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When it comes to creating new start-ups from academic research, only MIT compares to the University of Utah—despite the fact that MIT's research budget is five times larger. Now officials from colleges around the country are flocking to Salt Lake City to learn how the school turns inventions into jobs, and profits.

"When I sent out my resume consulting companies told me they were cutting back significantly on new hires," said University of Utah honors student Alexandra Weiss. "So I knew good grades alone would not get me the job I wanted, I needed work experience too."

Overnight returns were solely responsible for S&P 500 gains from 1993 to 2006

A new University of Utah study offers some surprising advice to crack-of-dawn stock traders: Try sleeping in instead.

Mike Cooper, a professor at the university's David Eccles School of Business, says his examination of stock market returns from 1993 to 2006 yielded the finding that nighttime returns from those years were higher those made during the day. Perhaps even more striking is the fact that gains in the S&P 500 over that period were solely due to overnight returns.