Friday, January 20, 2012

High court ruling pushes schools to secure patent rights

Pressed by a Supreme Court decision that could cost universities billions of dollars in royalties, institutions are fine-tuning their intellectual property agreements with researchers.
The short-term impact of these new forms, which assign IP rights to research institutions, is a few lost minutes to sign on the dotted line. The long-term affect, one expert argues, could cripple innovation in a range of fields, including drug development.

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