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TechLink – Study shows $58 billion impact on economy through military lab’s invention licensing
August 6, 2019 /
When thinking about growing their business, many companies look inward for new ideas, but leveraging government research and development can be just as lucrative.
A new study released by TechLink on Monday shows $58 billion in total economic activity by businesses that build products and services around dual-use technologies invented in military laboratories.
Data collected and analyzed for the study showed nearly $27 billion in sales of new products and services by companies with Department of Defense license agreements.
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