The majority of US universities are failing to break even on technology transfer, a new report has indicated.
The majority of US universities are failing to turn their research into income with a select few claiming most of the rewards, according to a report from think tank the Brookings Institution.
The report, called University Start-Ups: Critical for Improving Technology Transfer, slammed the conventional licensing route for tech transfer offices (TTOs) as ‘unprofitable’ and at risk of alienating the private sector. It suggested that TTOs need to do away with licensing patents to the highest bidder, and focus…
