Research and Development expenditures are an indicator of an institution's research capacity and accomplishment. Licensing income comes from faculty-derived discoveries and products. It is a measure of the economic value of a university's inventiveness, as well as being a contributor to the university's financial strength.
Because licensing revenue fluctuates from year to year with significant spikes from the introduction of new products, a three-year rolling average is used for this metric. To read more about research being done at the University of Massachusetts and see the latest figures on research expenditures and licensing income, download the Vision Project Report Degrees of Urgency.