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Abstract With the topic “patents from universities”, the article deals with a current problem of university policy that up to now only has been discussed in detail and controversially within the political context. It intents an economic analysis of the recent legal changes regarding the abolition of the privilege of full professors on university inventions (Hochschullehrerprivileg). By this, the universities are granted the right of use and exploitation of inventions emanating from such institutions. The article analyses the conflict between the traditional publication as well as the public disposal of research outcomes and the possible exploitation strategies on new findings generated by universities. Based on the Intellectual Property Rights Theory it discusses different uses of university patents and draws conclusions for an university patent policy pointing out implications for research and teaching activities, the financing of universities as well as their role in innovation policy.
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