Columbia Technology Ventures
Science and Technology Ventures is responsible for managing the transition of Columbia's intellectual property (patents, copyrights, trademarks) from academia to industry. STV works closely with Columbia's faculty to bridge their work with the corporate world, entrepreneurs and investors. Since Columbia University is a non-profit and a teaching and research institution, a great many fantastic ideas and inventions are produced on a regular basis but the University can not as part of its mission bring this innovation to the outside world directly. Instead, STV partners with a commercial partner to adapt University technology for the benefit of society through various means, such as startup company spinoffs, inclusion of Columbia technology as important product features and more. One positive side-benefit of this includes revenue generation from intellectual property.
Columbia University is recognized by industry as one of the best sources of adaptable innovation in the country, and consistently ranks in the top three by revenues on licenses year over year for the past decade.
Richard Axel's patent is the richest patent in higher education history.
Orin Herskowitz is Chief Operating Officer for Science and Technology Ventures. [1]
