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. This is ahead of such well-known institutions as Duke University, Penn State, Purdue, Northwestern and the University of Michigan. 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.