According to the Office of Technology Transfer, of the 274 intellectual properties submitted last year by university researchers, 141 patents were filed with the United States Patent Office, and of those 120 patents were issued. Between patents, startups, commercial and other agreements, N.C. State received a license revenue of $6.4 million in the last fiscal year. But the benefits of research go far beyond revenue, said Kelly Sexton, interim director of the Office of Technology Transfer. Sexton said there is a direct correlation between research expenditure and job creation.
To read the original article: RTP boosts economy with research - Technician: News
