Economic Impact Data

Each year, the Office of Industry Engagement evaluates hundreds of new Georgia Tech innovations to determine their commercial potential; facilitates patent applications, sponsored research, and international research agreements; negotiates all new licensing agreements; and supports new and existing startup companies. The metrics below help to demonstrate the scope of Industry Engagement’s work within the Georgia Tech Research Corporation.

2012 Impact in the state of Georgia

  • Nearly 1/3 of Industry Engagement sponsored research agreements were with Georgia companies.
  • 50% of licenses were granted to Georgia companies.
  • 11 new startup companies were formed in Georgia in 2012.
  • Nearly 100 companies have been launched in Georgia for the period between 2002 and 2012.
  • Georgia Tech is the 3rd largest patent recipient in Georgia for the period between 2007 and 2011.

In 2012, the Office of Industry Engagement facilitated the following industry collaboration and commercialization activities:

  • Evaluated 407 new innovations to determine commercial potential
  • Executed 89 licenses and license options, bringing Industry Engagement’s total active licenses to 620
  • Facilitated formation of 12 new startups based on Georgia Tech innovations (Since 2000, Industry Engagement has helped launch over 100 Georgia Tech startups.)
  • Handled 53 Small Business Innovation Research proposals
  • Received 79 new U.S. patents
2012 2011 2010
Research expenditures $730M $641M $603M
Disclosures 407 383 407
Patents 79 78 58
Technologies transferred 142 127 85
Research contracts with industry 930 980 843
Licenses 89 83 90
Startups 12 9 12