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About
MIHR
PIPRA
Fiocruz, Brazil
bioDevelopments- Institute
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FELDMAN, Maryann P
Maryann P. Feldman is the inaugural Zell Miller Distinguished Professor of Higher Education at the Institute of Higher Education of The University of Georgia. Previously, she was Professor of Business Economics at the University of Toronto, where she also held the Jeffrey S. Skoll Chair in Technical Innovation and Entrepreneurship at the Rotman School of Management. Dr. Feldman’s work focuses on the ways in which universities transfer technology and the implications of those transfers for economic development. She explores the means by which geographic clusters produce economic growth and has special expertise in university-generated technologies and the commercialization of academic research. Prior to her appointment at Toronto, Dr. Feldman was at Johns Hopkins University, where she was a faculty member at the Institute for Policy Studies. At Johns Hopkins, Dr. Feldman was the founding policy director at the Information Security Institute (JHUISI) at the Whiting School of Engineering. Her most recent book, co-edited with P. Braunerhjelm, is Cluster Genesis: the Origins and Emergence of Technology-Based Economic Development (Oxford: Oxford University Press, 2006).
Abstract
Lessons from the Commercialization of the Cohen-Boyer Patents: The Stanford University Licensing Program
Abstract:
The Cohen-Boyer licensing program, by any variety of metrics, was widely successful. Recombinant DNA (rDNA) products provided a new technology platform for a range of industries, resulting in over US$35 billion in sales for an estimated 2,442 new products. Over the duration of the life of the patents (they expired in December 1997), the technology was licensed to 468 companies, many of them fledgling biotech companies who used the licenses to establish their legitimacy. Over the 25 years of the licensing program, Stanford and the University of California system accrued US$255 million in licensing revenues (to the end of 2001), much of which was subsequently invested in research and research infrastructure. In many ways, Stanford’s management of the Cohen-Boyer patents has become the gold standard for university technology licensing. Stanford made pragmatic decisions and was flexible, adapting its licensing strategies as circumstances changed.
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