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> Grants, green cards, and IP rights are the three pillars of research funding in the US IP rights are definitely not a pillar of research funding. The majorit
by cowsandmilk 10y ago
> Grants, green cards, and IP rights are the three pillars of research funding in the US
IP rights are definitely not a pillar of research funding. The majority of universities lose money on their tech transfer offices[1].
[1] http://www.nytimes.com/2013/11/21/education/patenting-their-discoveries-does-not-pay-off-for-most-universities-a-study-says.html http://www.nytimes.com/2013/11/21/education/patenting-their-...
- CalChris 10y agoThis. But the majority of these tech transfer offices are more like Berkeley's, jealously guarding their prerogatives rather than promoting students and faculty interests. Stanford's model is that alumni who do well are generous. Also, alumni startups are like all startups, strapped. So unlike Berkeley, which wants their cut upfront, Stanford is patient.