A recent study shows that the academic world is cashing in on their research quite handsomely. So handsomely in fact, some wonder if they are still dedicated to pure science and the love of knowledge or just the love of money.
Think “Gatorade” and you know intuitively that university research projects can easily make it to your grocery store shelf and your every day life while continuing to sponsor, in this case, the Florida “Gators”.
Ultimately home businesses are the beneficiary in some way even if they can’t cash in on the royalty train directly.
The Google algorithm got it’s start in university research and home businesses use the spin off products… adwords, adsense, blogger, and gmail every day.
The top 5 schools for cashing in on their research were:
The top five universities in commercializing research, according to the Milken Institute:1. Massachusetts Institute of Technology
2. University of California system
3. California Institute of Technology
4. Stanford University
5. University of Florida
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