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Results vary on research contracts and patents

Australian universities are creating more start-up companies but have experienced an 8 per cent decline in the total value of their research contracts, according to a federal survey.

The National Survey of Research Commercialisation, conducted by the federal Department of Industry, shows that from 2013 to 2015 medical research institutes and government research agencies significantly increased the value of their research contracts.

Medical research institutes secured research contracts worth $130 million in 2015, up from $30m in 2013. Government research agencies saw an increase over the same period from $388m to $448m.

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