A Mixed Bag for U.S. Institutions
U.S. academic and nonprofit institutions and technology investment firms that responded to two recent surveys saw their technology licensing revenue grow 7.8 percent between 2002 and 2003, according to the Association of University Technology Managers. The number of patents issued to these institutions also increased, by about 10 percent, but the number of startups they formed dropped from 398 in 2002 to 364 in 2003. Data on all survey respondents for the past 11 years – including irregular participants – show that the number of U.S. patents issued each year, as a proportion of applications filed, is also declining. New York institutions receive the most licensing income, while those in California lead the field in R&D spending, patenting, and startup formation.