; Universities And The Commercialization Of Intellectual Property
"Universities are, as McLuhan came to understand from his career as a
professor, bureaucratic institutions -- risk-averse and prone to
discriminate against whatever is politically incorrect. This
characteristic is also true of modern research universities, glorified
though they are as idea factories.
Administrators might talk up breakthroughs and research acumen, but a
typical university will nevertheless direct its resources toward things
other than the commercialization of innovations
that emerge on campus. When business owners inquire about accessing
those innovations, many schools hem and haw, unsure of how to proceed
because “those who can’t do, teach,” all the while demanding concessions
from the private sector that amount to administrators wanting to have
their IP cake and eat it, too."
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