USF is first in Florida and 11th worldwide among universities generating new inventions
TAMPA, Fla. (June 6, 2017) – With 114 new utility patents issued in 2016, the University of South Florida ranks fifth among American public universities and 11th among universities worldwide in generating new U.S. patents, according to a new report published by the National Academy of Inventors (NAI) and Intellectual Property Owners Association (IPO). Fifth place among public universities is USF’s highest position ever in the annual rankings.
USF’s new record-setting annual patent total also ranked first among Florida universities in what is widely recognized as a measure of institutional productivity and prominence. USF has ranked in the report’s top 10 of American public universities for the past seven years and consistently ranks in the top 20 of global universities.
“This impressive ranking represents the tremendous dedication of USF faculty, staff and students working to build a powerful center of innovation and invention,” said USF System President Judy Genshaft. “Each new patent represents our commitment to research, discovery and creativity that solves global problems, expands our economy and opens new doors of opportunity for others.”
The ranking is the latest marker of success for USF’s efforts to translate academic research into new technologies, medicines and products. USF’s technology transfer effort provides faculty members with institutional support to patent and license their technologies; credit in the tenure process for inventions; and guidance and early-stage funding in creating their own startup companies.