WEST LAFAYETTE — Purdue University is ranked 16th in the world among universities granted U.S. utility patents in 2014, according to a new report released by the National Academy of Inventors (NAI) and the Intellectual Property Owners Association (IPO). This ranking in patent activity is up from the previous year's spot of 27th. In 2014, Purdue had 93 U.S. utility patents issued.
“We set out two years ago to make Purdue ‘Entrepreneur U’ by lowering every barrier and providing any support we could identify to enable our world-class faculty to move their research from lab to market,” said President Mitch Daniels. “This ranking joins other developments such as back-to-back years of record startup companies, as markers of real progress in becoming an economic engine for Indiana and the nation.”
The patents issued to Purdue represent innovations from nearly all of the university's core research areas including engineering, agriculture, science, computer science, technology, biomedicine, pharmaceuticals, health sciences, IT and veterinary medicine. A center of Purdue's interdisciplinary research is conducted at Purdue's Discovery Park and commercialization activities take place in the Discovery Park-based Burton D. Morgan Center for Entrepreneurship
