By mobilizing knowledge and licensing discoveries, the innovative output of UBC researchers can significantly impact local, national and global populations in many ways.

• Academic impacts, stemming from the completion of the innovation cycle through the attraction of industry partners that may: provide funding for further research at UBC, supply interesting and relevant research problems to UBC researchers, collaborate and allow access to interesting datasets. Such activities provide opportunities for the generation of academic papers and the training of students with industry-relevant skills.
• Societal impacts may include human and animal health, environmental or sustainability benefits, and improved working or social activities.
• Economic impacts include employment, investment and income for a region.
• Financial impacts include returns to the inventors and UBC from the licensing deals surrounding the commercialization of a technology.