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NCSU ranks
third nationally in measure
of tech transfer 'pipeline power'
NC State’s efforts to put its academic findings and inventions in life science to work for the people of North Carolina and the United States ranked third in the nation in 2004, making it a “patent powerhouse,” according to an examination by 1790 Analytics, an intellectual property consulting firm based in Mount Laurel, N.J.
The study was commissioned by The Scientist, a magazine covering issues and trends in the life sciences.
The study of technology transfer – the process by which academic findings are conveyed from the university to the commercial sector – examined university life science patent portfolios in 2004. 1790 Analytics measured a number of important factors that go beyond figures frequently used to judge university technology transfer success, namely the number of patents garnered by universities and the amount of licensing revenues received by universities.
Included in the study were the number of times a university’s patent is cited by other patent applications in the same field – its “impact” – and in different fields, its “general applicability.” The survey also examined the number of times the university’s patent cites inventions from fields other than its own – its “originality” – as well as the university’s growth in patent activity, which compares the year’s activity to its previous five-year average activity.
NC State had 33 life science patents in 2004, with particularly high scores in growth and impact, and higher-than-average scores in the other two factors examined by 1790 Analytics.
“This ranking confirms our faculty’s strength in bringing innovative ideas and technologies into the marketplace for the good of society,” Chancellor James L. Oblinger said. “It’s an important part of our land-grant mission, and something we take very seriously. We’ll continue to advance basic science and achieve great things in our labs.”
The study by 1790 Analytics comes on the heels of a 2003 study by MIT Technology Review which ranked NC State sixth in the nation in technology strength of its patents.
Posted July 14, 2005
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