The University of Michigan reports a record number of new inventions for the fiscal year of 2013.

The University of Michigan has smashed its previously existing records with 421 new inventions recorded during the fiscal year of 2013. It also reported an increase in US patents, rising from 101 last year to 128 for 2013. In addition, its licensing revenues reached $14.4m, adding a further $600k from 2012’s performance. Ken Nisbet, associate…

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