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Cambridge University Academics Agree Changes to IPR PolicyCreated by Stuart Yeates (University of Oxford) on December 23, 2005
Academics at Cambridge University have agreed to a package of intellectual property rights reforms which give the university more control over their money-making inventions. This changed the previous policy which had granted most rights to the academic. Academics will retain copyright in their written work under the new policy. Full Story in the Guardian (via JISCLegal)
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Patents and copyrights have substantial differences, in practice, with respect to university investment. This has led many US universities to treat them very differently with respect to faculty retention of ownership.
To oversimplify somewhat: The traditional scholarly works written by faculty, papers, art work, monographs, and text books, result primarily from time and effort on the part of the faculty member. In distinction, patents usually result from R&D done in university provided labs, and with legal work provided by university legal staff - resulting in a substantially greater university investment. Unsurprisingly, many universities want to share in the benefits from such investment.
Nevertheless, anytime there is even a possibility of money, there will be sure to be people fighting over it! :-)