The Association of University Technology Managers (AUTM) has released its annual Licensing Survey for 2022, revealing promising trends in technology transfer across the United States and Canada. The survey's findings underscore the significant growth in research funding, the robustness of startup companies, and the evolving landscape of licensing.
U.S. Survey Highlights
In the United States, the survey reported record-breaking research expenditures, topping $91 billion in 2022. This marks a 9.5% increase from the previous year and the highest total in the survey's 30-year history.
Startup companies also saw substantial growth, with an 8% increase in operational startups and 27% fewer going out of business compared to 2021. The commercialization of technologies developed at universities and research institutions led to 850 new products becoming available to the public, a 7% increase from the previous year.
The survey also noted a shift in licensing, with patent licenses accounting for only 51% of total licenses, and copyright licenses at 38%, indicating the growing importance of this sector.
Canadian Survey Highlights
In Canada, the survey emphasized the value of startups in ensuring that Canadian citizens benefit from technologies developed at local universities and research institutions. The number of operational startups increased by 4% in 2022, and nearly 90% were located in the home province of the institution.
Patent licenses accounted for only 42% of the total number of licenses, with copyright licenses at 49%, reflecting the growing importance of this sector in Canada as well.
Total research expenditures were up 2% for 2022 compared to 2021. Although federal funding decreased by 9%, this was offset by a 7% increase in industry funding.
Conclusion
The 2022 AUTM Licensing Survey paints an optimistic picture of the technology transfer landscape in both the United States and Canada. With record levels of research funding, a thriving startup ecosystem, and a shift in licensing practices, the survey's findings offer valuable insights for academics, industry professionals, and policymakers.
The full survey, along with infographics and access to the STATT database, is available for purchase, with different pricing options for members and non-members.
For more detailed information and to access the complete survey, visit https://autm.net/surveys-and-tools/surveys/licensing-survey/2022-licensing-survey