TechLink--University of Montana, Bozeman; and Business Research Division, Leeds School of Business, University of Colorado have released an impressive report, National Economic Impacts of DoD Licensing Agreements with U.S. Industry (Report), concerning U.S. Department of Defense (DoD) licensing. TechLink serves as a tech transfer partnership arm of the DoD. The Report is particularly impressive because of the response rate of surveyed DoD licensees—apparently 95% out of 915 companies with over a 1,000 agreements, and covers the years 2000 to 2017. Some of the important findings from the Report, include:
Interestingly, about 43% of the over 1,000 agreements resulted in sales in new products and services. Fifty-three percent had no sales. The difference in statistics is because some where designated “unknown” and 1% generated sales only outside the United States. One license agreement resulted in $16.1 billion in sales (Wow). That agreement concerned an antibody:
Sales to the U.S. Military were about 42% of the total sales when Synagis sales are excluded.
Another fascinating statistic is that 82% of the licenses generating sales were to entities that would be characterized as small businesses by the Small Business Administration (basically less than 500 employees). And, 47% of the 82% are companies with nine or fewer employees.
Additional economic impact also included: