Report Shows Basic Science Creates Jobs
EQUITY EQUALS SUCCESS: Universities can help start-up ventures by reducing demands for cash, explains licensing officer Mike Martin. A recently issued report has provided new evidence that federal support of basic research in universities earns significant paybacks in the form of jobs created and taxes paid by companies created to exploit research findings. Many institutions have been convinced that they could successfully stimulate start-up companies without losing their academic purity and c
May 11, 1997
![]() EQUITY EQUALS SUCCESS: Universities can help start-up ventures by reducing demands for cash, explains licensing officer Mike Martin. |
The report, prepared by the economics department of BankBoston (E. Moscovitch et al., MIT: The Impact of Innovation, Boston, BankBoston, 1997), demonstrates the nationwide job-creation...
Interested in reading more?
Become a Member of
Receive full access to digital editions of The Scientist, as well as TS Digest, feature stories, more than 35 years of archives, and much more!
Already a member?