Universities Earn Billions in Inventions in 2011

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.