Foreign intelligence services have several objectives when they target universities in the United States. First and foremost, they want to steal research findings and innovative technologies to give their own civilian and military industries a competitive advantage. In the process, American universities are deprived of much-needed income.
SIU Revenue from Licensed Technologies, FY 2005 - FY 2013
Fiscal Year
Number of Inventions Disclosed
Royalties
Licenses /Options
U.S. Patent Applications Filed
U.S. Patents Issued
2013
18
$672,064
1
15
4
2012
21
$710,882
0
12
4
2011
25
$677,204
4
16
5
2010
29
$569,105
6
15
2
2009
23
$538,004
7
14
3
2008
35
$776,102
10
14
3
2007
21
$524,584
5
18
4
2006
20
$354,045
4
13
2
2005
19
$466,300
5
9
4
Total
211
$5,288,290
42
126
31
Avg/Year
23
$587,587
5
14
3
While SIU's revenue from licensed technologies is modest, averaging a little over $500,000 a year, it is a revenue stream that should be protected in these troubled fiscal times.