Tag: invention disclosures
Strong year for patents and inventions at Missouri S&T
Royalties from patents on commercialized inventions and products bring in thousands of dollars in income every year for Missouri S&T. During the fiscal year that ended June 30, 2018, Missouri S&T brought in just over $530,000 in royalty income, and the cumulative royalty amount is expected to cross the $5 million mark in fiscal year 2019.
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Record year for technology transfer at Missouri S&T
Missouri University of Science and Technology set a new record for the most money generated from patent royalties on commercialized inventions and products. During the fiscal year that ended June 30, Missouri S&T brought in $540,396 in royalty income, more than double the amount received in 2013.
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