UF ranks first among public universities in tech transfer for economic return

Gainesville, FL, USA - May 11, 2016: An entrance to the Universi
A report evaluated which U.S. universities where best at infusing technological discoveries into private industry to yield economic return.

The University of Florida (UF) ranked first among public universities and second nationwide in a new report that evaluates how effective universities bring discoveries into the economy.

The report is titled, “Research to Renewal: Advancing University Tech Transfer.” It evaluated which U.S. universities are best at moving new discoveries from the lab and into the real world through research commercialization and STEM graduates to infuse the discoveries into private industry and yield economic return.

The report was conducted by Heartland Forward, a nonpartisan, nonprofit organization focused on improving economic performance in the center of the United States through research, gatherings and policy recommendations

The metrics taken into account in the report included invention disclosures, number of licenses, licensing income, startups formed, relative number of STEM graduates and citations of university articles contained in patents granted to firms.

The report noted in their evaluation that UF has a huge student body with research enterprise. The report said its technology transfer prowess was seeded in the 1960s with its creation of Gatorade.

David Norton, UF’s vice president for research, said bringing discoveries to the private sector to impact people’s lives is a priority for the university.

“One of the most important parts of our mission as a public university is to translate our research into impact beyond the academic setting in a way that directly affects people’s daily lives,” Norton said.

“This recognition of UF as the best public university in the U.S. at translating research discoveries into technologies that create companies and economic opportunities speaks volumes to the excellence of our faculty and students, and the value of our institution to our state and nation.

A full copy of the report can be read here.

Tristan Wood

Tristan Wood graduated from the University of Florida in 2021 with a degree in Journalism. A South Florida native, he has a passion for political and accountability reporting. He previously reported for Fresh Take Florida, a news service that covers the Florida Legislature and state political stories operating out of UF’s College of Journalism and Communications. You can reach Tristan at [email protected], or on Twitter @TristanDWood


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