A new report by the University of Utah pegs the economic impact of the school’s start-up companies over the last 40 years at $754 million, responsible for more than 15,000 jobs.
The analysis by the Bureau of Economic and Business Research (BEBR) examines 188 companies and invention licenses created since 1970.
The U.’s process of start-up creation accelerated after it overhauled its technology commercialization procedures in 2005. It is now the No. 1 university in terms of spinning off companies based on technologies developed on campus, setting up about 20 new companies a year.
To read the full, original article click on this link: Report details impact of U. startups | The Salt Lake Tribune
