Economic Impact of University Research Continues to Rise

The newest edition of the Association of University Technology Managers Technology Licensing Survey was recently released.

The latest figures indicate that public and private sources spent more than $45 billion for R&D on university campuses in Fiscal Year 2006. These funds have provided new patents (3,255), new patent applications (15,908), new products introduced to the marketplace (697), and new start-up companies (553). And, since 1980, university licensing programs have supported 5,724 spinout companies.

The top performers in licensing income include Duke, New York University, Stanford, the University of California system, the University of Wisconsin and Wake Forest University. Download US Licensing Activity Survey FY2006 http://www.autm.net/about/dsp.pubDetail2.cfm?pid=41 from the Association of University Technology Managers.