Ohio State University’s licensing income from licensing research and staff innovations reached a new record of $8.8 million in 2019, even without the benefit of a one-time stock sale the prior year.
Kevin Taylor, the university’s new commercialization chief, echoed his predecessors in saying that’s not the number he’s focused on – because if he does his job right, the dollars will take care of themselves. Instead Ohio State focuses on leading indicators like the rise in the number of active spinoffs and a steady stream of more than 400 inventions annually that staff and researchers bring forward to begin the process of protecting the intellectual property.
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Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
Originally published September 10, 2019.