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Useful Stats I: University R&D Payoffs
The July-August issue of Technology Review, MIT's Magazine of Innovation, includes a special report on university research. The TR University Research Scorecard, written by TR associate editor Rebecca Zacks, ranks the top U.S. universities for their performance in patent quality (called "technological strength") and licensing revenues.
The results demonstrate number of patents issued does not necessarily equate to financial return to the universities. While the University of California and MIT dominate the patent quantity side of the equation, other institutions are earning more in licensing income. "Columbia, for example, ranks second in licensing income and makes nearly a quarter of its $260 million research investment back in royalties and fees, even though the school garnered only 34 patents per year on average from 1994 to 1998. Third-place Florida State University, meanwhile, rakes in an astounding 42 percent of its $112 million annual research budget through a mere 10 licenses or options deals," according to the article.
The complete article and tables can be viewed at: http://www.techreview.com/articles/july00/zacks.htm