Who owns the patent?
Under UW Intellectual Property Policy, UW inventors are required to assign the rights to any patents on inventions made using UW resources to the University. In exchange, the University manages and licenses the patent on the inventor’s behalf, and pays inventors a share of the royalties earned from commercialization of the patented technology.
Under US law, only the original inventor of the claimed subject matter, and their assignees, can apply for a patent. Rowan inventors under the Rowan Intellectual Property Policy are required to assign the rights to any patents made using Rowan resources to the University. In exchange, the University manages and licenses the patent on your behalf, and pays you a share of the royalties it earns from commercialization of the patent.