Agenda - 03-13-2012 - 4b - Laserfiche WebLink

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20 Appendig A presents the research approach and findings on which the report is based. Appendix B lists the qualified and surveyed companies and serial entrepreneurs. Appendix C lists the experts consulted. Appendix A Purpose The purpose of this research is to analyze LTNC-CH spin-off companies and their associated technologies. The study focuses on the real esta.te needs and preferences of these companies. The goal is to help Orange County attract and retain such companies to increase the commercial portion of the tax base and spur economic development. In 2010, that portion was only 12.8%. Scope of Work The recent economic recession and Chancellor Thorp's interest in innovation have combined to make entrepreneurship increasingly important on campus. One well-established activity is housed in the Office of Technology Development (OTD). Ever since Bayh-Dole passed in 1980, universities have been exploiting their intellectual property through patents that lead to business spin-offs. iJNC-CH currently holds 503 U.S. patents including 27 filed in 2010. Most of the patents are in the broad fields of biology and chemistry which correlate to spin-off companies in the life-science industry. Since 2000, 51 companies have been launched with assistance from OTD. The majority of patents have originated in the medical school, and 34 of these companies come from the medicaUhealth side of campus. The other 17 originated in the departments of computer science (7), chemistry (5), physics (3), biology (1) and psychology (1). The comparable figures for NCSU are 738 total U.S. patents held including 139 filed in 2010 and 52 starlups since 2000. The aggregate statistics for NCSU are 81 stariups, 155 new products through commercialization agreements, $1.4 billion of funding and about 3,000 jobs in state. LJNC spin-offs from the OTD are one subset of firms. The much larger subset consists of firms started by UNC faculty, students, staff and alumni. Distinguished Professor Maryann Feldman is building the establishment-level regional data base on high-tech companies that was begun years ago by the late Emeritus Professor Bill Little: The PI was given access to this database to identify and qualify companies that were subsequently surveyed. Most of the OTD spin-offs were in this database. The enterprise-level information includes company name, status (independent, subsidiary, HQ), year established, current location and previous location if applicable, sector, technology, active or closed, and founder information. For the older companies in the database, the PI gathered information on the sequence of the locations they had occupied. 17