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UH Moment: UH is Top Ranked for Intellectual Property
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The University of Houston is ranked number one when it comes to public universities that do not have a medical school in terms of royalty returns. The University earns royalty for its role in taking faculty intellectual property (IP) to the marketplace through technology transfer and commercialization. UH has made big strides in building its IP revenue in recent years. In fiscal year 2008, UH reported $1.1 million in licensing income to the Association of University Technology Managers (AUTM). In FY2013, revenue grew to $16.6 million. Revenue is reinvested into the overall research effort of the University or the entrepreneurial ecosystem the University has created to help propel more inventions to the marketplace. For example, the revenue supports the development of prototypes and provides early stage funding to UH inventors and startups.