MIT Media Lab - Intellectual Property

Intellectual Property

Companies sponsoring the Lab at the "consortium" level or higher can share in the Lab’s intellectual property without paying license fees or royalties. Non-sponsors are precluded from making use of Media Lab developments for at least two years after technical disclosure is made to MIT and Media Lab sponsors. The Media Lab generates approximately 20 new patents every year.

Read more about this topic:  MIT Media Lab

Famous quotes containing the words intellectual and/or property:

    Can a woman become a genius of the first class? Nobody can know unless women in general shall have equal opportunity with men in education, in vocational choice, and in social welcome of their best intellectual work for a number of generations.
    Anna Garlin Spencer (1851–1931)

    Only the old are innocent. That is what the Victorians understood, and the Christians. Original sin is a property of the young. The old grow beyond corruption very quickly.
    Malcolm Bradbury (b. 1932)