Universities' Revenue From Licensing Inventions Increases, Report Says

The number of universities earning more than $10-million annually from their licensing of inventions inched up in the 2006 fiscal year, according to survey results released on Monday.

A summary report on the survey, conducted by the Association of University Technology Managers, also suggests that universities created a record number of start-up companies—approaching 500—based on inventions of their researchers.

New York University earned the most of any