The U. now nation’s best for launching businesses

The U. performs well not only in creating companies, but also in filing patents (119), patents awarded (33) and generating revenue from licensing technology ($26.2 million), according to 2008 rankings released Tuesday by the Association of University Technology Managers, or AUTM (pronounced "autumn").

U. officials say the U. http://www.tco.utah.edu/ has surpassed its Massachusetts rival in fiscal year 2009 with 23 spin-offs,

The process of academic technology transfer is working well across the nation, according to AUTM president Arundeep Pradhan. Such tech transfers are enshrined in federal policy, which ensures academic scientists a piece of the financial reward for inventions they conceive, and have given birth to name-brand firms like Google and Utah’s Myriad Genetics.

By Brian Maffly

The Salt Lake Tribune

Full Story: http://www.sltrib.com/business/ci_14412785

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