Research and Inventions Earn Big Bucks for American Universities

by E Wayne Ross on January 27, 2009

The Chronicle: Research and Inventions Earn Big Bucks for American Universities

At least 27 universities earned more than $10-million from licensing the rights to vaccines, drugs, medical devices, and other intellectual property in 2007, according to a report released yesterday by the Association of University Technology Managers. Ten universities earned more than $50-million each from license income in 2007.