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Does NCSU sell intellectual property rights to third parties?

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Does NCSU sell intellectual property rights to third parties?

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Generally not. Rights are granted to a third party on either an exclusive or non-exclusive basis to manufacture, have manufactured, and/or sell or use the technology to create products or processes. Licenses are granted such that the intellectual property must be returned to The University if the third party fails to fully develop and commercialize the rights granted. A sale of technology generally means there is no provision for return.

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