Nanotechnology Now

Our NanoNews Digest Sponsors
Heifer International



Home > Press > A reputation for innovation

Abstract:
A good university uses its intellectual and innovative strengths the betterment of the institution. A great university uses these assets for the betterment of us all.

According to its 2008 annual report, Louisiana Tech University's Office of Intellectual Property and Commercialization shows that the institution continues to outpace the national average in several measures of innovation productivity and delivering new ideas to the marketplace.

A reputation for innovation

Ruston, LA | Posted on September 9th, 2008

"We cannot help but be amazed at the discoveries of our faculty this past year and the breadth of their inventions," says Dr. Richard Kordal, director of the Office of Intellectual Property and Commercialization (OIPC). "These inventions span a wide range of scientific disciplines from nanotechnology to biomedical engineering."

Tech had a total of 27 Reports of Invention (ROI) this past year disclosed to the OIPC. This averages out to about 20 ROIs per $10 million R&D expenditures, which is approximately five times the national average.

Six new patents were issued to Louisiana Tech this past year, giving the university a total of 25. Of the newly issued patents, three of them have already been licensed to companies.

Louisiana Tech also filed a total of 18 new patent applications. One of these patent applications covered a new device, invented by Dr. Ville Kajaakari, that is placed in a shoe and that can harvest the power from walking motion to recharge batteries or other electronic devices.

Another application covered a method, invented by Drs. Henry Cardenas and Kelly Crittenden, for strengthening bone and/or repairing bone fractures more effectively.

Tech has signed nine new licenses/options during the past year (5 licenses and 4 options) giving a percentage of licenses/option executed to ROIs received of 33%. In just the past five years, Louisiana Tech's license/options activity has more than quadrupled.

"Louisiana Tech faculty are also engaging in entrepreneurship," explains Kordal. "By doing so they are both helping to commercialize their technology and stimulate the local economy."

In the past year, two new Louisiana-based start-up companies were formed based on technology licensed from Louisiana Tech. Both of these companies have opened offices in Tech's business incubator. With these new additions, Louisiana Tech's two business incubators are at full capacity.

However, among all of these achievements and accomplishments, Louisiana Tech is most pleased to see that some of its previously licensed technologies are now reaching the marketplace and are beginning to benefit the public.

"AdmitOne Security, formerly BioPassword, recently launched a software product based on Dr. Vir Phoha's technology that helps prevent the fraudulent use of digital identities," says Kordal.

"As we look toward the future, we are excited about the prospect of additional Louisiana Tech-based products being launched into the marketplace and the positive impact they will make on our society."

The inventions at Louisiana Tech are capturing the attention of entrepreneurs, established companies and other potential partners and collaborators from around the nation.

"This is just another of a long line of examples of how Louisiana Tech has gained a strong reputation for innovation within the business community," states Kordal. "There are many programs and departments here at Tech are regarded as highly valuable assets within the community."

####

For more information, please click here

Contacts:
Dave Guerin

318-257-4854

Copyright © Louisiana Tech 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

Virginia Tech physicists propose path to faster, more flexible robots: Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Academic/Education

Rice University launches Rice Synthetic Biology Institute to improve lives January 12th, 2024

Multi-institution, $4.6 million NSF grant to fund nanotechnology training September 9th, 2022

National Space Society Helps Fund Expanding Frontierís 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

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers/Posters

International research team uses wavefunction matching to solve quantum many-body problems: New approach makes calculations with realistic interactions possible May 17th, 2024

Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024

Shedding light on perovskite hydrides using a new deposition technique: Researchers develop a methodology to grow single-crystal perovskite hydrides, enabling accurate hydride conductivity measurements May 17th, 2024

Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024

Patents/IP/Tech Transfer/Licensing

Getting drugs across the blood-brain barrier using nanoparticles March 3rd, 2023

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

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