Saudi Gazette report
DHAHRAN – King Fahd University of Petroleum and Minerals (KFUPM) ranked fourth in the world’s top 100 universities with utility patents in the United States in 2018.
The annual ranking was carried out by the American National Academy of Inventors (NAI) and the Intellectual Property Owners Association (IPO) in terms of the number of patents filed in the United States for the year 2017.
NAI and IPO have announced their seventh annual University Patent Trends Report, based on data from the United States Patent and Trademark Office (USPTO), and the report highlights the vital role patents play in research and university innovation.
The report, published annually since 2013, ranks the top 100 universities named as the top assignee of utility patents granted by the USPTO in calendar year 2018.
âThe patents produced by our universities represent important processes and collaborations that have the potential to have a significant impact on society on a local, regional, national and global scale,â said Paul R. Sanberg, President of the NAI .
âWe are honored to partner with the IPO to recognize top academic patent holders through this report for the seventh year in a row. “
KFUPM comes next to three American universities, which pocketed the top three ranks. These are the University of California, Massachusetts Institute of Technology, and Stanford University system.
The National Academy of Inventors is a member organization comprising US and international universities, government and nonprofit research institutes, and federal agencies with over 4,000 individual inventor and fellowship members spanning over 250 institutions.
It was founded in 2010 to recognize and encourage inventors who hold patents issued by the United States Patent and Trademark Office. IPO, established in 1972, is a trade association for owners of patents, trademarks, copyrights and trade secrets. IPO is the only association in the United States that serves all intellectual property owners in all industries and all areas of technology.
Welcoming this remarkable achievement, Dr Sahl Abdul Jawad, President of KFUPM, said the university has taken a giant leap in innovation.
âHaving only five patents in 2005, the university’s rankings have skyrocketed to become among the top four universities in the world by number of patents in 2018. This is the result of building a system of integrated innovation that focuses on the quality of research. process and link it to a roadmap for the production of university-designed technologies, and a close link between research and graduate activities and patent disclosures, âhe said.
He noted that the programs developed by the university to support and stimulate innovation; the creation of a leading office for the registration of intellectual property; the commercialization and transfer of technology following the best model of American universities, and the establishment of the Dhahran Technology Park as the world’s largest conglomerate of oil and gas research centers, had also helped mark this achievement.
Abdul Jawad said the university had started to feature in the lists of top patent producers since 2011, when it was ranked 55th in the world, and has continued to climb, reaching 13th in 2015 and 7th in 2017.
“The achievement is the result of the strategic methodology and future vision developed by the university to meet the challenges of modern civilization, and meet the demands of social and economic development, and provide a fertile environment for creativity and innovation, which is a major objective of Vision 2030, âhe added.
Dr Nasser Al-Aqili, vice president of applied studies and research at the university, said the success of the university did not stop with the registration of patents, but that it was important to them. lay off and market them to help support the national economy. through industrial or commercial entities working to transform the university’s innovations into technical products that support the national economy.
âThe university has licensed a number of innovations and connected to global markets through alliances with international bodies and there are a number of local and international startups based on the patent base of the university, âhe added.