Overview of the LSU System
Creating Economic Advantage through Academic Research & New Product Development: The Louisiana State University System Strengthens Louisiana's Economy
The LSU System’s research mission has a tremendous impact on creating and sustaining the economic viability of our state. LSU System campuses expand economic opportunities in Louisiana through active research projects and the commercialization of resulting inventions. Such research successes achieved across the LSU campuses are having a positive impact on our state, our nation and the world.
LSU System Research Highlights – July 1, 2010-June 30, 2011
- Nearly $415 million spent on research and development.
- Almost 100 invention disclosures
- 51 new patent applications filed
- 33 license/option agreements executed
- 4 new companies created based upon LSU System inventions
Research is a major component of the mission of several campuses within the LSU System: LSU A&M, LSU Agricultural Center, LSUHSC-New Orleans, LSUHSC-Shreveport, and Pennington Biomedical Research Center. The University of New Orleans also was a campus in the LSU System until its transfer by law to the University of Louisiana System in December of 2011.
Each research active campus within the LSU System is responsible for enhancing its research enterprise and for establishing a program of administrative oversight and research compliance for sponsored research. Research grants are awarded to individual System campuses, and as such, the System does not have research administration activities. Each campus has a designated responsible official for the submission and administration of all research awards. The level of research expenditures on each campus, as reported annually to the National Science Foundation, is illustrated in the first table below.
Likewise, technology transfer is not a centralized System function but rather is managed on each campus at the direction of each Chancellor. However, the LSU System is actively engaged in support of technology transfer at its research-intensive campuses and consolidates annual reporting of technology transfer metrics to the Association of University Technology Managers.
Since 2005, the LSU System has developed standard template agreements to streamline the licensing process, has conducted multiple training seminars to enhance the expertise of campus staff, has implemented a comprehensive database for tracking innovations, and has represented the interests of its tech transfer community in multiple statewide planning efforts. The LSU System led the creation of a statewide technology transfer network to strengthen the ability of every Louisiana university to move inventions to the public marketplace; It also secured a first-ever statewide access license to a proprietary database portal for marketing and commercialization information.
The tables below illustrate the growing technology transfer activity on the research campuses of the LSU System. While the research expenditures declined for the first time in FY2011, the number of licenses, licensing income and start-up companies continued to increase. Over the past decade, more than 30 companies have been launched based upon inventions made by faculty at campuses in the LSU System.