Academia: according to the latest licensing survey conducted by the Association of University Technology Managers, licenses and options executed by US universities increased by more than 20% from fiscal 2001 to fiscal 2003.Academia: According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest licensing survey conducted by the Association of University Technology Managers The Association of University Technology Managers (AUTM) is an organization devoted to promoting technology transfer between universities and colleges and private enterprise and/or the government. , licenses and options executed executed 1) adj. to have been completed. (Example: "it is an executed contract") 2) v. to have completed or fully performed. (Example: "he executed all the promises made in the contract") 3) v. by US universities increased by more than 20% from fiscal 2001 to fiscal 2003. The survey is based on 236 responses from US universities, hospitals and research institutions. These institutions reported the execution of 4,516 licenses and options in 2003 and 25,979 active licenses, up 21% from 2001. Over the same period, net license income rose 27% to $1.3 million. However, the number of start-up companies start-up company A new business. resulting from licensing fell 17% to 374. However, larger companies (defined as having more than 500 employees) increased their licensing activities, accounting for 34.5% of licensing deals in 2003, up from 31% in 2002. Sixty-five percent of the licenses to large companies in 2002 were nonexclusive compared to 57% for small firms. Source: Bioentrepreneur |
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