TAMPA, Fla., Dec. 16, 2013 /PRNewswire-USNewswire/ -- The National Academy of Inventors (NAI) and the Intellectual Property Owners Association (IPO) today announced the Top 100 Worldwide Universities granted U.S. patents in 2012. The list, based on data obtained from the U.S. Patent and Trademark Office, recognizes the important role patents play in university research.
The NAI and IPO compiled the list by calculating the number of utility patents granted by the U.S. Patent and Trademark Office during 2012 which list a university as the first assignee on the printed patent.
The IPO also publishes the annual Top 300 Patent Owners list of organizations that received the most U.S. utility patents during the year. It has been published by the IPO for 30 consecutive years.
"We are pleased to release this list of the top innovation universities in the world in conjunction with the IPO," said Paul R. Sanberg, president of the NAI. "Innovation based on university technology has proven to be a key factor in worldwide industrial and economic development. In the 21st century, the support, encouragement and development of technology and innovation are fundamental to the success of a university."
Since the enactment in 1980 of the U.S. legislation known as the Bayh-Dole Act, which permits a university to elect to pursue ownership of an invention, the number of patents held by universities in the United States has increased. This, Sanberg says, has led to more licensing income and royalties for inventors, better funding opportunities as a result of wider research collaborations, and an increasingly entrepreneurial academic culture.
"Patents encourage innovation and can promote industrial research funding and commercialization by providing corporations the incentive to invest in university research projects," said IPO Executive Director Herbert C. Wamsley. "The commercialization of these innovations transfers cutting-edge research to the commercial marketplace, generating revenue and diversifying the economy."
"University inventors are the discoverers and creators of new solutions to existing problems, and, as such, are key contributors to the advancement of technology," said Sanberg. "Protection of this intellectual property, through the patenting process, underpins the creation of new industries and employment."
View the full list of Top 100 Worldwide Universities Granted Patents in 2012 here: http://www.academyofinventors.com/pdf/NAI-IPO-Top-100-Universities-2012.pdf
About the National Academy of Inventors
The National Academy of Inventors® is a 501(c)(3) non-profit member organization comprised of U.S. and international universities, and governmental and non-profit research institutions, with over 3,000 individual inventor members and Fellows spanning more than 200 institutions, and growing rapidly. It was founded in 2010 to recognize and encourage inventors with patents issued from the U.S. Patent and Trademark Office, enhance the visibility of academic technology and innovation, encourage the disclosure of intellectual property, educate and mentor innovative students, and translate the inventions of its members to benefit society. The NAI headquarters are located in the University of South Florida Research Park in Tampa. Fla. The NAI edits the multidisciplinary journal, Technology and Innovation – Proceedings of the National Academy of Inventors, published by Cognizant Communication Corporation (NY). www.academyofinventors.org
About the IPO
Intellectual Property Owners Association (IPO), established in 1972, is a trade association for owners of patents, trademarks, copyrights and trade secrets. IPO is the only association in the U.S. that serves all intellectual property owners in all industries and all fields of technology. IPO advocates for effective and affordable IP ownership rights and provides a wide array of services to members, including: supporting member interests relating to legislative and international issues; analyzing current IP issues; information and educational services; and disseminating information to the general public on the importance of intellectual property rights. www.ipo.org
The information provided in this list is based on data obtained from the U.S. Patent and Trademark Office. Patents reported are utility patents granted during the 2012 calendar year. When a patent is assigned to one or more entities, credit is given to the first named entity. For inquiries or if you have a research foundation that should be combined with your university assignment in the future, contact: email@example.com
Media Contact: April Turley
National Academy of Inventors
SOURCE National Academy of Inventors