Since the 1970’s, universities have become more actively involved in this part of the process as well. In a study for the Information Technology and Innovation Foundation, Fred Block and Matthew Keller note that in 1975, academic institutions accounted for only fifteen of the year’s 100 “most technologically significant new products,” as selected annually by R&D Magazine. But over time, academic institutions’ share of these promising new technologies has increased dramatically; in 2006, academic institutions accounted for 70 of the innovations listed in the R&D 100.
To read the original article: Part IV: Developing Rhode Island’s innovation economy | Economic Impact