Posts Tagged: "Stanford patents"

Stanford Invests $1.35 Billion Annually Leading to Diverse Innovation

Stanford sets aside an annual research budget of about $1.35 billion to fund its development operations for 2013-2014, and since the 1930s the university has been the starting grounds for nearly 40,000 companies, creating about 5.4 million jobs total. A 2012 study conducted by Stanford estimated that companies formed by Stanford entrepreneurs generate world revenues of $2.7 trillion annually. Recent Stanford research projects have included new techniques for the successful removal of stomach cancer cells, as well as biological surveys of marine life showing how crude oil leaks can affect heart health in fish. Today, we’re looking at the recent publications released from the U.S. Patent and Trademark Office assigned directly to Stanford University to take a snapshot look at the innovative side of this academic institution.