Today’s Model: University Research => Money

An article in the USA Today presents a handful of anecdotes of universities reaping huge monetary rewards for their research.

The Stanford-Google ties spotlight a growing trend on campuses from California to Florida. More schools are trying to boost revenue by profiting from campus research — a once-taboo practice.

More than 300 universities are mining laboratories and classrooms for discoveries that could become the next Google or anti-cancer drug. That’s up from 25 in 1980.

“They pray that maybe they’ll get the big score,” says Eric G. Campbell, an assistant professor at Harvard Medical School who has studied the trend.