[amelius]

> But in this case, a research institution is getting more money, presumably to be able to fund further research.

Yes, research that can't be used for reasonable amounts of money, and therefore out of reach for startups.

[dev_tty01]

Sorry, but your comment is completely wrong.

https://innovation.caltech.edu/startups/

[gowld]

Those are Caltech startups, not other startups using Caltech inventions.