For Inventions received in the last year.
Issued since January 1, 2015.
And options executed in the last 14 months.
For answers to all your questions: 814-867-6328
Penn State significantly changed its approach to managing intellectual property resulting from industry-sponsored research effective July 1, 2012. These changes do not apply to research sponsored by federal funding agencies, the Commonwealth of Pennsylvania, or federal flow-through (federal government funding flowing through a company and subcontracted to Penn State). Penn State must follow federal law (the Bayh-Dole Act) when research is funded by federal funding agencies. Again, this ONLY applies to research funded solely by industry dollars.