Income from IP declining at Canadian universities even as governments push for better returns on R&D

University of Saskatchewan | Instagram

HALIFAX — Canadian universities spent $4.5 billion on research and development in 2018, but generated only $54.4 million in licensing income from their intellectual property that year, according to a new report.

The income amounts to a return on investment of about 1.2 per cent, down from 1.3 per cent the year before, despite a drop in research funding. Universities also reported a substantial drop in new innovations, despite a rush of new startups. 

The findings from AUTM, which monitors commercialization from academic research in Canada, offer new details on the conditions at research institutions leading up to a string of recent public- and private-sector programs meant to address the dearth of revenue from publicly funded research in Canada. 

Purchase a subscription to read the full article.

By entering your e-mail you consent to receiving commercial electronic messages from The Logic Inc. containing news, updates, offers or promotions about The Logic Inc.’s products and services. You can withdraw your consent at anytime. Please refer to our privacy policy or contact us for more details.

Already a subscriber?