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A recent report by national firm Tripp Umbach found the U of M contributes more than $8.6 billion a year to Minnesota, part of which comes from its research enterprise: 

Overall, the University generated more than $1.2 billion in research impact last year. Much of its research efforts have resulted in patents and licenses that rake in millions for the University of Minnesota itself.

The full story was published in Twin Cities Business in February 2018.