Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > Growth in licensing and industry funding spurs research at Oregon State University

Architect's rendering of a coastal research vessel.Drawing courtesy of Oregon State University
Architect's rendering of a coastal research vessel.

Drawing courtesy of Oregon State University

Abstract:
Oregon State University recorded its best year ever in technology licensing - nearly triple what it earned just five years ago - during the last fiscal year, which ended June 30. Combined with continued growth in funding from private industry, the increase cushioned a nearly 13 percent decline in federal funding stemming largely from budget cuts known as sequestration.

Growth in licensing and industry funding spurs research at Oregon State University

Corvallis, OR | Posted on September 7th, 2013

Oregon State research grants and contracts totaled almost $263 million last year, just shy of its fiscal year 2009 level. Meanwhile, OSU received a record $7.7 million in licensing and royalty income. Private sector financing reached nearly $36 million, a 65 percent increase over the past five years.

"Licenses are a measure of how effective we are in helping industry turn research into marketable products," said Rick Spinrad, vice president for research at Oregon State. "Companies in the electronics, chemical processing and natural resources industries are looking to OSU for innovations to help them compete."

"By licensing the results of our research, they are increasing their value in the marketplace and creating jobs in Oregon," Spinrad added.

In the last year, OSU signed 88 new licenses with organizations in the fields of information technology, agriculture, industrial materials, biotechnology, forest products, healthy aging and manufacturing.

Oregon State's statewide role in stimulating economic development stems from research and begins when scientists file notices known as invention disclosures with the university's Research Office. In 2013, they filed more such notices, 80, than ever before.

It was also a record year for new start-up companies to license OSU technology. Among them were: CSD Nano of Corvallis, which sells a high-performance, anti-reflective coating to increase the performance of solar cells; OilEx Tech of Monmouth, producer of a microwave oil extraction device; NW Medical Isotopes of Corvallis, which offers a domestic option for production of a medically critical isotope, molybdenum-99; and Online Labs of Corvallis, which provides a virtual online chemistry laboratory experience for high school and college students.

The federal government provided more than 58 percent of Oregon State's research grants and contracts from all sources in FY13, compared to almost 63 percent in FY12. Among the university's largest federal grants in FY13 were:
• Nearly $4.7 million from the U.S. Department of Energy for ocean wave energy research at the Northwest National Marine Renewable Energy Center;
• A $3.8 million grant from the U.S. Department of Agriculture to study and avoid threats from wildfire, drought and disease to western forests;
• A $3.7 million grant from the U.S. Agency for International Development for a worldwide program of aquaculture and fisheries research;
• Nearly $3 million from the National Science Foundation for design and coordination of construction for up to three new coastal research vessels to bolster the nation's marine science capabilities;
• A $2 million grant from the National Science Foundation for investigation of a diatom-based biorefinery.

Funding from state and local governments grew 46 percent in fiscal year 2013 to a total of $7.8 million. Revenue from industrial testing services grew by 25 percent to $11.8 million.

With more than $53 million in grants and contracts, the OSU College of Agricultural Sciences brought in OSU's largest share of research funding, followed by the College of Earth, Ocean, and Atmospheric Sciences ($40 million) and the College of Engineering ($30 million).

####

About Oregon State University
OSU is one of only two U.S. universities designated a land-, sea-, space- and sun-grant institution. OSU is also Oregon’s only university to hold both the Carnegie Foundation’s top designation for research institutions and its prestigious Community Engagement classification. OSU programs touch every county within Oregon, and its faculty teach and conduct research on issues of national and global importance.

For more information, please click here

Contacts:
Nick Houtman

541-737-0783

Source:
Rick Spinrad
vice president for research

541-737-0664

Copyright © Oregon State University

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

New technology helps reveal inner workings of human genome June 24th, 2022

Advances in lithium niobate photonics: High performance integrated LN-based photonic devices have developed rapidly in recent years, and many different structures have been demonstrated for various application scenarios—are we about to enter a new era of LN photonics? June 24th, 2022

Advances in lithium niobate photonics: High performance integrated LN-based photonic devices have developed rapidly in recent years, and many different structures have been demonstrated for various application scenarios—are we about to enter a new era of LN photonics? June 24th, 2022

Boron nitride nanotube fibers get real: Rice lab creates first heat-tolerant, stable fibers from wet-spinning process June 24th, 2022

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021 May 11th, 2021

180 Degree Capital Corp. Issues Second Open Letter to the Board and Shareholders of Enzo Biochem, Inc. March 26th, 2021

180 Degree Capital Corp. Reports +6.7% Growth in Q4 2020, $9.28 Net Asset Value per Share as of December 31, 2020, and Developments from Q1 2021 Including Expected Investment in a Planned SPAC Sponsor February 22nd, 2021

180 Degree Capital Corp. to Report Fourth Quarter 2020 Financial Results on Monday, February 22, 2021 and to Host a Conference Call on Tuesday, February 23, 2021 February 19th, 2021

Govt.-Legislation/Regulation/Funding/Policy

Solving the solar energy storage problem with rechargeable batteries that can convert and store energy at once June 24th, 2022

Boron nitride nanotube fibers get real: Rice lab creates first heat-tolerant, stable fibers from wet-spinning process June 24th, 2022

UBCO researchers change the game when it comes to activity tracking: Flexible, highly sensitive motion device created by extrusion printing June 17th, 2022

University of Illinois Chicago joins Brookhaven Lab's Quantum Center June 10th, 2022

Academic/Education

National Space Society Helps Fund Expanding Frontier’s Brownsville Summer Entrepreneur Academy: National Space Society and Club for the Future to Support Youth Development Program in South Texas June 24th, 2022

How a physicist aims to reduce the noise in quantum computing: NAU assistant professor Ryan Behunin received an NSF CAREER grant to study how to reduce the noise produced in the process of quantum computing, which will make it better and more practical April 1st, 2022

Lifeboat Foundation Guardian Winner Jeff Bezos Donates One Million to Lifeboat Foundation Dream Project Winner Teachers in Space July 30th, 2021

NSF renews Rice-based NEWT Center for water treatment: Partnership primed to introduce game-changing technologies to address global needs October 15th, 2020

Announcements

New technology helps reveal inner workings of human genome June 24th, 2022

Advances in lithium niobate photonics: High performance integrated LN-based photonic devices have developed rapidly in recent years, and many different structures have been demonstrated for various application scenarios—are we about to enter a new era of LN photonics? June 24th, 2022

Advances in lithium niobate photonics: High performance integrated LN-based photonic devices have developed rapidly in recent years, and many different structures have been demonstrated for various application scenarios—are we about to enter a new era of LN photonics? June 24th, 2022

Boron nitride nanotube fibers get real: Rice lab creates first heat-tolerant, stable fibers from wet-spinning process June 24th, 2022

Patents/IP/Tech Transfer/Licensing

Study finds nanomedicine targeting lymph nodes key to triple negative breast cancer treatment: In mice, nanomedicine can remodel the immune microenvironment in lymph node and tumor tissue for long-term remission and lung tumor elimination in this form of metastasized breast cance May 13th, 2022

Metasurfaces control polarized light at will: New research unlocks the hidden potential of metasurfaces August 13th, 2021

Arrowhead Pharmaceuticals Announces Closing of Agreement with Takeda November 27th, 2020

HORIBA Medical and CEA-Leti Strengthen Their Partnership to Develop Tomorrow’s Diagnostics at the Point of Care July 21st, 2020

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project