IP policy shifts at major universities get rave reviews from corporate partners

摘要

In a bid to both fire up innovative output and attract more private funding for research, at least two major American universities have announced big shifts in their IP policies with respect to industry sponsored research. Breaking with past practices that were in line with the provisions of Bayh-Dole in the government-funded research arena, Penn State University (PSU) has decided that industry-sponsored research will no longer come with the mandate that any resulting IP be owned by the university.