As executive director for University of Arkansas Technology Ventures, David Snow oversees the commercialization of research conducted by UA professors, students and affiliated startups. He says Technology Ventures helps identify, protect and commercialize intellectual property developed from UA research and other activities supported by the university.
Snow envisions Technology Ventures as a primary access point for the Northwest Arkansas innovation ecosystem. His group also serves external inventors and entrepreneurs to help bring products and technology to market, generating revenue as well as future research support.
In fiscal year 2019, Technology Ventures had 47 invention disclosures, a record for the university, an increase of 90 percent relative to the office’s historical average and a 52 percent increase over fiscal year 2018. In the last five years, 69 technologies have been licensed by the university. Technology Ventures also saw great success over the last year in provisional patent applications, non-provisional patent applications, patents issued and license/option agreements, Snow says.
Located on the campus of the Arkansas Research & Technology Park in Fayetteville, Technology Ventures also works to stimulate the formation of startups based on university research in a collaborative community and develop corporate partnerships aligned with UA’s intellectual assets.
The UA is recognized internationally for its research in the fields of health, nanotechnology, energy related to the environment, food science/safety and supply chain/retail/transportation.