USF’s innovation efforts bring over $500M annually to Florida’s economy

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    The University of South Florida’s innovation efforts have brought over $500 million in the last year to the Sunshine State, according to a new report.

    Miami-based Washington Economics Group released data on Tuesday which shows USF has infused $582 million from fiscal year 2018-19 to Florida through its Research Park. That includes the Technology Transfer Office, which manages new inventions from USF faculty and students, and the Tampa Bay Technology Incubator, which is run by the USF Office of Corporate Partnerships.