Newswise — Deerfield, IL — In fiscal year 2010, 50 new companies were formed as a result of Canadian university research, an increase of 4 percent over the previous year, according to a survey report published Nov. 21 by the Association of University Technology Managers (AUTM), a nonprofit association of academic technology transfer professionals.
The survey also showed a 20 percent increase in industry support for university research, with companies committing $795 million towards innovative research projects.
The results were part of the annual AUTM Canadian Licensing Activity Survey: FY2010, which shares quantitative information about licensing activities at Canadian universities, hospitals and research institutions.
To read the full, original article click on this link: In a Chilly Investment Climate, Canadian Universities Find Alternative Sources of Revenue
