Lake Martin Topics: It depends

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	Name:	MartiniMan -
	Subject:	It depends
	Date:	2/20/2013 3:45:26 PM

On the contract they have with OSU as to who owns patents and the rights to them. Many universities have entered into employment contracts that allow the researcher to own and financially benefit from the technology they develop but most have a sharing agreement and some have complete control. If he negotiated a contract that allows him to own and financially benefit from the patents it seems to me very fair. Similar case was a researcher at Wake Forest developed a wound healing technology that was patented and licensed. Both the school and the inventors financially benefited but the school much more so. That technology generated hundreds of millions in royalties and everyone involved was happy.

As for the federal government grant, again if the terms of the grant allow him to financially benefit then I have no problem. Maybe the govt needs to be smarter about this.

Other messages in this thread:

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Good news, business as usual! - Lifer - 2/20/2013 3:25:14 PM

Good news, business as usual! - MrHodja - 2/20/2013 3:34:17 PM

Good news, business as usual! - Lifer - 2/20/2013 3:38:44 PM

It depends - MartiniMan - 2/20/2013 3:45:26 PM

Cogent points all..... - Lifer - 2/20/2013 4:22:47 PM

Cogent points all..... - Lakewood - 2/26/2013 1:22:46 PM

Cogent points all..... - Lifer - 2/27/2013 10:47:03 AM

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