The relationship serves as a cautionary tale.

Cisco Systems, the American multinational that designs, manufactures and sells networking equipment, was launched by Stanford graduates Leonard Bosack and now wife Sandy Lerner established in December 1984. The company was originally based on Stanford’s campus – until they were asked to leave.

Cisco’s pioneering product, a multi-protocol technology, was developed by Bosack and Lerner to allow communication between their respective departments on campus. Stanford requested the company pay a fee for having used its resources and premises and, in…