Last modified: Wednesday, March 26, 2003
ARTI reports year of growth, progress
Patent applications, invention disclosures and licensing activity all showed significant increases in 2002, according to the annual report issued by Indiana University's Advanced Research and Technology Institute (ARTI).
"The results achieved in 2002 are indicative of the progress Indiana University is making in technology transfer and business development. We expect to continue the momentum gained in 2002 for years to come," said ARTI President Mark S. Long.
A record number of patent applications and patents were issued in fiscal 2002. Fifty U.S. applications and 44 foreign applications were made. Thirty-five patents were issued, including 27 U.S. and eight foreign patents. In fiscal 2001, 79 patent applications were filed and 29 patents were issued.
"The increase in patent activity provides avenues for increased research funding opportunities," Long said. "Indiana University is gaining recognition as a major research institution, and patent activity is one way of monitoring research activity. The transfer of the research performed at Indiana University provides a significant contribution to public health and welfare around the world."
Eighty-one new invention disclosures were presented to ARTI during fiscal 2002, up from 57 the previous year. Those disclosures are evaluated for patent potential and industrial partners.
Increased focus by ARTI's technology transfer staff on meeting with industry and internal partners is creating more awareness of technology transfer opportunities. That resulted in 42 new licensing opportunities between the Indianapolis and Bloomington campuses, many in the information technology field. Long said a campaign to seek licensing and trademark vendors will continue.
The complete annual report is online at http://arti.iu.edu.
ARTI is a nonprofit corporation established in 1996 by Indiana University to promote technology transfer, assist with the formation of new businesses and maintain equity in them, protect and administer IU trademarks, and further the educational mission of the university.