Posted at 9:50 a.m., Thursday, March 1, 2007
UH research spending yields modest returns: Report
Advertiser StaffThe University of Hawai'i spent nearly $600 million on research from 2003-05, but generated a just over $2 million in licensing revenues and royalties, according to the Association of University Technology Managers.
The University of Hawai'i typically does well attracting research money, but usually ranks relatively low when it comes to profiting from faculty ideas, according to the recently released survey.
More current information provided by UH showed that in fiscal 2006 royalty income fell 13 percent to $899,000. Royalty income likely will fall further this year because the university has lost patent protection for a cancer detection antibody, according to the university.