8-K

                          UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549


                            FORM 8-K


                         CURRENT REPORT

             Pursuant to Section 13 or 15(d) of the

                 Securities Exchange Act of 1934

  Date of Report (Date of earliest event reported) July 1, 2003


                 COMPETITIVE TECHNOLOGIES, INC.
     (Exact name of registrant as specified in its charter)



Delaware                 1-8696                   36-2664428
(State or other          (Commission File         (IRS Employer
jurisdiction             Number)                  Identification No.
of incorporation)




1960 Bronson Road, Fairfield, Connecticut         06824
(Address of principal executive offices)         (Zip Code)



Registrant's  telephone number, including area code   (203)  255-6044


                         Not Applicable
  (Former Name or Former Address, if Changed Since Last Report)


Item 5.   Other Events and Regulation FD Disclosure.

     On July 1, 2003, Competitive Technologies, Inc. issued a
press release announcing internal restructuring of its
organization.  The text of this press release is attached as
Exhibit 99.1 and is incorporated by reference in its entirety.

Item 7.   Financial Statements and Exhibits.

(c)  Exhibits.

     Exhibit No.    Description of Exhibit                  Page

     99.1           Press Release dated July 1, 2003         3-4




                           Signatures


     Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.


                                   COMPETITIVE TECHNOLOGIES, INC.
                                   Registrant


Date:  July 2, 2003                /s/  John B. Nano
                                   By:  John B. Nano
                                   President and
                                   Chief Executive Officer

EX-99.1

                                                     Exhibit 99.1

For Immediate Release:

COMPETITIVE TECHNOLOGIES ANNOUNCES ORGANIZATION CHANGES

Fairfield, CT - (July 1, 2003) - Competitive Technologies, Inc.
(AMEX: CTT) today announced it has restructured its organization
to lower overhead to a more affordable corporate structure.  CTT
has changed its business model to reduce full-time salaried staff
about 20% and utilize its incentive-driven senior consultants.

"CTT must reduce its costs and strengthen its sales operations,"
said John B. Nano, CTT's President and CEO.  "These are difficult
but necessary decisions for a path to sustainable profitability.
We are acquiring innovative technologies to fill our pipeline,
and are focused on marketing these technologies to potential
customers.  The culture of CTT must be customer and sales
driven."

Mr. Nano continued, "We have taken these steps to strengthen our
financial performance and our shareholder value.  During the last
nine months we have obtained licenses for technologies benefiting
society in the medical and environmental areas, several with over
$1 billion market potential.  Additionally, at recent meetings in
Korea, CTT personnel presented information on 15 major
technologies to over 400 people from 200 top tier Korean
companies.  Our relationship with the Korean Technology Transfer
Center created this unique opportunity whereby CTT was the sole
presenter of technology.  These activities leverage our unique
position in the $150 billion global market for technology
licensing."

Effective immediately, Frank R. McPike, Jr., EVP and CFO is on an
unpaid leave of absence from CTT, and two Vice Presidents have
been released by the company.  Utilizing the flexible services
and costs of senior consultants, CTT management anticipates a
positive impact on its ability to perform its current customer
engagements as a result of these changes.

About Competitive Technologies, Inc.

Competitive Technologies, established in 1968, is a full service
technology transfer and licensing provider focused on the
technology needs of its customers and transforming those
requirements into commercially viable solutions.  CTT is a global
leader in identifying, developing and commercializing innovative
technologies in life, digital, nano, and physical sciences
developed by universities, companies and inventors.  The global
market for technology transfer services is estimated at $150
billion annually.  CTT maximizes the value of intellectual assets
for the benefit of its customers, clients and shareholders.
Visit CTT's website: http://www.competitivetech.net.

Statements about the Company's future expectations, including
development and regulatory plans, and all other statements in
this document other than historical facts are "forward-looking
statements" within the meaning of applicable Federal Securities
Laws and are not guarantees of future performance.  These
statements involve risks and uncertainties, including those set
forth in Item 1 of the Company's most recent Form 10-K and in
CTT's other filings with the SEC, and are subject to change at
any time.  The Company's actual results could differ materially
from these forward-looking statements.  The Company undertakes no
obligation to update publicly any forward-looking statement.


Direct inquiries to:
Johnnie D. Johnson, Strategic IR, Inc.
E-mail: jdjohnson@strategic-ir.com
Tel. (212) 754-6565;
Fax (212) 754-4333
E-mail: ctt@competitivetech.net