On the recordJuly 21, 2020
Mr. Speaker, I would like to congratulate the University of Florida and its outstanding faculty and staff on their receipt of the George W. Bush Institute of Innovation Award. A team of economists and business development experts ranked the University of Florida number 1 nationally in innovation impact, compared to all other universities in the Nation. By itself, the University of Florida was ranked sixth in the Nation when compared to the whole combined California or Texas education systems. The University of Florida is the most productive large university in the country at leveraging its research funding into new companies, new jobs, and new ideas. In the study conducted by the George W. Bush Institute and the Opus Faveo Innovation Development Consulting firm, the University of Florida proved it moves more technologies to the point of impact than anyone else in the country. The University has an average of 123 patents and generated 15 startups per year between 2013 and 2017. UF was an even stronger performer and license outcome, earning an average of $36 million per year, equal to 6.4 percent of its research dollars. Additionally, the University of Florida also ranked fourth overall in teaching impact and it produced one-third as many STEM Ph.D. graduates each year as the entire University of California system, despite having a research budget of only one-tenth as large.…





