Colleges struggle to cash in on research

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COLUMBUS — Ohio lags among other states when it comes to turning the $2 billion spent in research at the state’s public universities into successful commercial products.

A new report released Wednesday by the Ohio Board of Regents aims to commercialize university research to create jobs, promote economic growth and increase wealth in Ohio.

This year, Wright State University spent $83 million in research, contracts and grants and is already moving in the direction of many of the recommendations, said Robert Fyffe, vice president for research and graduate studies.

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