Money Changes Everything

University, Inc.

A selection of institutions generating licensing income and patents in 2000, the most recent year for which nationwide statistics are available.


Previous AE coverage of these issues:
www.emory.edu/
ACAD_EXCHANGE/1999/
decjan00/ideas.html

Money Changes Everything
Commerce, philanthropy, and the culture of the academy


"We should be more creative in thinking about how we reward people for what they've done."
Rich Rothenberg, Professor of Family and Preventive Medicine

"If I'm going to accept [the Sloan Foundation's] money in good faith, I have to minimally carry out their agenda."
Bradd Shore, Professor of Anthropology

University, Inc.
License income, patents, start-ups, and research expenditures for a selection of eleven institutions

Who sees the money?
Emory's recently revised intellectual property ownership policy

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Source: The Association of University Technology Managers

Institution License Income Income as % of Research Expenditures Licenses & Options Yielding Income U.S. Patents Issued New Startups
University of California System
$261,522,000
12.5
781
324
26
Columbia
$138,562,416
44.5
143
78
7
Dartmouth
$68,427,222
74.6
54
17
1
Stanford
$34,603,000
7.8
378
98
8
MIT
$30,234,664
4.2
362
152
31
Johns Hopkins
$14,375,716
1.4
166
106
10
Emory
$10,671,922
4.9
46
28
0
Duke
$4,282,309
1.3
101
32
3
Georgia Tech
$3,477,072
1.3
54
24
6
Princeton
$2,392,000
2.2
25
26
2
Chicago
$2,275,393
1
47
36

2

 

To compare these figures with 1997, visit www.emory.edu/ACAD_EXCHANGE/1999/decjan00/money.html.