in the top 10 for NASA-funded research expenditures.
The university has raised more than $999 million in external funding, and more than 180 companies based on ASU innovations have been launched through the university's exclusive intellectual property management company, Skysong Innovations. The U.S. National Academy of Inventors and the Intellectual Property Owners Association rank ASU in the top 10 nationally and No. 11 globally for U.S. patents awarded to universities in 2020, along with MIT, Stanford and Harvard. ASU jumped to 10th place from 17th in 2017, according to the U.S. National Academy of Inventors and the Intellectual Property Owners Association.
Since its inception, Skysong Innovations has fostered the launch of more than 180 companies based on ASU innovations, and attracted more than $999 million in venture funding, including $96 million in fiscal year 2016 alone. In 2013, the Sweden-based University Business Incubator (UBI) Index, named ASU as one of the top universities in the world for business …
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