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by omarchowdhury 3341 days ago
The funding the scientist is seeking is a pittance compared to MIT's endowment, especially considering they own his patents, they should be funding it.
2 comments

MIT Lincoln Labs is owned by MIT but operated relatively independently. It is funded, AFAIK from defense spending. Although I'm slightly surprised it wasn't moved to MIT the University.
I believe that Lincoln Labs was intentionally setup separately because MIT pledged not to do any weapons/defense related research. We have something similar with Georgia Tech and GTRI, but probably not for the same reason.
under Bayh-Dole I would expect them to get 33%-33%-33% or 60%-40%, something like that? That's how it works for mine.