An annual survey of 195 universities, hospitals and other research institutions nationwide shows that more than ever, academic research is fueling impressive gains for local, state and national economies, with the formation of a record 1,024 startup companies in 2016, according to findings in the Association of University Technology Managers’ (AUTM) 2016 Annual Licensing ActivitySurvey.

Among the key findings of the report:

  • The number of invention disclosures–a direct measure of institutional impact on innovation–has been on the rise the past five years, reaching 25,825 in 2016.

  • 16,487 new U.S. patent applications were filed, a gain of nearly 3.4 percent, and 7,021...

Subscribe to Read More

Are You an Educator?

Get Free online access to all our
news and resources and get
eCampus News Today email newsletter

About the Author:

eCampus News Staff