A record year for tech transfer

Posted by
On November 16, 2017

Missouri S&T set a new record for the most money generated from patent royalties on commercialized inventions and products during the fiscal year that ended June 30, with $540,396 in royalty income — more than double the amount received in 2013.

Royalties paid to inventors and authors also set a record at $187,998.

During the past year, technology transfer and economic development (TTED) staff received a record 47 invention disclosures, including five software disclosures, which is a new service TTED began providing last year. TTED filed 31 patent or copyright applications and had 14 issued patents and one registered copyright.

“Missouri S&T is ahead of our peers in terms of disclosures per million dollars of research expenditures,” says Keith Strassner, Chem’79, TTED director. S&T’s three-year average is 12.1 invention disclosures per $10 million in research expenditures. In comparison, Massachusetts Institute of Technology reports an average of 9.4 invention disclosures and Georgia Institute of Technology reports 6.2.

mm
Posted by

On November 16, 2017. Posted in Around the Puck, Fall/Winter 2017, News, Research

Contact us

Send letters to:
Darlene Ramsay
Miner Alumni Association
1100 N. Pine St.
Rolla, MO 65409-0650
Phone: 800-JO-MINER
Email: alumni@mst.edu