| > most IP generated by grad students is not worth much I have heard this a lot. My counterargument is that if that is the case, why do they want the IP anyway? Of course they can say that the IP is half created by the professor, but on the other hand, isn't that what I am paying for the university? > where you see the commercial possibility from the beginning and aim to do that to start your company And yes, if you personally plan to have any stake in the IP you have to think this beforehand: you must have a stake in the private company that funds your studies. Otherwise (and in the best case, i.e. 50% split) the IP will just be split between the university and your funder. So, you have to start a company in order to ever own any IP personally. I was told that LLCs for PhDs are somewhat common nowadays by the university IP people. Generally, I think making a billion or a million dollars on my PhD project are extraordinarily slim, but it is not like these constraints exactly help either. The way I see it, is that I already take a financial toll in opportunity costs by doing a PhD. It is borderline charity when you also give the black-swan option to the university to own all proceeds if it ever becomes of significant impact, which I thought be the whole point of science. The whole DD process has been quite frustrating to me, as you can see, but it also makes me wonder how does the current system even produce anything worth of significance given the lacklustre incentives. Finally, FWIW, yes the topic is computer science: the IP restrictions do not concern any other subject. |