fromIPWatchdog.com | Patents & Intellectual Property Law
1 week agoTaxpayers are Already Getting a Good Bang for Their University Research Buck
These proposals, if implemented, would significantly deter collaborations between researchers across government, academia, and the private sector, resulting in less innovation. Commerce Secretary Howard Lutnick recently proposed changing how the federal government funds scientific research at universities across the country. "I think if we fund it and [the universities] invent a patent, the United States of America taxpayer should get half" of the royalties when universities license those patents to private companies for further development, he suggested.
Intellectual property law