How many devices, processes, medications, and other inventions come from academic research? AUTM, an association of technology managers, does a yearly survey to find out. In 2017, the latest year for which survey data are available:
$68.2
billion was spent
on research.
15,335
patent applications were filed.
7,459
patents were issued.
7,849
licenses and options — the agreements that give companies the right to manufacture a product — were signed.
755
new products were created.
1,080
start-ups were formed.
Source: AUTM 2017 survey
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