University Patent Rights
/ˌjuːnɪˈvɜːrsəti ˈpætənt raɪts/
Definitions
- (n.) Legal rights owned or controlled by a university regarding inventions and patents developed within its domain, often arising from research funded by the institution or public grants.
The university asserted its university patent rights to commercialize the new technology developed by its researchers.
- (n.) A framework of policies and laws governing the ownership, management, and licensing of patents generated in academia.
University patent rights policies vary widely and affect technology transfer outcomes.
Forms
- university patent rights
Related terms
See also
Commentary
University patent rights often implicate public funding statutes and technology commercialization strategies; clarity in contract and policy drafting is essential to delineate ownership and revenue-sharing.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.