Feeds

Universities cash in on IP

Spin-off companies, patents, on the rise

  • alert
  • submit to reddit

The Power of One Brief: Top reasons to choose HP BladeSystem

Universities in the UK are generating more income from intellectual property, filing more patents and spinning out more companies than ever before.

The annual Higher Education Business Interaction (HEBI) survey shows that during the 2001-02 academic year, turnover of spin-off companies increased from £212m to £289m, and the number of people employed by these companies increased from 10,500 to 12,000.

In the same period, higher education establishments’ income from IP increased 83 per cent, up from £18m to £33m, and the number of new patents filed rose 8 per cent, from 896 to 967.

The University of Oxford's technology transfer office, Isis Innovations, has spun out 44 companies to date and files, on average, one patent per week. Isis is responsible for the formation of NaturalMotion, whose proprietary virtual stuntman software was used in the final Lord of the Rings film and will be seen again in April in Hollywood epic Troy.

Lord Sainsbury, said the government has made "large investments in knowledge transfer over the last few years and it is good to see it bearing fruit".

In Manchester, a company called Dmist was founded by researchers at the University of Manchester Institute of Science and Technology (UMIST). It has developed technology which can clean up live or recorded video images where the presence of fog, haze, rain or smoke has impaired the quality of the image. The technology has the potential to help a wide range of sectors including general security surveillance, traffic monitoring, defence and shipping. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
NSA man: 'Tell me about your Turkish connections'
Spooks ask Dabbsy to suggest a nice hotel with pool
Russia sends SEX-CRAZED GECKOS to SPAAAAACE!
In space... no one can hear you're green...
Carlos: Slim your working week to just three days of toil
'Midas World' vision suggests you retire later, watch more tellie and buy more stuff
Indian techies-in-training face down MAN-EATING LEOPARD - and WIN
Big cat causes big trouble at Mumbai college
Yahoo! Japan! launches! service! for! the! dead!
If you're reading this email, I am no longer alive
Plucky Rockall podule man back on (proper) dry land
Bold, barmy Brit adventurer Nick Hancock escapes North Atlantic islet
Motorist 'thought car had caught fire' as Adele track came on stereo
'FIRE' caption on dashboard prompts dunderheaded hard shoulder halt
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.