West Lafayette — Purdue University is opening up intellectual property rights to student-inventors who make technological breakthroughs using university resources.
Purdue President Mitch Daniels said Friday the change will "foster a culture of entrepreneurship" across Purdue's system.
The Journal & Courier reports that university policy could be strictly interpreted to make any invention created with university resources such as the use of a school laboratory subject to Purdue's ownership.
But Daniels says a new policy reinterpretation opens up intellectual property rights to student-inventors if they make their breakthroughs in a class where other students had access to the same resources.
Exceptions are students paid to create an invention or who are supported by a federal or corporate grant. They might share or cede property rights to Purdue or that funding agency.
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