USA Perspectives & Success Stories:TTO-Science Park-Incubator

Dr. Brad ZehnerPBICA Conference

Gliwice, Poland19-21 May 2011

Agenda

Recognition of & IP Patent Protection

Creation of Research Universities

Commercialization Begins

Commercialization Accelerates

TTO Licensing

The “famous Silicon Valley garage”

•  

• Google started in Susan’s Wojcicki’s rented garage.  Today, she is one of Google’s 12 senior vice presidents.  

• Susan’s sister, Anne Wojcicki, is married to Sergey Brin, Google’s cofounder.

Successful Licensing• Patent:      #6,285,999• Inventor:  Lawrence Page• Owner:    Stanford• Stanford Licensed Google

– Exclusive term – 2001 to 2011– Non exclusive term – 2012 to 2017– Applied:   1998 - $25K / €17.5K– Granted:  2001 - $25K / €17.5K– Google enforces patent – Product liability insurance– Terms – royalty & stock

• Stanford Received:–  ~$337 million USD / €235 million– TTO - 15% – Inventor – 33%– Computer Science Department – 33%– University – 33%

• Revenue: ~$32 billion USD / €22.3 billion• Net income: ~$9 billion USD / €6.3 billion• Cash: ~$37 billion USD / €22.3 

billion• Market value: ~$172 billion USD / €120 

billion• Employees: ~26,000• Stanford grads:    ~6,000

Research Triangle Park

Successful Science Park• Founded 1959• Duke University• North Carolina State University• University of North Carolina – Chapel Hill

• Academic & industry– IBM, Cisco, Credit Suisse

• Land:  2832 hectares• Buildings: 2.09 m2

• Government incentives• 87% success rate

• 170 companies• 38,000 employees• +2.6 jobs per RTP employee• North Carolina Developing:

– Centennial Campus– Gateway University Research Park

– Charlotte Research Institute– Piedmont Triad Research Park

Austin Technology Incubator

Successful Business Incubator• 1989 founded• Dr. George Kozmetsky• Non profit - University of Texas at Austin

• Funded by:– City of Austin– Austin Energy– State of Texas

• Focus: – Clean Energy– Wireless– IT– Biosciences

• Applicants screened:– 5% admitted– 1 to 5% equity

• Since founding:– 200 companies incubated –  $750 million / €523 million investments – 4 IPOs

• Last 3 years– 50 companies– $70 million / €48 million– $300 million / €209 million investments –  75% funding success

• 100 + student interns annually• TechBA – 30  Mexican companies

Observations

Questions