Wall Street Journal lists Purdue No. 3 nationally, No. 6 globally in startup creation from university technologies
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The Wall Street Journal lists Purdue University sixth-best globally and third-best in the U.S. in a recent article highlighting startups generated from university-licensed technologies over the past 12 months.
Discovery Park District is a campus edge development on the west side of Purdue's campus that includes strong support to advance research, partnerships with global companies and startup creation. In the past two years, the several companies have established long-term research and development collaborations with dedicated offices in the district including:
“Moving life-changing innovations developed by our leading researchers to the public through startups created from university-developed intellectual property is a critical part of our educational and land-grant goals.”
Purdue also hit a milestone in startup creation in 2018 with 223 startups, more than $350 million in funding and investments generated and more than 300 new jobs since 2013.
Nearly 130 of the startups have licensed Purdue University intellectual property through the Purdue Research Foundation Office of Technology Commercialization. The remainder of startups are affiliated with Purdue in some way and/or based on company-owned intellectual property bringing the startup total to 223 startups since 2013. More than 60 of the company-owned startups are founded and owned by Purdue students who in 2013 were granted the right to own the intellectual property that they generated as students at the university.
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