MADISON, WI (WTAQ) – UW-Madison received 160 patents in 2013 for new items spurred by the university’s research.
The university said Thursday it had the sixth-largest number of patents in a worldwide survey of 100 global colleges. However, that doesn’t mean the UW is excelling at getting new products on the market.
The Milwaukee Journal Sentinel points to a survey from university technology managers, in which Madison ranked 38th among 202 schools in the licenses and business start-ups spurred by the school’s studies.
It reported 63 licenses and options in 2013, with 7 start-ups initiated.
Carl Gulbrandsen, the managing director of the Wisconsin Alumni Research Foundation, said it’s a difficult environment — and many industries would rather have somebody else take the risk instead of using technologies directly from universities.
(Story courtesy of Wheeler News Service)
