Looks like they are going to monetise this technology at some point given the disclaimer at the bottom of the page. This is not wrong. But it feels like a PR exercise dressed up as something academic which is a little creepy.
Looks like they are going to monetise this technology at some point given the disclaimer at the bottom of the page. This is not wrong. But it feels like a PR exercise dressed up as something academic which is a little creepy.
Some professors have “hard money” jobs where the university covers most/all of their salary; startup packages that are meant to help you get a grant are pretty common, as are fellowships or TAships for students.
However, I don’t think most universities cover much of the actual research expenses.
As for the patent, most places offer a split with the inventor, and may not patent everything; they have a right of first refusal though.
It is also notable that in Canada (almost?) all large research universities are public institutions: University of Toronto, McGill, Queen's, University of British Columbia, University of Alberta, etc. I imagine the calculus would have been different if the university was itself a private corporation.
It is if the research was paid for by the public.
It's not like Instagram are going to pass the cost of licensing on to users.
But if the taxpayers who funded the research have to license the technology to use it, that's just robbery.
Maybe this is "robbery" (which is not what that word means), but you still get the benefits of living near open space (no car-owners living there, trees turning CO2 into oxygen, bees pollinating your flowers), etc. All in all, it doesn't seem too bad. (It is $26 a round, btw.)
Research universities fill a similar role. They are good to have around, even if you can't monetize their research for free. There are other benefits.
> Research universities fill a similar role. They are good to have around, even if you can't monetize their research for free. There are other benefits.
I did not claim that the downside of granting patents to universities is so large that universities should not exist at all. Only that it would be better and more just to not grant them patents based on publicly funded research.
I think the whole point of that project is that yo udon't need a chart.