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OSU Falls Short Of Other Big Ten Schools In Research Money
Ohio State University falls short of the other Big Ten schools in making money from research.
The university in Columbus spent $934 million on research in fiscal 2012 – the fourth-largest amount among the dozen Big Ten universities.
But Ohio State again came in last place for licensing income with $2.2 million. That’s according to an annual listing by the Association of Technology Managers.
For a fifth year, Northwestern University tops the Big Ten and all other colleges with more than $122 million from inventions. Among Ohio schools, Ohio University in Athens earned $9.4 million – more than four times as much as Ohio State.
Ohio State officials said they’re working hard at turning research into commercial products, but it takes time.