BIO Report, Survey Reveal Importance of Academic Tech Licensing to US Economy | GenomeWeb

NEW YORK (GenomeWeb News) – The licensing of inventions by academic institutions to corporations contributed as much as $187 billion to the US gross national product and $457 billion to US gross industrial output, and created nearly 300,000 new jobs from 1996 to 2007, according to a report released Wednesday by the Biotechnology Industry Organization.

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