Intellectual Property
Companies sponsoring the Lab at the "consortium" level or higher can share in the Lab’s intellectual property without paying license fees or royalties. Non-sponsors are precluded from making use of Media Lab developments for at least two years after technical disclosure is made to MIT and Media Lab sponsors. The Media Lab generates approximately 20 new patents every year.
Read more about this topic: MIT Media Lab
Famous quotes containing the words intellectual and/or property:
“I hardly know an intellectual man, even, who is so broad and truly liberal that you can think aloud in his society. Most with whom you endeavor to talk soon come to a stand against some institution in which they appear to hold stock,—that is, some particular, not universal, way of viewing things. They will continually thrust their own low roof, with its narrow skylight, between you and the sky, when it is the unobstructed heavens you would view.”
—Henry David Thoreau (1817–1862)
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