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Young inventors prompt colleges to revamp rules

from The Associated Press via Google News

Tony Brown didn't set out to overhaul his college's policies on intellectual property. He just wanted an easier way of tracking local apartment rentals on his iPhone. The University of Missouri student came up with an idea in class one day that spawned an iPhone application that has had more than 250,000 downloads since its release in March 2009. The app created by Brown and three other undergraduates won them a trip to Apple headquarters along with job offers from Google and other technology companies. But the invention also raised a perplexing question when university lawyers abruptly demanded a 25 percent ownership stake and two-thirds of any profits. Who owns the patents and copyrights when a student creates something of value on campus, without a professor's help? more


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