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.

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.

Previously, the Penn State university owned the intellectual rights and controlled the use of technology that came from faculty research but in the future negotiations about ownership will take place with consultation from the involved faculty, according to news provider Centre Daily.com.

The IP rules don’t apply…

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