USF Ranks 15th in the World in New U.S. Patents
Special to USF News
TAMPA, Fla. (Dec. 18, 2013) – The University of South Florida ranks 15th worldwide among universities producing new U.S. patents, according to a new study from the National Academy of Inventors and the Intellectual Property Owners Association. The organizations ranking of the the top 100 worldwide universities granted U.S. patents in 2012 was based on data obtained from the U.S. Patent and Trademark Office and recognizes the important role patents play in university research and economic development.
The NAI and IPO compiled the list by calculating the number of utility patents granted by the U.S. Patent and Trademark Office during 2012 which list a university as the first assignee on the printed patent.
The IPO also publishes the annual Top 300 Patent Owners list of organizations that received the most U.S. utility patents during the year. It has been published by the IPO for 30 consecutive years.
With 79 patents in 2012, USF ranks 15th among the world universities in generating new inventions.Other Florida universities also made a strong showing in the Top 25. The University of Central Florida received 72 patents and ranked 21st; and the University of Florida received 70 patents and ranked 22nd, according to the report.
“We are pleased to release this list of the top innovation universities in the world in conjunction with the IPO,” said Paul R. Sanberg, president of the NAI and USF's Senior Vice President for Research & Innovation. “Innovation based on university technology has proven to be a key factor in worldwide industrial and economic development. In the 21st century, the support, encouragement and development of technology and innovation are fundamental to the success of a university.”
Since the enactment in 1980 of the
U.S. legislation known as the Bayh-Dole Act, which permits a university to
elect to pursue ownership of an invention, the number of patents held by
universities in the United States has increased. This, Sanberg says, has led to
more licensing income and royalties for inventors, better funding opportunities
as a result of wider research collaborations, and an increasingly
entrepreneurial academic culture.
encourage innovation and can promote industrial research funding and
commercialization by providing corporations the incentive to invest in
university research projects,” said IPO Executive Director Herbert C. Wamsley. “The
commercialization of these innovations transfers cutting-edge research to the
commercial marketplace, generating revenue and diversifying the economy.”
“University inventors are the discoverers and creators of new solutions to existing problems, and, as such, are key contributors to the advancement of technology,” Sanberg said. “Protection of this intellectual property, through the patenting process, underpins the creation of new industries and employment.”
View the full list of Top 100 Worldwide Universities Granted Patents in 2012 here: http://www.academyofinventors.com/pdf/NAI-IPO-Top-100-Universities-2012.pdf.
About the National Academy of Inventors
The National Academy of Inventors® is a 501(c)(3) non-profit member organization comprised of U.S. and international universities, and governmental and non-profit research institutions, with over 3,000 individual inventor members and Fellows spanning more than 200 institutions, and growing rapidly. It was founded in 2010 to recognize and encourage inventors with patents issued from the U.S. Patent and Trademark Office, enhance the visibility of academic technology and innovation, encourage the disclosure of intellectual property, educate and mentor innovative students, and translate the inventions of its members to benefit society. The NAI headquarters are located in the University of South Florida Research Park in Tampa. Fla. The NAI edits the multidisciplinary journal, Technology and Innovation – Proceedings of the National Academy of Inventors, published by Cognizant Communication Corporation (NY). www.academyofinventors.org
About the IPO
Intellectual Property Owners Association (IPO), established in 1972, is a trade association for owners of patents, trademarks, copyrights and trade secrets. IPO is the only association in the U.S. that serves all intellectual property owners in all industries and all fields of technology. IPO advocates for effective and affordable IP ownership rights and provides a wide array of services to members, including: supporting member interests relating to legislative and international issues; analyzing current IP issues; information and educational services; and disseminating information to the general public on the importance of intellectual property rights. www.ipo.org