maryland-universities-video

Higher education is becoming big business as more students head off to college, but they're also about developing businesses, and the state is turning research and development into new business ventures.

Maryland leads the nation in how much it spends on research but the University System of Maryland -- which includes 13 colleges and universities -- is trying to take research to a new level by creating more small businesses off campus. The goal so far is to try and create more than 300 new businesses over the next decade.