About

Mission Statement: To serve Purdue University through the commercialization of its intellectual property.

Purdue Research Foundation's Office of Technology Commercialization (OTC) operates one of the most comprehensive technology transfer programs among leading research universities in the United States. Services provided by this office support the economic development initiatives of Purdue University and benefit the University's academic activities.

Purdue's intellectual property is an asset we strive hard to protect, market and license. We work hand-in-hand with Purdue faculty-, staff- and student-entrepreneurs to provide the resources needed to better understand Purdue policies related to intellectual property and the processes whereby this intellectual property (patents, copyright, trademarks and tangible research property) can become an actual product or service. To ensure the long-term success of the innovations, we take the process one step further — at times — and help our inventors form startup companies complete with investor support and qualified management teams.

Annual report
In fiscal year 2017, Purdue Research Foundation's Office of Technology Commercialization reported 361 invention disclosures, 135 deals finalized with 222 technologies signed, 175 issued U.S. and global patents, 497 global patent applications filed, and royalty income (AUTM definition) at $5.13 million. The foundation also reported the creation of 21 startup companies in FY2017 founded on Purdue University innovations.

Awards
The Office of Technology Commercialization received the 2016 Innovation and Economic Prosperity Universities Award for Innovation from the Association of Public and Land-grant Universities and ranked No.1 in the Midwest, No.1 nationally for public institutions without a medical school and 12th overall as a top performer for technology transfer and startup creation by the Milken Institute in 2017.

Kurz Purdue Technology Center, 1281 Win Hentschel Blvd., West Lafayette, IN 47906, (765) 588-3470

© 2016 Purdue Research Foundation | Maintained by Purdue Research Foundation

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