Industry funding of university research is an important component of U.S. academic research and industrial innovation, especially as federal funding for universities continues to decline and companies cut back on basic, intramural research. However, U.S. states vary dramatically on the extent to which their research universities attract industry support. In part, this is because of policy and administrative choices states and universities make. All states, but especially the laggards, would benefit from policies to attract more industry research funding, particularly as such funding appears to generate technology-based economic activity at the state level.
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