UW-Madison was recently reported to be among the top 10 institutions in generating licensing revenue.
According to a Chronicle of Higher Education survey, academic innovations spawned 543 university spinoff companies in the 2008 fiscal year.
UW-Madison is ranked ninth of the 154 institutions in the survey, producing $54.1 million in licensing income in the 2008 fiscal year.
The Wisconsin Alumni Research Foundation aids UW-Madison researchers in patenting their findings and licensing their technologies to companies all over the world.
The Chronicle noted that only a small number of institutions have been making significant amounts of money by marketing their inventions.
Northwestern University led the survey in licensing income with $824.4 million, followed by the University of California system and Columbia University. Aside from Northwestern and UW-Madison, the only other Big Ten institution in the top 10 rankings is the University of Minnesota.
