January 8, 1999

Universities' Royalty Income Increased 33% in 1997, Reaching $446-Million

By JULIANNE BASINGER

Survey finds that U.S. universities were awarded 2,239 new patents in the last year

Research universities in the United States earned more than $446-million in royalties from their inventions in fiscal 1997, a 33-per-cent increase over 1996, according to an annual survey released last month by the Association of University Technology Managers.

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