March 2, 2007

Universities Report More Licensing Income but Fewer Start-Ups in 2005

By GOLDIE BLUMENSTYK

At least two dozen universities each earned more than $10-million from their licensing of rights to new drugs, software, and other inventions in the 2005 fiscal year, according to a survey released last week. The number of institutions creating large numbers of spinoff companies based on their researchers' inventions, however, apparently dropped off sharply from the previous year.

The findings are drawn from a report on a survey conducted by the Association of University Technology

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