Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Patent

The University’s revenue stream from inventions and developments took a big hit last year when one of its most lucrative funding sources came into the public domain.

In 2009, the revenues from licensing patent rights were about $30.5 million. The Association of University Technology Managers ranked it among the highest in the nation.

“In 2010, we’re looking at about $6.86 million,” said Derek Eberhart, senior licensing manager at the University’s Technology Commercialization Office.

To read the full, original article click on this link: Some University professors build research around potential patent licensing | The Red and Black