From Nobel Prize winners to undergraduates, all members of the Stanford community are engaged in creating new knowledge , and Stanford brings an innovative, entrepreneurial spirit to this work of discovery. Stanford people take on audacious problems, bring imaginative new approaches to solving them, and work collaboratively to advance knowledge and make meaningful contributions to our world. Stanford Innovation In 2012–13, Stanford received more than $87 million from 622 licensed technologies. ( http://www.stanford.edu/research/ )