Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.

Submission Preview

Link to Story

How universities aid and abet patent trolls.

Accepted submission by AnonTechie at 2014-05-08 10:44:26
/dev/random
How universities aid and abet patent trolls.

A few weeks ago, administrators at Penn State University did something they believed had never been attempted in American academia: The school put about 70 engineering patents up for auction and tried to sell them to the highest bidder. They weren't so successful-not many patents sold-but the project has disturbing implications. What if all this intellectual property, based on research done at a public institution, were to end up in the hands of someone less interested in innovation than in hauling companies to court ? What if Penn State auctioned its inventions to a greedy patent troll ?

http://www.slate.com/articles/technology/history_o f_innovation/2014/05/patent_trolls_universities_so metimes_look_a_lot_like_trolls.single.html [slate.com]

Original Submission