from successes and even more so from failures – should not go to waste.

The many entrepreneurs who have recently worked on software or web applications may wish to consider, either now or in the future, turning their attention to the challenge of bringing hard science innovation from universities to the general public. In other words, they should consider the technology transfer process. The incubators and accelerators can help. These entities have not yet begun to effectively connect with, and explore the technology available at universities and research labs.

We think there are several reasons why incubators/accelerators have not, yet, taken advantage of the tech transfer process.  First, while university technology transfer offices often make data about licensable discoveries available on their website, this information, without much more context, is not as immediately actionable as it could be for entrepreneurs, their mentors and the incubator communities. Second, investors coming from tech – especially software – do not have much experience with the technology transfer process, and expertise from successful university licensees tend to remain siloed within life sciences or niche engineering and materials science. Collective IP solves these two problems.

In the coming months we will delve into the incredible opportunities presented by university research discoveries, and how local entrepreneurial ecosystems – including experienced entrepreneurs moving on from software and web applications – can benefit from the tech transfer process.

 

In a recent opinion piece published in the Proceedings of the National Academy of Sciences titled “Changing the academic culture: Valuing patents and commercialization toward tenure and career advancement” the authors suggest that the reason universities have been slow to take on their proper role in the innovation economy is because of “a lack of change in incentives for the central stakeholder, the faculty member.” The authors argue that “universities should expand their criteria to treat patents, licensing, and commercialization activity by faculty as an important consideration for merit, tenure, and career advancement, along with publishing, teaching, and service.”

We certainly agree. And if such incentives lead to more tech transfer success it will create a positive feedback loop which will further incentivize faculty.

But the production of patents is only one small part of the process of going from pure research to successful enterprise. There is a long distance to be travelled between obtaining a patent and the licensing of that patent to a startup for purposes of creating a company. And then an even greater distance to be travelled in making that startup a success, so that it generates meaningful licensing revenue back to the university.

We think “commercialization activity” should include participation in the local startup ecosystems (i.e. the broader community of entrepreneurs, investors, mentors, etc.)  The university can help, by providing for example, meeting and work space, research assistance and a variety of other value-add resources.

Aligning incentives more closely to the innovation economy, as the authors suggest, is a great idea, but in a vacuum it may have little impact. Effectively and efficiently connecting those faculty, who are amenable to a commercial lens on their work, with the broader community of entrepreneurs, investors, mentors and local startup ecosystems would likely yield a greater impact. Collective IP works diligently to lubricate this university/faculty connectivity with industry. We invite you to participate, start by identifying your university here: https://www.collectiveip.com/technology-transfer.

 

In this post you’ll find:

  • A little about us
  • A little about Innovation Intelligence
  • An invitation to participate in an important conversation

Collective IP, the global leader in Innovation Intelligence, features the world’s most comprehensive and accurate organization of technologies residing within universities, companies and research institutes.

We provide unrivaled access to licensing and acquisition opportunities around the globe thereby saving time and money for those engaged in the identification of time decaying assets, due diligence, competitive intelligence and intellectual property strategy.

It takes many constituents to bring a nascent technology to market: inventors, investors, entrepreneurs, mentors, experts in intellectual property and finance, and so forth. In recent years we have seen these groups coalesce into what we call the Innovation Intelligence ecosystem. One critical component, we believe, to the acceleration of commercializing new technologies is university discovery and the role of technology transfer, which thus far have been underutilized due to the unstructured nature of content emanating from this global research network.

Our platform captures and illuminates ideas at their earliest stages and maps the evolution of a technology from inventor and their body of work to grant winning, invention disclosure, patent application, publication, IP issuance and commercial launch. By uniquely organizing technology transfer offices at universities and research institutes, public and private companies, and the innovators who inhabit these entities, Collective IP provides a Software-as-a-Service (SaaS) that reveals the world of global innovation like no other. Collective IP also tracks and uniquely organizes the diverse repertoire of individual researchers who form the foundation of the Innovation Intelligence ecosystem.

Looking to find the latest technology for “intelligent automated assistants”? We have it. Everything about SIRI and Apple, the inventors, the patent estate … you name it, it can all be found in Collective IP.

At our core we believe Collective IP will bring creators and consumers together faster, cheaper and more efficiently than ever before. This advance in connectivity will usher important ideas and transformative technologies to market which in-turn will improve our quality of life and the conditions of the world we inhabit.

Yeah, kinda a big mission for a little company in Colorado but when a dedicated team is driven by the shared desire and passion to make the world a better place, anything is possible…

I invite you to join us by subscribing to our blog HERE, follow us on Twitter and LinkedIn, and friend us on Facebook.

Finally, being entrepreneurs ourselves, we recognize the challenges faced when attempting to materialize an idea; it truly does take a village, and great communication is an important component to achieving requisite goals. So in the spirit of great communication and surfacing the voices of the global Innovation Intelligence ecosystem, we have enabled a place for you to share your thoughts. You are cordially invited to engage in this important dialogue with us; simply leave your comments below.

We look forward to hearing from you! Here we go…

Matt Brewer
CEO