Commercialization: Patents
The Penn State Intellectual Property Office manages all intellectual property developed at Penn State, assessing the commercial potential of approximately 200 University inventions per year, formulating and implementing patent and marketing strategies, and negotiating license agreements. Penn State continues to accept equity positions in start-up companies through license agreements. Since 1999, Penn State has executed a total of 29 equity-based licenses.
2005
Invention Disclosures 167
U. S. Patent Applications 157
Issued Patents 46
Revenues $3.3 million
Cumulative Equity Held 29
NOTE: The figures above are for the calendar year, January-December 2005. Not included in revenue is the equity Penn State holds in start-up and established companies.
To learn more about the Penn State Intellectual Property Office - www.research.psu.edu/ipo
To view a list of Penn State patents - www.research.psu.edu/ipo/patents/electronic.html
US Patent Office search patents and trademarks