> In return, they cover the legal, patent, and marketing costs to get the product to market, or to find some company that would want to market it. Given the number of things that are created in a university, the process of selecting which items to pursue is long and involved.
Translation: the university is where your IP goes to die. The professor in this article (sorry, couldn't find a complete one anywhere) http://www.highbeam.com/doc/1G1-13985948.html is a family friend, and his invention (violin bow made for <$10 in parts that beats >$1000 bows in blind tests) is 100% legit, but last I knew the University of South Florida was just sitting on it. He was still experimenting and building bows for himself and friends, but there was nothing he could do to actually get it to market.
Comments
> In return, they cover the legal, patent, and marketing costs to get the product to market, or to find some company that would want to market it. Given the number of things that are created in a university, the process of selecting which items to pursue is long and involved.
Translation: the university is where your IP goes to die. The professor in this article (sorry, couldn't find a complete one anywhere) http://www.highbeam.com/doc/1G1-13985948.html is a family friend, and his invention (violin bow made for <$10 in parts that beats >$1000 bows in blind tests) is 100% legit, but last I knew the University of South Florida was just sitting on it. He was still experimenting and building bows for himself and friends, but there was nothing he could do to actually get it to market.