US-based Pennsylvania State University, University of Minnesota and University of Minnesota have changed its intellectual property (IP) rules to potentially allow corporations that sponsor research at the academic institutions to keep the rights.

The Leonard and Madlyn Abramson Family Cancer Research Institute at the Abramson Cancer Center of the University of Pennsylvania has sued Craig Thompson (pictured) and healthcare companies Agios Pharmaceuticals and Celgene, in Federal Court, according to news provider Courthouse News.

The Leonard and Madlyn Abramson Family Cancer Research Institute at the Abramson Cancer Center of the University of Pennsylvania has sued Craig Thompson and healthcare companies Agios Pharmaceuticals and Celgene, in Federal Court, according to news provider Courthouse News.

SBIR spends $2.3bn per year in grants of up to $1m per start-up while STTR provides $275m.

The report, Competitiveness and Innovative Capacity of the United States, said the pace of university patenting, licensing of technology to industry, and the proliferation of university?linked startup companies slowed starting in 2000, a slowdown that persisted after the brief recession of the early 2000s.

People are being contacted by fraudsters in the name of the Blackberry Partners Fund and being asked for many of their private details.

Separately, Intel and Clearwire, which is majority-owned by phone operator Sprint Nextel, had been victims of an insider trading trial by hedge fund manager Raj Rajaratnam.

The Organisation for Economic Co-operation and Development (OECD), a group of the developed countries, in a report Regions and Innovation Policy said the richest 4% of regions accounted for one-third of all OECD growth over the 1995-2005 period.