Enterprising Activity Scorecard 2017-18

Metric2014-152015-161016-172017-18
Research income        
Research income (£ million) (1) 436 351 361 364
Commercial research income (£ million) (2) 55.7 53.6 61.1 61.4
Inventive output        
Inventions disclosed (3) 296 310 332 376
Patent applications filed (4) 66 73 68 77
Patents issued 47 59 49 47
Active inventions in portfolio (5) 1007 1021 1009 1026
Patent portfolio (6) 394 404 405 435
Licensing performance        
New licences signed (7) 39 39 46 43
Invention disclosures licensed 60 48 86 63
Active licenses held (8) 193 202 205 198
Licences generating income in the period (9) 74 70 64 71
Royalties and fees income generated in the period (£ million) 2.8 2.1 3.0 1.9
Startup formation        
IP startups formed 8 6 9 10
Student-based startups formed 18 16 23 41
Incubation performance        
Startups housed by university incubators 18 13 9 19
Startups graduated from an incubator 2 4 10 1
Active incubator graduate companies 17 21 31 29
Startup investment        
Venture capital acquired by IP startups (£ million) 363 114 123 88
Capital acquired by student-based startups (£ million) 5.0 9.7 5.1 17.6
Startup performance        
IP startups still active 74 70 76 79
Income from sale of shares in IP startups (£ million) 1.9 1.6 6.6 1.6
Current turnover of all active IP startups (£ million) 33.6 48.2 80.2 147.3
Jobs supported directly by IP startups 814 1002 974 1273
Student startups still active (10) 29 44 66 122
Current turnover of student startups (£ million) 1.4 2.8 1.2 2.1
New full-time jobs created by student startups (10) 89 51 40 64
Consultancy and technical services (11)        
Number of projects 549 522 543 550
Consultancy Income (£ million) 9.7 9.3 8.5 9.0
Number of companies supported 408 414 412 405
Number of lead consultants 287 289 284 287
Ratios        
Invention disclosures per £100 million of research income 68 88 92 103
Patents filed per £100 million research income 15 21 19 22
Patents issued per £100 million research income 11 17 14 13
Licensing and realisation income : research income 1.1% 1.1% 2.7% 1.0%
IP startups per £100 million research income 1.8 1.7 2.5 2.7
Student startups / student population (full-time and part-time) 0.11% 0.09% 0.18% 0.22%
Summary of the table's contents
Footnotes:
  1. Total income from research grants and contracts. Years 2015–2017 have been presented under FRS102. All prior years are reported under UK GAAP. Source College Annual Report 2016–17. Preliminary figure given for 2017–18.
  2. Figure shown for 2017–18 is preliminary.
  3. Staff inventions.
  4. Priority patent applications (does not include any PCT filings).
  5. Invention disclosure portfolio (not patent portfolio).
  6. Count of invention disclosures with patents. 2016–17 figure corrected from 429 stated in 2016–17 Scorecard.
  7. The numbers represent the overall College-related IP commercial agreements as formally reported by Imperial Innovations (which includes options, revenue shares, IP assignments and licences).
  8. Absolute active licences only.
  9. 2016-17 figure is corrected from 91 stated in the 2016-17 scorecard.
  10. Information is gathered from: Companies House, Crunchbase, Pitchbook, previous startup surveys, Google searches and the Enterprise Lab’s data set.
  11. Delivered through wholly-owned subsidiary Imperial Consultants.