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

                                  AMENDMENT 1
                                      TO
                                   FORM 10-K

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
                  1934 FOR THE FISCAL YEAR ENDED JULY 31, 2007

                          Commission file number 1-8696

                        /X\
                      /XXXXX\
                    /XX------
                  /XXX----       COMPETITIVE
                  XXX----        TECHNOLOGIES
                  \XXX----       Unlocking the Potential of Innovation (R)
                    \XX------
                      \XXXXX/    Technology Transfer & Licensing Services
                        \X/

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

       Registrant's telephone number, including area code:  (203) 368-6044

         Delaware                              36-2664428
         --------                              ----------
(State or other jurisdiction of      (I.R.S. Employer Identification No.)
 incorporation or organization)

           Securities registered pursuant to Section 12(b) of the Act:

  Title of Each Class                 Name of Each Exchange on which Registered
- -----------------------------        -------------------------------------------
Common Stock ($.01 par value)                 American Stock Exchange

Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.                           [x]Yes  [  ]No

Indicate  by  check mark whether the registrant is a large accelerated filer, an
accelerated  filer,  or  a non-accelerated filer. See definition of "accelerated
filer  and  large  accelerated  filer"  in  Rule  12b-2  of  the  Exchange  Act.
     Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [X]

The  aggregate  market  value of the common equity held by non-affiliates of the
registrant  as  of  January  31, 2007 (the last business day of the registrant's
most  recently  completed  second  fiscal  quarter)  was  $18,746,515

The number of shares of the registrant's common stock outstanding as of October
18, 2007, was 8,107,380 shares.

                                                                     American
                                                                  Stock Exchange
                                                                      Listed
                                                                        CTT


                                     Page 1


     The  Company's  Form 10-K for the Fiscal Year ended July 31, 2007 is hereby
Amended  by  replacing  the  Signature  Page,  page 83, with the following page.


                                        2


                                   SIGNATURES

     Pursuant  to  the  requirements  of  Section  13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its  behalf  by  the  undersigned,  thereunto  duly  authorized.

                                   COMPETITIVE TECHNOLOGIES, INC.
                                   (the registrant)


                                   By /s/ John B. Nano
                                     -----------------
                                   John B. Nano

                                   Chairman,  President  and  Chief  Executive
                                   Officer,  Interim  Chief  Financial  Officer,
                                   Director  and  Authorized  Signer


Date: October 29, 2007

     Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.


Name                          Title                   )  Date
- ----------------------------  --------------------    )  ----------------
                                                      )
/s/ Joel M. Evans, M.D.       Director                )
- ----------------------------                          )
Joel M. Evans, M.D.                                   )
                                                      )
                                                      )
/s/ Richard D. Hornidge, Jr.  Director                )
- ----------------------------                          )
Richard D. Hornidge, Jr.                              )
                                                      )
                                                      )
/s/ Rustin Howard             Director                )
- ----------------------------                          )
Rustin Howard                                         )
                                                      )
                                                      )
                              Chairman, President,    )  October 29, 2007
                              Chief Executive         )
                              Officer, Interim        )
                              Chief Financial Officer )
                              and Director            )
/s/ John B. Nano                                      )
- ----------------------------                          )
John B. Nano                                          )
                                                      )
                                                      )
/s/ William L. Reali          Director                )
- ----------------------------                          )
William L. Reali                                      )
                                                      )
                                                      )
/s/ Ralph S. Torello          Director                )
- ----------------------------                          )
Ralph S. Torello                                      )
                                                      )


                                       83