•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.