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The Licensing of Academic Patents Contributed Up to $1.9 Trillion to the US Economy, Supported up to 6.5 Million Jobs - Vimarsana News

The Licensing of Academic Patents Contributed Up to $1.9 Trillion to the US Economy, Supported up to 6.5 Million Jobs

New Report Highlights the Importance of Research and Public-Private Partnerships

The Licensing of Academic Patents Contributed Up to $1.9 Trillion to the US Economy, Supported up to 6.5M Jobs in the last 25 Years - Vimarsana News

The Licensing of Academic Patents Contributed Up to $1.9 Trillion to the US Economy, Supported up to 6.5M Jobs in the last 25 Years

The licensing of university and nonprofit research has made a significant contribution to US gross domestic product (GDP), industrial gross output, and jobs over the last 25 years and underscores the importance of basic and applied research to the US economy, as well as the demand for public-private partnerships. The…