Comparing the most recent five-year period (FY16-20) to the previous five-year period (FY11-15) shows:
- A 22% increase in invention disclosures.
- A 26% increase in new patent applications.
- A 66% increase in issued U.S. patents.
- A 58% increase in revenue from technologies licensed.
In addition, during the past two most recent fiscal years (FY2019 and FY2020), UNC-Chapel Hill students, faculty and staff have created 14 new startup companies based on intellectual property, raising the total of IP-based startups launched by Carolina founders to 135 and the number of total Carolina-affiliated startups overall to 731 ventures. The startups data is based on Innovate Carolina’s Startups Impact Database, which tracks the activity and economic impact of the University’s startups tracing back to 1958.
“Through their curiosity, inventiveness and perseverance, Carolina innovators are bringing an increasing number of discoveries that are based on intellectual property and developed in the University’s labs into the commercial market, where they advance the public good,” said Judith Cone, vice chancellor for innovation, entrepreneurship and economic development at UNC-Chapel Hill. “By turning their ideas and research into technologies and ventures that generate new jobs and revenue for North Carolina citizens and people around the world, our inventors make a significant economic impact, which is particularly critical during the challenging pandemic period. Many of these technologies and ventures emerge from the University’s expertise in life sciences and become new devices, diagnostics, treatments and cures that help people live longer, healthier and more productive lives.”
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October 07, 2020 at 09:17PM
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Carolina moves more research discoveries and inventions to market for commercial impact - UNC Chapell Hill
"impact" - Google News
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