Innovation in Tech TransferS&T Stakeholders Conference- Washington DC

May 21, 2007

Traditional

University tech transfer office

Incubators

Innovative

Clusters

Rapid Prototyping

Tech Scouting

Portals

Innovation in Tech Transfer

Globalization of Technology

Investment in R&D is a lead indicator of a nations intent to compete globally

R&D investment over the past decade:‐ China: doubled from .06% to 1.2%

‐ Israel: increased from 2.7% to 4.7% 

‐ Finland: 3.5%

‐ Germany: 3.0% by 2010

Gregory Tassey, The Technology Imperative, 2007

How Do We Compare on the International Level ?

U.S. Federal R&D Support as Percentage of GDP (1953‐2006)Reduced from 2% to .75%

0.00

0.50

1.00

1.50

2.00

2.50

1953

1958

1963

1968

1973

1978

1983

1988

1993

1998

2003

R&

D a

s Pe

rcen

t of G

DP

Globalization of Technology

Investment in R&D is a lead indicator of a nations intent to compete globally

R&D investment over the past decade:‐ China: doubled from .06% to 1.2%

‐ Israel: increased from 2.7% to 4.7% 

‐ Finland: 3.5%

‐ Germany: 3.0% by 2010

‐ United States: 2% to .75% (1953‐2006)Gregory Tassey, The Technology Imperative, 2007

Asia’s “World Class” Campuses

Biopolis – Singapore – 12 m sf

New Songdo City – South Korea – 60 m sf Vedanta – India - 52 m sf

Guangzhou – China – 100 m sf

National Competition

Research Funds by Region(2000, 2004)

$18.0

$12.2

$5.3

$1.7

$5.0

$6.2

$14.1

$8.7

$4.1

$1.1

$2.7

$4.8

$0.0 $2.0 $4.0 $6.0 $8.0 $10.0 $12.0 $14.0 $16.0 $18.0 $20.0

California

Maryland

Massachusetts

North Carolina

Texas

Virginia

2004 2000

27.8% increase

88.1% increase

57.8% +

28.4% increase

40% increase

28.1% increase

Source: National Science Foundation, Federal Funds for Research and Development, Fiscal Years 2000, 2001, and 2002 (Table C-83); Fiscal Years 2004-06, Table 90

2006 Research Revenue RankingsUniversity Only

State Revenue Ranking

Patents to Revenue Ranking

Start ups to Revenue Ranking

California 1 3 16Massachusetts 2 10 20Chesapeake Crescent 3 19 37Texas 5 14 33North Carolina 9 13 19Source: AUTM Licensing Survey Results by State, 2006

Patents per Capita by State(2002, 2006)

69.1

11.8

27.8

67.9

25.2

28.7

16.1

53.4

88.1

16.9

50.2

16.2

21.1

11.1

0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 100.0

California

District of Columbia

Maryland

Massachusetts

North Carolina

Texas

Virginia

Per 100,000 population (2006) Per 100,000 population (2002)

Source: U.S. Patent and Trademark office; U.S. Census Bureau

+29.4% change

-86.6%

+64.6%

+35.3%

+55.4%

+36.0%

+45.3%

Technology Licenses Executed per $10M in R&D Funding, by Region (2001, 2006)

3.2

8.3

25.7

20.4

5.7

3.8

1.1

1.6

1.4

2.2

1.5

0.9

0.0 5.0 10.0 15.0 20.0 25.0 30.0

Austin

Boston

Raleigh-Durham

San Diego

San Jose-San Francisco*

Washington-Baltimore

License fees per research dollar (2006) License fees per research dollar (2001)

Source: AUTM Licensing Survey FY 2001, 2006* University of California system reported out of San Jose-San Francisco

US Entrepreneur Stats

• 92% Bachelor’s Degree

• 31% Master’s Degree

• 10% PhDs

• Nearly half of all degrees in science, technology, engineering and mathematics (STEM)

