Universities and their inventors earned more than $1.8-billion from commercializing their academic research in the 2011 fiscal year, collecting royalties from new breeds of wheat, from a new drug for the treatment of HIV, and from longstanding arrangements over enduring products like Gatorade. Northwestern University earned the most of any…

The deluge of money that private-equity investors have been pouring into buyouts of companies in all sectors of the economy is having a growing impact on higher education. Until recently, outside investors were primarily interested in the for-profit college industry, acquiring family-owned colleges and chains of colleges. Now several of those…

Stanford University (California) and the Yamaha Corporation have agreed to pool over 400 patents and patent applications, most involving sound synthesis, and to license them as a package along with rights to the trademark, and share the royalties. The deal builds on a 23-year relationship between Stanford and Yamaha, one which is both fruitful and…

The new president of American InterContinental University bought the for-profit institution and plans to distinguish it from others by offering students fast-paced programs providing "good return" on tuition investment. The growth strategy is built on the concept of "power campuses": new branches specializing in business…

Sylvan Learning Systems, a company best known for its tutoring and testing operations, plans to create a network of private, for-profit universities in a dozen countries overseas, at the rate of about one institution a year. The director of the U.S. Information Agency will leave his post to head the venture. The plan has received mixed reactions.…

The Virginia Polytechnic Institute and State University has created a profitable program for commercializing student and faculty research, investing with three venture-capital companies that agreed to pay extra attention to the university's technological innovations and developing an office park to promote local economic development and generate…

Income from licensing inventions grew dramatically at 98 leading universities in fiscal 1992 but still equaled only about 1.5% of research expenditures. Growth of royalty income derives from more active licensing. In some cases, large incomes resulted from a single invention. Data on most of these institutions are presented in tabular form. (MSE)

Describes the efforts of a young investor who travels the country in search of university-based companies. (EV)

A new company is offering selected universities a chance to profit directly from the scholarly materials produced by its faculty, particularly in the areas of corporate training, continuing education, distance learning, and the international-student market. Critics fear that institutions' desire for income may affect faculty priorities.…

Unlike other universities, the University of Arizona is ending a policy of direct commercialization of faculty research, citing new federal rules governing conflict of interest and institutional budget constraints as the reasons. The decision also follows a suit against the university concerning spinoff rights. Critics argue that the university…