SOUTH BEND, Ind. (AP) - The University of Notre Dame's move to invest more in faculty research is paying off with an increase in the amount of intellectual property being developed.
The South Bend Tribune reports researchers disclosed 55 inventions in 2012. That's up from 17 in 2002. The number of patent applications and licensing agreements also has grown.
Office of Technology Transfer Director Richard Cox said increased funding and a greater awareness of the need to commercialize research are driving the numbers.
Notre Dame spent almost $158 million on research during the 2012-2013 academic year. That's nearly twice what it spent five years ago.
Notre Dame still trails schools like Purdue, which spent $622 million on research in 2011-2012 and reported 356 invention disclosures, 54 patents and 77 licensing deals.
Information from: South Bend Tribune, http://www.southbendtribune.com
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