Wednesday, March 09, 2011

A glass 5% full

In 2008, US companies spent $2.5 billion out of their total $219.6 billion R&D investment at US colleges, universities, representing 5% of university R&D spending.

Source: Managing University Intellectual Property in the Public Interest (2010), The National Academy of Sciences.

So much for the Open Innovation concept. On the other hand, there's huge total R&D available market that universities or university-affiliated organizations could tap in.

tags: research, innovation, education,  market

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