COLUMBIA — University of Missouri System recruiters have a new selling point for prospective students. The system now allows students full ownership rights for the inventions they create on campus.
This week, the Kansas City-based Kauffman Foundation recognized the university system as a "commercialization leader" for the change in its policy and awarded UM a $100,000 grant to help fund student projects.
Mentioned later in the article is the Reynolds Journalism Institute iPhone student competition:
In February 2009, MU journalism undergraduate Anthony Brown and three others won the Reynolds Journalism Institute iPhone student competition for their creation of Nearbuy, a real estate search application for the iPhone.“We ended up submitting it to the Apple App Store,” Brown said.
“Companies were approaching us to monetize the application and enter into partnerships, and the university was exercising its right to ownership of the intellectual property of professors and employees.”
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