|OSU trails Big Ten schools in research revenue|
|Written by Associated Press|
|Monday, 09 December 2013 07:14|
COLUMBUS, Ohio (AP) — Ohio State University falls short of the other Big Ten schools in making money from research.
The Columbus Dispatch (http://bit.ly/1gjhiSP ) reports that the university in Columbus spent $934 million on research in fiscal 2012 — the fourth-largest amount among the dozen Big Ten universities.
But Ohio State again came in last place for licensing income with $2.2 million. That's according to an annual listing by the Association of Technology Managers.
For a fifth year, Northwestern University tops the Big Ten and all other colleges with more than $122 million from inventions. Among Ohio schools, Ohio University in Athens earned $9.4 million — more than four times as much as Ohio State.
Ohio State officials said they're working hard at turning research into commercial products, but it takes time.
Information from: The Columbus Dispatch, http://www.dispatch.com
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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