Save the Date:
University Startups Conference 2010
December 1-3, Washington DC
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Visit our new "Research Commercialization and SBIR Center" for upcoming courses and webinars
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Interested in University Entrepreneurship? Visit Dave Lerner’s Blog on University Entrepreneurship
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Do you know that:
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more than three quarters of post-1995 increase in productivity
growth could be traced to science
investments [D. W. Jorgenson, M. S. Ho, K. J. Stiroh, J. Econ. Perspect.
22, 3 (2008)]
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1/3 of SBIRs reported involvement with a university including founder was a former academic, faculty were consultants, universities were subcontractors, or graduate students were employed
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20 year returns for Early/Seed VCs was 20.6%, compared to 13.8% for Later Stage VCs and
8.2% for the S&P 500
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8 percent of all university startups go public, in comparison to a "going
public rate" of only 0.07 percent for other U.S. enterprises - a 114x
difference
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over 400 university startups are created nationally each year based on
federally funded R&D, which included Google, Netscape, Genentech,
Lycos, Sun Microsystems, Silicon Graphics, and Cisco Systems
- Between 1980 and 2005, virtually all net new jobs created in the U.S. were created by firms that were 5 years old or less
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68% of university startups created between 1980 to 2000 remained in
business in 2001, while regular startups experienced a 90% failure rate
during that same time period
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