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These are disclosures which, after evaluation, universities
and hospitals determined to contain enough novelty to represent an advance
over existing technologies and offer economic potential.
These spin-off companies are set up to: (a) license the institution’s
technology; or (b) fund research at the institution in order to develop technology
that will be licensed by the company; or (c) provide a service that was originally
offered through a department or unit of the institution.
The 39% share of patent portfolio refers here
to the portfolio of those educational institutions that licensed, assigned
or commercialized at least one patent at the end of 2008, not to the
full patent portfolio held at end of year.