University research worth $187 billion over 12 years, group says
Saturday, October 31, 2009 - 07:14
in Mathematics & Economics
In what it calls a first-of-its-kind study, the nation's leading biotechnology trade group this week put a dollar figure on the value of university-driven research, asserting that economic output grew $187 billion from 1996-2007 through university technology license agreements alone.