Technology commercialization
The Wayne State University Technology Commercialization team is a leader in technology transfer and technology-based economic development in Michigan. Its two divisions focus on technology transfer, new venture creation and facilitating interactions between industry and WSU faculty.
The Technology Transfer Office is responsible for the identification, protection, marketing and licensing of intellectual property developed by WSU faculty. The Venture Development Office works with faculty, staff, students and alumni to leverage Wayne State innovations and create early-stage technology companies. All Technology Commercialization staff actively promote partnerships between WSU researchers and the private sector through initiatives such as TechTown, E2detroit and various collaborative efforts.
The goal of WSU Technology Commercialization is to provide high-level quality assistance and other services to WSU researchers and our industry partners to maximize the availability of next-generation technologies that will benefit society worldwide.
Technology commercialization summary statistics
|
Measure |
FY 20081 |
FY 2009 |
FY 2010 |
|
Disclosures |
46 |
40 |
36 |
|
Patent applications (U.S.) |
50 |
51 |
55 |
|
Patent applications (foreign) |
16 |
27 |
5 |
|
Patents issued (U.S.) |
7 |
10 |
6 |
|
Patents issued (foreign) |
20 |
15 |
2 |
|
Patent expenses3 |
$1,058,422 |
$961,159 |
$903,005 |
|
Licenses |
8 |
5 |
7 |
|
Start-up companies |
1 |
0 |
4 |
|
Revenues (in millions)2 |
$23,500,000 |
$666,229 |
$527,800 |
Sources: Technology and Commercialization
- WSU received from industry $526,636 in patent cost reimbursements in FY 2008
- Includes Lumigen royalty monetization of $22.2 million in FY 2008; w/o Lumigen $422,572
- As reported for FY 2009 by the Office of the General Counsel
