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24. Designing Public-Private Transactions in the Private Sector
Pages 175-179

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From page 175...
... Finally, I will discuss 10 alternative licensing models that can often do a better job of spreading knowledge. INTELLECTUAL PROPERTY VERSUS THE PUBLIC DOMAIN It is easy to forget that intellectual property (IP)
From page 176...
... In other words, stick with the exclusive licensing model. The third reason that exclusive licenses are popular is that universities tend to produce embryonic ideas.
From page 177...
... The Research Corporation figured that if it got enough cyclotron patents it could make cheap versions of radium and corner the medical isotopes market. Now, as most of you know, World War II and the Manhattan Project intervened, so that medical isotopes became plentiful.
From page 178...
... My background paper for this conference describes a deal between a corporation called Synx and a biology database called the Human Genome Database.2 Synx would have received the right to produce a premium version of the Human Genome Database; in return, it would have paid royalties and delivered certain software to make the public-domain version stronger. The third model involves offering academic users a different, cheaper subscription rate.
From page 179...
... You can even imagine a day when NIH shows up at negotiations between the private sector and the academics and says, "I'll chip in some money if you loosen these restrictions." That will require some heroic changes, but it is not fundamentally unreasonable. In fact, NIH has already become much more willing to write regulations that tell people to make sure that any privatesector deals include particular provisions.


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