Universities Earned Just $75 Million from IP in 2017, but Spent $5.7 Billion on R&D
Universities Earned Just $75 Million from IP in 2017, but Spent $5.7 Billion on R&D
Canada’s top universities and research institutes spent $5.7 billion on research and development (R&D), but generated less than $75 million from licensing their innovations in 2017. That’s an average return on investment of 1.3 per cent.