When it comes to "return on innovation"—the rate at which research spending generates revenue—it looks like another banner year for the University of Oregon. Thanks to an 8.9 percent return for the fiscal year, the university is poised to retain its status from the previous year, numbering among the nation's top twenty universities for this metric. All told, the UO collected $7.9 million in the past year from licensing university-developed technologies, while its spinout companies generated $35.75 million in revenue during the 2011-12 academic year and employed 250 workers. That's good news for the UO—and for the state's economy, too. Here at the Lundquist College of Business, we're proud that so many of these success stories involve our faculty members and alums: Technology Entrepreneurship Program (TEP) advisor and instructor Allan Cochrane is CEO of Cascade Prodrug, a biotech company developing new treatments for cancer; former TEP advisor Don Upson is a cofounder of QE Chemicals, a startup that's creating new chemical building blocks; R. Jon Hofmeister, MBA '05, founded Perpetua Power Source Technologies, the developer of advanced renewable energy solutions; and Lundquist Center for Entrepreneurship program manager Nathan Lillegard, MBA '06, was the cofounder and CEO of Floragenex, the genomics service provider.