Responses to this item present a very negative view of Universities. My own does not own student work by default but, if developed with Faculty or using university equipment, will ask students to assign their rights. This is not a bad thing, on the contrary. I usually recommend it to my students! The University pays for securing protection, as appropriate, and gives professional advice. It funds proof of concept development. It provides training and support for student entrepreneurs, including incubating start-ups. It lends a powerful brand to licensing deals. The University has an advantageous profit sharing deal and does not take a large slice of equity from start-ups. Holding the IP, if an acquirer goes broke the University can still help the student to get the IP exploited.
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my suggestion - go work with Barbara Ryder at Rutgers http://www.cs.rutgers.edu/~ryder/
Responses to this item present a very negative view of Universities. My own does not own student work by default but, if developed with Faculty or using university equipment, will ask students to assign their rights. This is not a bad thing, on the contrary. I usually recommend it to my students! The University pays for securing protection, as appropriate, and gives professional advice. It funds proof of concept development. It provides training and support for student entrepreneurs, including incubating start-ups. It lends a powerful brand to licensing deals. The University has an advantageous profit sharing deal and does not take a large slice of equity from start-ups. Holding the IP, if an acquirer goes broke the University can still help the student to get the IP exploited.