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Why is the contract/grant information important to WVU?

contract WVU
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Why is the contract/grant information important to WVU?

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Under federal law, the university is required to report to the government inventions created under sponsored research. If the University decides not to keep title to the invention then the government has the rights to it. Nongovernmental sponsors may also have IP clauses and obligations attached to such sponsorship with which the university must comply.

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