UCEntrepreneursStartupsInnovation

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UCEntrepreneursStartupsInnovation

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovationviduals who generously gave time to discuss their programs, their campuses, their ideas, and the future of entrepreneurship programs at the University

of California. We are particularly indebted to Dr. Martin Kenney and Dr. Donald Patton of uc Davis, who together with their team provided valuable da UCEntrepreneursStartupsInnovation

ta on startups generated by the uc system, and to Dotti Miller in the University of California Office of the President, whose team supported the devel

UCEntrepreneursStartupsInnovation

opment of the data.Development of this report at the Bay Area Council Economic Institute was led by Sean Randolph, Senior Director, with support from

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovationrown University, assisted with the research. Pam Winter, Senior Advisor to the Institute, was the copyeditor.About the InstituteSince 1990, the Bay Ar

ea Council Economic Institute has been the leading think tank focused on the economic and policy issues facing the San Francisco/ Silicon Valley Bay A UCEntrepreneursStartupsInnovation

rea, one of the most dynamic regions in the United States and the world's leading center for technology and innovation. A valued forum for stakeholder

UCEntrepreneursStartupsInnovation

engagement and a respected source of information and fact-based analysis, the Institute is a trusted partner and adviser to both business leaders and

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovationtiveness, economic development and quality of life of the region and the state, including infrastructure, globalization, science and technology, and h

ealth policy. It is guided by a Board of Trustees drawn from influential leaders in the corporate, academic, non-profit, and government sectors. The I UCEntrepreneursStartupsInnovation

nstitute is housed at and supported by the Bay Area Council, a public policy organization that includes hundreds of the region's largest employers and

UCEntrepreneursStartupsInnovation

is committed to keeping the Bay Area the world's most competitive economy and best place to live. The Institute also supports and manages the Bay Are

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovationhe Bay Area Council Economic Institute used three separate sources to compile data on startup formation and related employment, revenue, venture capit

al, and federal awards.First, the Office of Research and Graduate Studies division of the University of California Office of the President (UCOP) prov UCEntrepreneursStartupsInnovation

ided the dataset used in its annual Technology Commercialization Report. This data dates from 1981 through June 2015 and includes all startups in STEM

UCEntrepreneursStartupsInnovation

-related fields (science, technology, engineering, and mathematics) that were formed using UC-licensed technology. Campuses report these companies to

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovationrtin Kenney at uc Davis. To be included in the database, a firm had to fulfill four criteria. The firm had to be founded by uc faculty, staff or postd

ocs, or by students within one year of graduation; it had to be de novo; it had to be technology-based; and it should have grown to more than a few em UCEntrepreneursStartupsInnovation

ployees. Finally, affirmative evidence was needed that the firm had a founder who was affiliated with the University of California.The Economic Instit

UCEntrepreneursStartupsInnovation

ute also used a third UCOP-compiled dataset on startups at UC incubators.There were many occurrences of companies appearing in more than one of the th

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovationntentsExecutive Summary...............................................iiPart One: Measuring Impacts..................................iiPart Iwo: Catal

yzing Innovation.............................iiiPart OneChapter 1Education, Innovation and the Economy............................3Chapter 2Measuring UCEntrepreneursStartupsInnovation

Startup Generation and Its Impacts.....................5Inventions and Licenses.......................................5Startups.......................

UCEntrepreneursStartupsInnovation

...............................6Economic Impacts..............................................6Part TwoChapter 3Campus Initiatives: Catalyzing Innovat

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv

UCEntrepreneursStartupsInnovation..14University of California, Berkeley...........................18University of California, San Francisco......................26uc Hastings College

of the Law...............................30National Laboratories:Lawrence Berkeley andLawrence Livermore.................31University of California,Sa UCEntrepreneursStartupsInnovation

nta Cruz ........................33

Entrepreneurs, Startups, and Innovation at the University of California42583AcknowledgmentsThe Economic Institute is deeply grateful to the many indiv