Wayne State University

AIM HIGHER

Technology commercialization

The Wayne State University Technology Commercialization office 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, E2 Detroit and various collaborative efforts.

The goal of WSU Technology Commercialization is to provide high-quality assistance 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 2009

FY 2010

FY 2011

Disclosures

40

37

72

Patent applications (U.S.)

51

55

43

Patent applications (foreign)

27

5

33

Patents issued (U.S.)

10

6

7

Patents issued (foreign)

15

2

12

Patent expenses

$961,159

$903,005

$1,452,550

Licenses

5

7

12

Start-up companies

0

4

4

Revenues (in millions)*

$666,229

$527,800

$952,113

Sources: Technology and Commercialization

* As reported for FY 2009 by the Office of the General Counsel