Intellectual Property Protection
Patent, Copyright, and Trademark protection provides the owner of the intellectual property with the right to exclude others from practicing the invention for a set period of time. This barrier to entry is a competitive advantage to the owner of the IP rights. Licensing these rights to companies is often the only way to commercialize the technology and make the technology available to the general public. Without the competitive advantage offered by the right to exclude others, a company would be unwilling to invest the necessary resources to further develop and commercialize the invention.
Under the KSU Intellectual Property Policy, inventors, the inventors' departments, and the University can benefit financially from licensing IP rights for commercialization.