Feeds

Universities cash in on IP

Spin-off companies, patents, on the rise

  • alert
  • submit to reddit

Combat fraud and increase customer satisfaction

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. ®

3 Big data security analytics techniques

More from The Register

next story
Forget the beach 'n' boardwalk, check out the Santa Cruz STEVE JOBS FOUNTAIN
Reg reader snaps shot of touching tribute to Apple icon
Oz bank in comedy Heartbleed blog FAIL
Bank: 'We are now safely patched.' Customers: 'You were using OpenSSL?'
Happy 40th Playmobil: Reg looks back at small, rude world of our favourite tiny toys
Little men straddle LOHAN, attend tiny G20 Summit... ah, sweet memories...
Lego is the TOOL OF SATAN, thunders Polish priest
New minifigs like Monster Fighters are turning kids to the dark side
Dark SITH LORD 'Darth Vader' joins battle to rule, er, Ukraine
Only I can 'make an empire out of a republic' intones presidential candidate
Chinese company counters pollution by importing fresh air
Citizens line up for bags of that sweet, sweet mountain air
Google asks April Fools: Want a job? Be our 'Pokemon Master'
Mountain View is prankin' like it's 1999...
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.