Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

U-M Technology Transfer Office executive director Ken Nisbet (center), Michigan Venture Center director Jim O'Connell and Tech Transfer licensing director Robin Rasor stand outside the new Venture Accelerator at the former Pfizer site.

The University of Michigan struck 101 technology licensing deals with businesses and startup companies during its 2010-11 fiscal year, reflecting the most active year for deals in the Technology Transfer Office's history.

That was up from 2009-10, when the university signed 97 technology deals — then tied for its all-time high.

The Tech Transfer Office — which is responsible for commercializing intellectual property created by U-M faculty members — also spawned 11 startup companies in 2010-11. That was up from 10 in 2009-10 and eight in 2008-09. The office has created 104 startups over the last 11 years.

To read the full, original article click on this link: University of Michigan reports all-time high mark for technology deals

Author:Nathan Bomey