Who owns federally funded inventions?

Recently, the Supreme Court reaffirmed the principle that an inventor has the right to patent his or her invention. Although this principle is rooted in the Constitution itself, the focus of the case had a decidedly modern twist. For anyone involved in the business of innovation – universities, inventors, start-up companies and companies seeking to collaborate with university researchers – the case underscores the importance of clarifying who owns what at the very earliest stages of the patent process.

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