UNIVERSITY PARK, Pa, -- Next month, for the second time this year, Penn State plans to auction some of its U. S. patents online. Winning bidders will get licensing rights to patents derived from faculty research in a broad range of technical fields.
The first auction, held in April and believed to be the first of its kind in the nation conducted directly by a university, was not a huge financial success -- only two patents were licensed out of 73 on offer. It was nonetheless judged successful by other important measures.
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