While nearly all of the economic indicators for the country were falling rapidly, the commercialization of university-generated technologies quietly continued to move into the market place at an increasing pace, according to the latest survey conducted by the Association of University Technology Managers (AUTM). Highlights from the AUTM U.S. Licensing Activity Survey Summary: FY2008 include:
648 new commercial products introduced
5,039 total license and options executed
595 new companies formed
about 72 percent of new companies formed with the primary place of business in the institution's home state
3,381 startup companies still operating as of the end of FY2008