Techdirt: Nathan Myhrvold Now Capitalizing On Failed University Patent Intitiatives
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Started by: zoobabzoobab
Date: 20 Nov 2008 21:57
Number of posts: 1
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Summary:
Universities quickly set up "technology transfer" offices, with the idea of selling off patents for tons of money, but the vast majority of universities discovered that such technology transfer offices cost a lot more than they made, and so they were a drain on university resources (you know, which could have gone to basic research). On top of that, the new focus on patenting everything caused researchers to be much more afraid to share ideas and concepts with colleagues, greatly diminishing the value of research or the ability of researchers to explore other areas where colleagues might have already applied for patents, for fear of "infringing."
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