March 16, 2007
New Guidelines Suggested for Licensing of Academic Inventions
Eleven of the universities that are the most active and successful in commercializing their inventions issued a series of suggestions last week for how institutions can best license their patents while serving the public good.
Among the suggestions: sue only when necessary; avoid licensing patents to companies that do not seriously commit to developing the inventions; be more stingy about exclusive licenses; and, particularly for inventions related to human health, find ways to carve
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