T
he Association of University Technology Managers (AUTM), a nonprofit association of academic technology transfer professionals surveys North American universities, hospitals and research institutions each year on a host of data points that reveal licensing activity. Examples of the type of information gathered include the number of patents, the number of invention disclosures, the number of startups created and the amount of licensing income received. The results are available in the AUTM U.S. Licensing Activity Survey: FY2011, and the AUTM Canadian Licensing Activity Survey: FY2011, published Dec. 10. This year AUTM included additional questions to better ascertain the economic impact of technology transfer. In the case of product sales, 58 institutions (31 percent of the 186 respondents) reported that 2,821 of their licenses paid $662 million in running royalties based on $37 billion in product sales, implying an average royalty rate of 1.8 percent. Only 65 of these licenses yielded more than $1 million in royalty income.
To read the full, original article click on this link: New AUTM Survey Reveals University Impact on Economy
