One of the ultimate goals of academic innovation is the commercialization of the discovery. In FY21, TTUHSC had 103 invention disclosures, and the license revenue was $564,450. The numbers are lower compared with those in FY19 (118 disclosures and & $1,173,017 license revenue) or FY20 (112 disclosures and $910,984). This strategy promotes innovation in research by enhancing the infrastructure for research commercialization, especially improving the utilization of the innovation HUB.
FY22 data pending.
There are three initiatives for the strategy:
- Appointing a new Associate VP for Research Innovation
- Increasing the presence of our researchers at HUB meetings and events
- Promoting the enhancement of infrastructure at HUB