The University of Missouri System continues to rank among the top 100 universities worldwide for number of U.S. patents generated, according to a report released by the National Academy of Inventors and the Intellectual Property Owners Association on Tuesday.
The system — which comprises four universities, in Columbia, Kansas City, Rolla and St. Louis — was ranked 60th in the world, up 10 positions from last year's report. This is the seventh consecutive year the system has appeared in the report since it began in 2013.
In total, the system acquired 41 U.S. utility patents over the past year.
“Patents are a strong indicator that our research is impactful, both economically and scientifically, and they show that the work that happens at our four universities is being realized to its fullest potential," Mark McIntosh, UM System vice president of research and economic development, said in a UM news release.
The system has been awarded about $337 million in research in fiscal year 2019, the release stated.
Research has become a primary focus of the system, with UM System President Mun Choi announcing $112 million in research investments during his State of the University address last September.
The largest aspect of that investment is in a precision health initiative, which includes the construction of a $220 million, 265,000-square-foot research facility, the Translational Precision Medical Complex. It will be the largest research facility investment in MU's history.