From a recent Forbes report : In the 30 years since the U.S. Congress passed the Bayh-Dole Act, which assigned ownership of federally-funded inventions to academic institutions, university inventions have led to 6,000 new businesses, 4,300 new products, and 153 drugs, the Association of University Technology Managers (AUTM) reports.
Even through the Great Recession, university technology commercialization has continued apace. The recently released annual survey put out by Association of University Technology Managers (AUTM) reveals that U.S. academic institutions generated $2.3 billion in licensing income in 2009, a slight increase over the previous year when one-time payments from litigation and up-front fees are excluded.
Entrepreneurial Universities – Scott Shane – Smart Charts – Forbes.
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