Purdue officials reported Friday (Feb. 3) that the university has doubled its annual research expenditures to $600 million since 2006-07, supporting its goal to increase economic development for Indiana and revenue streams for the university.
At the same time, new sponsored program awards totaled $420 million for 2010-11 - most of them research related - a 4 percent dip from the previous year's record high of $438 million, which included stimulus funds from the American Recovery and Reinvestment Act. If ARRA funds are not included, the increase in sponsored program awards is 19.3 percent - from $331 million in 2009-10 to $395 million in 2010-11.
To read the full, original article click on this link: Purdue Newsroom - Purdue doubles research investment, expands commercialization effort
