UW-Madison and its technology transfer organization, the Wisconsin Alumni Research Foundation, received more than $47.5 million in 2004 in licensing revenues, or fees paid to use the patents the university holds for inventions and discoveries made by campus faculty and researchers. That’s the third highest in the nation, according to the Association of University Technology Managers, behind the University of California System and New York University. It’s also $10 million more than the $37.5 million in licensing revenues the university collected in 2003, when it ranked 6th in the nation.
Office of Strategic Communication