![]() ![]() ![]() Unsurprisingly, Stanford University scored well on our technology transfer index and placed fifth overall, benefiting both from its strong connections to Silicon Valley and the entrepreneurial culture in key academic departments.Īs noted in the report, the modern era of university commercialization commenced when collaborative research on recombinant DNA conducted in the 1970s by Stanley Cohen at Stanford and Herbert Boyer at University of California, San Francisco, led to the birth of the biotechnology industry. Stanford University at the Heart of Silicon Valley While the Milken Institute’s annual Best-Performing Cities (BPC) index identifies the communities that are creating and sustaining jobs, our research into university technology transfer and commercialization highlights the contributions universities make to the California economy.įor the latest edition of Milken’s “Concept to Commercialization: The Best Universities for Technology Transfer” report, released in April 2017, we looked at patents issued, licenses issued and related income, and startup activity, to get a sense of which institutions were most effectively converting their research into intellectual property with market value and commercial applications. ![]() Looking at California and its economic growth in the past five years, it is clear that innovation has provided much of the fuel for its good fortune. ![]()
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