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) October 29, 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



Item 12.  Results of Operations and Financial Condition.

     On October 29, 2003, Competitive Technologies, Inc. (CTT)
announced its fiscal results for the quarter and fiscal year
ended July 31, 2003.  A copy of CTT's press release is attached
hereto as Exhibit 99.1.

      The information in this Current Report on Form 8-K and the
attached exhibit is furnished pursuant to Item 12 and shall not
be deemed to be "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject
to the liability of that section.


                           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:    October 31, 2003           /s/    John B. Nano
                                    By:  John B. Nano
                                    President,
                                    Chief Executive Officer and
                                    Authorized Signer




Exhibit Index

     99.1 Press release dated October 29, 2003.         3-5

EX-99.1

                                                     Exhibit 99.1

                                       For Immediate Release:

            COMPETITIVE TECHNOLOGIES REPORTS RESULTS
               FOR FISCAL YEAR ENDED JULY 31, 2003

Fairfield, CT - (October 29, 2003) - Competitive Technologies,
Inc. (AMEX: CTT) today announced its results for the 2003 fiscal
fourth quarter and year ended July 31, 2003.

Revenues for fiscal 2003 increased 27% to $3.3 million compared
with $2.6 million for fiscal 2002.  CTT revenues for the fourth
quarter of fiscal 2003 increased 69% to $1.4 million compared
with $0.8 million in the fourth quarter of fiscal 2002.  Revenues
in the fourth quarter of fiscal 2003 include $0.6 million from
CTT's sale of $1.3 million of its potential award in the Materna
litigation.

CTT's net loss for fiscal 2003 declined 52% to $1.9 million,
compared with the net loss for fiscal 2002 of $4.0 million.  The
net loss for the fourth quarter of fiscal 2003 of $0.76 million
was primarily due to impairment charges on the ribozyme
technology and financing expenses, compared with a net loss of
$0.78 million for the fourth quarter of fiscal 2002.

"The results for 2003 show improvement, but are still not
acceptable," said John B. Nano, CTT's President and CEO.  "Our
plan to profitably unlock the potential of innovation by focusing
on attractive global market opportunities is progressing, even
with the need to address some unexpected difficulties."

Mr. Nano continued, "In February 2003, financing activities were
initiated to raise an additional $5 million in funding.  Due to a
difficult financing market and the SEC investigation into the
company's 1998 stock buy-back program, funding was not obtained.
CTT had anticipated collecting $6 million from its successful
litigation against Wyeth, which has been delayed by Wyeth's third
appeal of a federal court's decision.  Either the funding plan or
the litigation award would have substantially reinforced CTT's
financial strength.  However, our auditors' opinion includes an
explanatory paragraph about our ability to continue as a going-
concern.  Nevertheless, in fiscal 2004 we expect to realize
potential financial infusions into the company through new
licensing agreements, litigation awards and/or funding which will
enable us to successfully implement our business plan."

"In 2003, we positioned CTT for growth and profitability by
focusing operating resources on building a new team to
proactively market our technology versus leading expensive patent
enforcement actions and making direct investments to develop
technologies.  Over the last two years, asset impairments and
write-offs from these direct investments have reduced our
shareholder equity and asset balances approximately $2.4 million.
During the past several months, significant accomplishments were
achieved in rebuilding CTT's competitive advantage including:
acquiring new technologies from universities and world renowned
laboratories; licensing technologies to prestigious companies;
forming important strategic alliances reaching hundreds of
potential customers; and receiving favorable federal court
judgments against both LabCorp (NYSE: LH) and Wyeth (NYSE: WYE)."

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

                 COMPETITIVE TECHNOLOGIES, INC.
                        AND SUBSIDIARIES


          CONDENSED CONSOLIDATED RESULTS OF OPERATIONS
        (dollars in thousands, except per share amounts)


                        Fourth Quarter Ended     Fiscal Year Ended
                               July 31                July 31
                           2003       2002        2003       2002


  Revenue                $  1,419   $    842   $   3,293   $  2,596

  Total operating
    expense                 2,181      1,372       4,311      5,875

  Operating loss         $   (762)  $   (530)  $  (1,018)  $ (3,279)

  Net loss               $   (759)  $   (778)  $  (1,935)  $ (4,016)

  Net loss per share:
    Basic and diluted    $  (0.12)  $  (0.13)  $   (0.31)  $  (0.65)

  Weighted average
  number of
    common shares
    outstanding:
      Basic and diluted
      (000)                 6,201      6,154       6,183      6,148

  Other Financial Data
    Cash and cash
      equivalents                              $   1,405  $     750
    Short-term
      investments                              $     100  $   2,137
    Total assets                               $   2,953  $   6,400

    Total liabilities                          $   1,783  $   3,407

    Shareholders'
      equity                                   $   1,169  $   2,993