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US universities lose millions of dollars chasing patents, research shows

By Joshua M. Pearce, John M. Thompson Chair in Information Technology and Innovation and Professor, Western University

Every year, American universities spend millions of dollars patenting inventions developed on their campuses. Big names such as Stanford and the University of California system lead the pack in patent activity, but hundreds of other universities are also trying to strike gold by monetizing intellectual property. The idea is simple: By investing in patents and…

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