The figures are in U.S. dollars. Researchers at the University of Calgary, the University of Alberta and other institutions are producing valuable and useful results with global impact. One hundred and seventy five North American universities and research institutes took part in the annual survey. Compared to US institutions, UTI would rank approximately 40th in license revenue received. Taken as a unit, Alberta would rank 18th in North America in technology transfer.
Canadian institutions continue to lead in the creation of new companies from technology.
Of the 258 new companies created from North American university research in 1997, Canadian institutions started up 58. A Statistics Canada survey on intellectual property commercialization at Canadian Universities has reinforced the recent AUTM survey on the role of Alberta in technology transfer. The report said 75 per cent of the technology transfer in Canada is done at Canada's 12 major universities including the University of Alberta and the University of Calgary. University Technologies International Inc. handles intellectual property protection and commercialization for the UofC. Statistics were done by region, not by individual institutions. A new graduate degree in Biomedical Engineering announced for the University of Calgary holds great promise for technology transfer in Alberta.