• One‐third in business, accounting and finance

Kauffman Foundation Research: 502 companies  established 1995‐2005

Age at time of company founding

US Entrepreneur Stats

• Founder average and median age‐ 39 years old

• Founders w/ MBA‐ 13 years to startup

• Founders w. PhD‐ 21 years to startup 

• Location– 45 % in same state as degree

– California‐ 69%

– Texas‐ 53%

– Massachusetts‐ 29%

– Virginia‐ 30%

– Maryland‐ 15%

High Tech Jobs

Cyberstates 2008: A Complete State-by-State Overview of the High-Technology Industry

Venture Capital Investment in Seed/Startups

2007Venture Capital

(millions)

2004R&D

funding(millions)

VC Seed + startup

investments (millions)

% of National VC

investment in seed/startups

Ratio of VC capital to

R&D Funding

Ratio of VC seed + startup

investment to CCR

California $ 12,055 $ 18,041 $ 535 45.4% 67% 12

Chesapeake Crescent Region $ 1,242 $ 18,454 $ 46 3.9% 7% 1

Massachusetts $ 3,489 $ 5,324 $ 115 9.8% 66% 9

North Carolina $ 577 $ 1,677 $ 48 4.1% 34% 11

Texas $ 1,416 $ 5,025 $ 31 2.6% 28% 2

Source: MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association

Traditional Tech Transfer

Clusters

Clusters

• UMB BioPark

• Johns Hopkins S&T Park

• FDA White Oaks Village

Identify scopeIdentify “pain”Technology needs and requirementsTest dataSuccess metrics

ScoutBroadcast needsShadow scenarioUse TechBridge to collect

FilterSecond phase screen with customerFinal four

Rapid Prototyping

Data mining and visualization

Graph database

Rapid PrototypingExamples

Innovation Platform

Chesapeake CrescentChesapeake Crescent

TechnologistsTechnologists EntrepreneursEntrepreneurs Early Stage $$Early Stage $$

Visible IP Inventory(Fed, Univ, Incu, Ind)Visible IP Inventory

(Fed, Univ, Incu, Ind)

Top 100 Research Rock Stars

Top 100 Research Rock Stars

University Fellows(Next Gen SECs)

University Fellows(Next Gen SECs)

Embedded Entrepreneurs in Residence

Embedded Entrepreneurs in Residence

Leverage Angel Clubs(CIT, TEDCO, NVP, CAN)Leverage Angel Clubs

(CIT, TEDCO, NVP, CAN)

IP Bundling and Auction Sales

IP Bundling and Auction Sales

Next Gen SECs and Serial Entrepreneurs

Next Gen SECs and Serial Entrepreneurs Independent AngelsIndependent Angels

Large Scale Initiatives

Large Scale Initiatives

Supporting Tactics: ---- Leverage existing networks, organizations and events ---- Execute a branding communications plan

------ Outreach campaigns ----- Frequent market research

Supporting Tactics: ---- Leverage existing networks, organizations and events ---- Execute a branding communications plan

------ Outreach campaigns ----- Frequent market research

Centers of Excellence & MURI’s

Centers of Excellence & MURI’s

Applied Energy Research Programs

Applied Energy Research Programs

Clusters & Mini Villages

Clusters & Mini Villages

Alumni Angel PINs(JHU, UMD, UVA, VT)

Alumni Angel PINs(JHU, UMD, UVA, VT)

X-Prize ChallengesX-Prize Challenges Chesapeake Crescent Portal

Chesapeake Crescent Portal

Tech Scouting

Tech Scouting

Client X

Informaticsdata fusiondata mining info assurancevisualizationauthentication

Advanced TechC4ISR hi-speed computingCBRNE-WMD-IEDenergy/power systemsself organizing networks

Shopping List

Technology sources

NOTE: FOR ILLUSTRATIVE PURPOSES ONLY, NOT TRUE REPRESENTATION

Incubators Federal Labs

University Labs

VC’s and Angels

Screening

MediaEmbassies Incubators

VC’s University LabsFed Labs

ESQ’sAngels

CPA’sShopping ListShopping List

•LBT

•Biometrics

•CBRNE

•UAV

Early Stage $$

Financial or Development

Status

Customer

Tech Scouting

Roger London Innovation Economy Program Director

Chesapeake Crescent410-224-2030

RLondonMD@gmail.com

Thank You