As shown in Figure 4.28, IP Group maintains a portfolio of different academic partners. A total of ten different UK universities have exclusive and non-exclusive agreements in place for the transfer of technology through IP Group.
Figure 4.28: IP Group’s academic partners
Business Insights
Source: IP Group website
Case study: Fusion IP As shown in Table 4.16, independent technology transfer office Fusion IP was established in 2001 and employs 13 full time staff. 2007 technology transfer outcomes include total consolidated turnover of £351m, new funds raised of £7.8m, new investments of £3.3m, four new company spin-offs, eight new company spin-offs and one company exit. A 10-year exclusive agreement was signed with the University of Cardiff in 2006 to acquire the rights to 100% of all research-generated IP. In 2008, the 10-year exclusive IP licensing agreement with the University of Sheffield was expanded to include non-life sciences IP.
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