•63.5%* of the patents from universities are never licensed and eventually abandoned
•Corporations are similar to universities, that most of their patents are also not licensed
•Patents are created at corporations as a defensive strategy for products, whereas universities do not have any products to defend
•It makes more sense for universities to try and monetize the patents which are never commercialized
* AUTM Survey 2008-2018 using (patent expense reimbursed/ total patent expenses )
Extracting value from patent portfolio
On an average of 40% value of
technology is never monetized
which are applicable to other
divisions and other industries.
Derived from AUTM Survey Data (2008-2018). Legal expenses and legal expense reimbursement was taken as a proxy for licensing of patents.