AUTM, ACCT Canada, the NCIIA and PraxisUnico recently conducted a survey to develop resources to facilitate more productive commercialization of student inventions. More than 90 colleges and universities in 15 countries participated in the survey. Here are some highlights from the survey results.
72% of the survey participants were from public schools and 24% private.
26% of the schools reported 5 or fewer patentable or copyrightable student inventions occur annually, 44% reported 6 - 25, 18% reported 26 - 100, and 12% reported more than 100.
Ongoing efforts to support student entrepreneurship and/or invention on campus included a variety of programs:
Entrepreneurship classes, bootcamps or other programs 84%
Business plan competitions 72%
Incubators for student-owned companies 50%
Student entrepreneurship funding 41%
NCIIA programs 10%
72% of universities and colleges provide resources to help students learn about and navigate IP and commercialization issues.
70% have a formal policy and/or guidelines addressing ownership of student inventions.
36% have formal procedures for processing student inventions.
48% proactively inform faculty and staff about policies or guidelines relating to student ownership rights and how it could impact them.
51% proactively inform companies working with students on R&D, or involved in student education in any other way, about policies or guidelines relating to student ownership rights and how it could impact them.
Additional data and resources will be available through AUTM, ACCT Canada, NCIIA and PraxisUnico in the coming year. These resources will include:
A database of policies, guidelines and best practices.