<p>Excerpt: The University of Michigan announced Monday that fiscal year 2014 was a record-breaking year of tech transfer performance as reflected in the number of new inventions, agreements and startups launched — all derived from U-M research discoveries. Researchers reported 439 new inventions in FY '14, up from last year's 421, demonstrating the growing participation and success of U-M faculty in tech transfer activities. U-M Tech Transfer also recorded 148 option and license agreements compared to 108 agreements a year ago. In addition, Tech Transfer launched 14 startups, bringing the number of businesses launched in the last five years to 55.</p>