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The article discusses the ways that the nation of Israel has fueled economic growth through intellectual success. Israel's seven research universities have been making money from technology licensing long before 1980, when the United States' Bayh-Dole Act permitted American universities to monetize their research. The success of Israeli institutions is not only because of the high caliber of scientists and researchers making technological discoveries, but also because faculty members are so adept at patenting and licensing their research.

The article reports on licensing revenues for U.S. universities and colleges. The author focuses on intellectual property rights for vaccines, drugs, and medical services at schools such as New York University and Northwestern University. Other topics include technology transfer on active licenses, start-up companies, and income for higher education.

The article reports on a three-year technology transfer partnership between the University of Pennsylvania and Arizona State University to help commercialize their respective research findings. The two institutions will take advantage of one another's patent and licensing networks, as from the Penn medical school faculty, or Arizona State's drug therapy researchers.