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Due to the work of Tech Launch Arizona, the University of Arizona has been rising in the ranks as one of the top 100 worldwide universities granted U.S. utility patents. In a report produced by the National Academy of Inventors and the Intellectual Property Owners Association, this year the UArizona ranked number 28 in the world, an 11-point jump from the previous year and a 38-point leap from the year prior.
In FY2021, we continued to fund the development of emerging technologies. Our Asset Development funding program provided a record setting 20 new projects with the resources teams needed to advance inventions toward readiness for licensing and market adoption.
This year we realized growth in invention disclosures, an excellent recovery from last year’s slight dip. Representing the front end of the commercialization pipeline, as this trend continues we estimate that increasing numbers of patents issued and technologies licensed will also continue to rise in subsequent years.
