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A new law gives ownership of patents documents providing

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Joined: 26 Jul 2011
Posts: 131
Location: India
WE: Marketing (Manufacturing)
Followers: 1

Kudos [?]: 42 [0], given: 15

A new law gives ownership of patents documents providing [#permalink] New post 15 Feb 2013, 03:00
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E

Difficulty:

  25% (medium)

Question Stats:

83% (02:13) correct 17% (01:06) wrong based on 30 sessions
A new law gives ownership of patents—documents providing exclusive right to make and sell an invention—to universities, not the government, when those patents result from government-sponsored university research. Administrators at Logos University plan to sell any patents they acquire to corporations in order to fund programs to improve undergraduate teaching.

Which of the following, if true, would cast most doubt on the viability of the college administrators’ plan described above?

(A) Profit-making corporations interested in developing products based on patents held by universities are likely to try to serve as exclusive sponsors of ongoing university research projects.
(B) Corporate sponsors of research in university facilities are entitled to tax credits under new federal tax-code guidelines.
(C) Research scientists at Logos University have few or no teaching responsibilities and participate little if at all in the undergraduate programs in their field.
(D) Government-sponsored research conducted at Logos University for the most part duplicates research already completed by several profit-making corporations.
(E) Logos University is unlikely to attract corporate sponsorship of its scientific research.
[Reveal] Spoiler: OA
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Joined: 24 Jul 2011
Posts: 557
GMAT 1: 780 Q51 V48
GRE 1: 1540 Q800 V740
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Kudos [?]: 288 [0], given: 11

Re: A new law gives ownership of patents [#permalink] New post 15 Feb 2013, 21:10
The university is planning to sell patents that are the result of govt funded research in order to fund its undergraduate teaching program. Notice that the stem asks us about the answer choice that casts the most doubt on the validity of the plan.

[A]: Even if corporations try to serve as exclusive sponsors, the university will still get sponsorship as well as money from selling the patents. This does not cast any doubt on whether the plan will work. Incorrect.
[B]: Tax credits to corporate sponsors are irrelevant for the university, and if anything they only encourage corporations to sponsor research. Incorrect.
[C]: The teaching need not be done by the research scientists alone. Incorrect.
[D]: CORRECT. If govt-sponsored research duplicates corporate research, corporate organizations will have no interest in the research or patents, and so will not buy the patents. This puts the whole plan in jeopardy.
[E]: This is not a problem. The programs are already govt funded. Incorrect.
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Re: A new law gives ownership of patents   [#permalink] 15 Feb 2013, 21:10
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