David Hinton, Executive Director, Tech Ventures
David Hinton selected for 2024 squad arkansas business 40 Under 40 class.
As Executive Director of U of A Technology Ventures, he provides campus leadership in commercialization efforts, including leading intellectual property protection and commercialization strategies and overseeing the licensing of intellectual property created at the University. I am. Hinton was selected as one of 40 Under 40 out of more than 400 candidates.
“We are delighted that David has won the award.” arkansas business Deputy Prime Minister for Economic Development Mike Malone said: “He has been recognized for his outstanding work at the University. We value his deep expertise in technology commercialization and his collaborative spirit. “It's great to see his efforts recognized throughout the state.”
The recognition comes as the Northwest Arkansas region has been hailed by Axios as an “innovation hotspot” due to a 144% increase in patents issued per 100,000 residents over the past decade. Much of this growth is due to the strong performance of U of A and Technology Ventures.
Hinton, who was promoted to executive director of Technology Ventures in 2023, ranked the A-University in the top 25 for technology transfer and technology commercialization among universities without a medical school, based on a Heartland Forward report. led to. Tech Ventures is performing at historic levels, with intellectual property disclosures increasing by 60% compared to the firm's historical average and the total number of new innovations licensed increasing by 84%. , total license revenue increased by 174%. The number of unique innovators Technology Ventures has served has also increased by 60% compared to the office's historical average. Additionally, 45% of Company A's disclosed inventions and 46% of its issued patents included at least one female inventor, more than double the participation rate seen nationally. is.
“We are very honored by this recognition,” Hinton said. “I'm excited about the progress Technology Ventures has made and the impact we're having by bringing to market products developed at the University of Arkansas that solve problems and make people's lives easier. We are a venture team that inspires innovators, bridges the gap between discovery and market-driven applications, and fosters a culture where every idea has the potential to change the world. ”
Hinton is arkansas business 40 Under 40 event on June 11th at the Statehouse Convention Center in Little Rock. He received his PhD in neurobiology from the Mayo Clinic School of Biomedical Sciences, with an emphasis on pharmacology, neuroscience, and personalized medicine. He also holds a master's degree in business administration from the University of South Alabama.
