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by cowsandmilk 3354 days ago
> Grants, green cards, and IP rights are the three pillars of research funding in the US

IP rights are definitely not a pillar of research funding. The majority of universities lose money on their tech transfer offices[1].

[1] http://www.nytimes.com/2013/11/21/education/patenting-their-...

1 comments

This. But the majority of these tech transfer offices are more like Berkeley's, jealously guarding their prerogatives rather than promoting students and faculty interests.

Stanford's model is that alumni who do well are generous. Also, alumni startups are like all startups, strapped. So unlike Berkeley, which wants their cut upfront, Stanford is patient.