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Living Room / Re: Open source cell phone projects.
« Last post by 40hz on September 19, 2012, 01:50 PM »What about MIT? Why do they bother experimenting with the cell technology in the way I describe? They're not doing anything new...the cell companies already have done the research and have figured anything out. So MIT research is not helping them...and they're not allowed to use it, so what is the point?-superboyac (September 19, 2012, 01:34 PM)
MIT patents most everything they come up with. They never willingly relinquish title to IP. Licensing is a very lucrative business for MIT. And many other universities as well.
13.1.2 Significant Use of MIT-Administered Resources
When Intellectual Property is developed by MIT faculty, students, staff, visitors, or others participating in MIT programs using significant MIT funds or facilities, MIT will own the Intellectual Property. If the material is not subject to a sponsored research or other agreement giving a third party rights, the issue of whether or not a significant use was made of MIT funds or facilities will be reviewed by the inventor's/author's laboratory director or department head, and a recommendation forwarded to the Technology Licensing Office (TLO). The Vice President for Research will make the final decision on this issue and on any dispute or interpretation of policy relating to Intellectual Property.
13.1.4 Invention and Proprietary Information Agreements
All members of the MIT community — including visiting scientists and fellows — who participate in either sponsored research or Institute-funded research or who use significant funds or facilities administered by the Institute must agree to the terms in MIT's Invention and Proprietary Information Agreement and sign the agreement. By accepting such funds or using such significant facilities, the individual agrees to assign to MIT or its designate his or her title to Intellectual Property created through the use of such funds or facilities.
And it will become even more profitable in the near future when the US joins the rest of the world in the "first to file" rather than the "first to invent" rule when it comes to awarding patents.

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