Technology Transfer
Rochester Ranks 6th in Research Revenue
A new ranking of academic institutions placed Rochester among the top in the
nation in earning revenues from the research of University scientists and engineers
during fiscal year 2002.
At $42 million, Rochester was sixth in the nation, according to a ranking published
by the Chronicle of Higher Education. The figures, based on the year ending
June 30, 2002, were collected in a survey conducted by the Association of University
Technology Managers.
In 2001, Rochester’s technology transfer revenue topped $29 million, more
than double the $13 million of 2000 and nearly 10 times the $3 million of 1999.
The most lucrative patents include a childhood vaccine, computer technology
used in offices around the world, and a technique for unprecedented accuracy
in diagnosing aberrations in the eye.
The survey showed a trend among universities to reap more profits from their
research.
In total, the academic institutions brought in nearly $1 billion in patent revenue
for the year, a 16 percent increase from the year before. The survey tallied
responses from 156 colleges and universities, including 94 of the 100 institutions
that spend the most on research.
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