GAINESVILLE, Fla. and BOCA RATON, Fla., Oct. 22, 2015 /PRNewswire-USNewswire/ -- The Institute for Commercialization of Public Research (the Institute) announced today results of a new study conducted by The Washington Economics Group, Inc.® (WEG), a boutique economic consulting firm led by nationally recognized business economist Dr. J. Antonio (Tony) Villamil. The study measured economic impacts of the Institute between 2011 and 2015, and concluded that the organization's impact throughout the state of Florida increased significantly during this past fiscal year, generating an overall return on investment (ROI) of 14 times.
