Universities and their inventors earned more than $1.8-billion from commercializing their academic research in the 2011 fiscal year, collecting royalties from new breeds of wheat, from a new drug for the treatment of HIV, and from longstanding arrangements over enduring products like Gatorade. Northwestern University earned the most of any…

Sarah L. Kieweg had her own nice surprise when the University of Central Florida contacted her. She understood quite a bit about her father's pioneering work on artificial intelligence in the 1990s. Still, in 2006, eight years after he died of a heart attack, at age 50, the call from the university came out of the blue: some of James R. Driscoll's…

According to a survey conducted by the Association of University Technology Managers, at least two dozen universities each earned more than $10-million from their licensing of rights to new drugs, software, and other inventions in the 2005 fiscal year. The number of institutions creating large numbers of spinoff companies based on their…

Describes how universities are racing to find ways to use stem cells to fight various diseases--and to be the first to register patents that could be highly profitable. (EV)

Describes the efforts of a young investor who travels the country in search of university-based companies. (EV)