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Student IP Ownership Models

This baseline intellectual property management section is Draft v0.1 to be contained inside a larger document proposal and supports an earlier concept diagram located in this online portfolio. This draft intellectual property management document discusses the different between IP ownership and revenue sharing and recommends a method of creating a multi-party IP management model. Author: Matthew D Edwards

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Matthew D Edwards
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138 views1 page

Student IP Ownership Models

This baseline intellectual property management section is Draft v0.1 to be contained inside a larger document proposal and supports an earlier concept diagram located in this online portfolio. This draft intellectual property management document discusses the different between IP ownership and revenue sharing and recommends a method of creating a multi-party IP management model. Author: Matthew D Edwards

Uploaded by

Matthew D Edwards
Copyright
© Attribution Non-Commercial ShareAlike (BY-NC-SA)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd

DRAFT DOCUMENT CONTENTS

DraftIntellectualPropertyManagement
It is my recommendation that intellectual property remain the exclusive property of those who identified the problem and solution paths for the program. For example, should a team of students arrive at a highly marketable idea that solves an important societal problem, whether they get picked up by companies as full-time employees to solve the problem for salary, are hired as consultants, some are hired and others not, or are not hired at all, the intellectual property rights of the problem and solution path remain the property of the student team and their mock-turned-real company. For a team IP owner to sell his/her IP stake requires unanimous approval of the remaining IP ownership team members. No single nonteam member or collective may own more than 49% of the IP rights in order to keep the IP rights in the hands of the originators. We are discussing intellectual property ownership rights. Revenue is another matter for discussion.

I submit that Example Two has a higher probability of creating a self-sustaining, self-replicating long-term innovation and incubation model sponsored by private, public and government sectors.

Example One IP Ownership and Revenue Sharing Model Student team IP ownership: Student team IP revenues: Sponsoring Home University revenue sharing: Sponsoring Companies revenue sharing: Length of Student Team IP ownership: Length of Student Team revenue splits: Length of Revenue Sharing with Sponsors: 100% / # Competing Team Members 100% / # Competing Team Members 0% 0% / # Direct team-sponsoring companies 99 years 99 years 0 years

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Matthew D Edwards

Example Two IP Ownership and Revenue Sharing Model Student team IP ownership: Student team IP revenues: Sponsoring Home University revenue sharing: Sponsoring Company revenue sharing: Length of Student Team IP ownership: Length of Student Team revenue splits: Length of Revenue Sharing with Sponsors: 100% / # Competing Team Members 50% / # Competing Team Members 25% 25% / # Direct team-sponsoring companies 99 years 99 years 10 years

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Ed

There are multiple approaches to managing the intellectual property. Expectedly the student teams will be challenged with those who would exploit their ideas, efforts and particularly their successes. To build a successful program will be to protect the interests of the students for whom the universities themselves, let alone this program exist.

In terms of revenue we have a different conversation than intellectual property ownership. To own the IP and make money from the IP is a useful differentiation for the purposes of creating a self-sustaining intra- and inter-university cross-country competition.

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Monday, July 9, 2012 [Link]

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