UC: A Tech-Transfer Powerhouse
Three campuses are among the world’s 10 strongest in biotech licensing. Among universities worldwide, the University of California system averaged the highest level of licensing income annually— almost $100 million—from its research discoveries in biotechnology, according to a recent think-tank study of biotech-knowledge transfer.The Milken Institute study, “Mind to Market: A Global Analysis of University Biotechnology Transfer and Commercialization,” sought to determine which universities worldwide were doing the best job at technology transfer and commercialization of their discoveries and inventions in biotechnology.
Among its findings:
- From 1997 to 2003, UC was the most successful university in licensing income from its discoveries and inventions, a total average of about $100 million per year, followed by Stanford University ($50 million), and the Massachusetts Institute of Technology ($33 million).
- The UC system is runner-up behind MIT (among U.S. and Canadian universities) in turning knowledge into commercially viable products and start-up companies.
- UC ranked first in number of U.S. biotech patents issued: 723 patents between 2000 and 2004.
- UC produces the second-highest number of start-up businesses,
approximately 20 a year.
UC Berkeley was ranked seventh in biotech patenting worldwide. It did not do as well in the other two areas, coming in at No. 25 in publication ranking and No. 29 on the study’s “technology transfer and commercialization index.”