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Universities Earn Billions in Inventions in 2011
Aug. 28, 2012
According to the Chronicle on Higher Education, universities and their inventors earned in excess of $1.8 billion from commercializing their academic research in the 2011 research fiscal year.
The University of Colorado is part of this trend, with a license income of $3.87 million with 50 licenses and options executed, 11 startup companies, 37 U.S. Patents issued, and 262 new patent applications. Read more here.