No mention of intellectual property rights? I was under the impression that if you worked on something original using university facilities, you have effectively given up your rights to anything that you come up with using those facilities. The university owns it all.
This used to be the case, but universities are getting better at this. Usually it's pretty easy to spin off a company, where the university retains some ownership. It's a win-win situation, really, a university is a great place to foster ideas, but not very good for bringing a product to market.
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No mention of intellectual property rights? I was under the impression that if you worked on something original using university facilities, you have effectively given up your rights to anything that you come up with using those facilities. The university owns it all.
This used to be the case, but universities are getting better at this. Usually it's pretty easy to spin off a company, where the university retains some ownership. It's a win-win situation, really, a university is a great place to foster ideas, but not very good for bringing a product to market.
Sometimes the university will give you a piece. I believe NYU gives you about 45%, for instance.