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A new law gives ownership of patents documents providing

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A new law gives ownership of patents documents providing [#permalink] New post 03 Jun 2010, 06:12
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74% (02:20) correct 26% (01:22) wrong based on 27 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.

For me is between A and D
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Re: Logos [#permalink] New post 23 Jun 2010, 08:57
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Re: Logos [#permalink] New post 27 Jul 2010, 22:16
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dav373 wrote:
Whenever I looked at this problem I thought along the lines of, what would make the university not able to allocate funds towards undergraduate programs by not selling their patents.

I eliminated answer D last because it said that a lot of the research they perform is just a duplicate of work performed and completed by for-profit corporations. If it is duplicate research then they would never be awarded a patent which means that this option is irrelevant to the question. All this option states is that most of their research won't result in a patent which is 100% irrelevant (in my mind) to the argument.

I selected A because if the corporations are only willing to allocate their money as a sponsorship and not as outright buying the patents for cash, then the school would not be able to allocate money to their undergraduate program. All you would have is the government and corporations sponsoring additional research but that would not translate in to more money for undergraduate studies.


defintly D it is :wink:
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Re: Logos [#permalink] New post 06 Aug 2010, 09:24
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I've seen this one before. OA is D. I remember it only too well! I got this one wrong.
nusmavrik got the right explanation. :-) +1 to you!
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Re: A new law gives ownership of patents documents providing [#permalink] New post 01 Apr 2014, 22:16
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dipsy001 wrote:
Hey Chiranjeev,

Thanks for explaining this at length, however I'm still not clear :) :(

I realize after you pointed out, that my query w.r.t. to point D is not same as dav373. Sorry for adding the confusion.

When I read the question, I consider it a given that universities own the patent. The argument clearly states it.


Hi Dipsy001,

Where does the argument say that (clearly)? Also, option D is specifically about Logos university. So, do you mean that the argument clearly states that Logos university has patents? I think the argument first talks about universities in general and then specifically about the plan of Logos university.

dipsy001 wrote:
Now even if corporations have completed similar research (before or after universities doesn't matter), they wont be able to use their own research, since the universities own the patent for the research. Corporations will have to buy patents from universities before they can use the technology/research.

Option D
(D) Government-sponsored research conducted at Logos University for the most part duplicates research already completed by several profit-making corporations.

If govt sponsored research duplicates research completed by several profit-making corporations, there are only 2 possibilities ->1) corps file the patent first and get it 2) universities file the patent first and they own it. Since, we are not talking about corps filed patents, we can ignore those. For the patents that universities own, even if corps have done duplicate research, they will have to buy the patent from universities.


This part is relevant only if we know that Logos university has patents. So, I am waiting for your revert on my above question.

dipsy001 wrote:
Now option A

(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.

The statement as it stands says that companies would want to be exclusive sponsors of research projects. If we say that universities may make it a condition for anyone becoming an exclusive sponsor to also fund undergraduate teaching. Wouldn't that be an additional assumption, which the choice doesn't state?


Yes, that would be an additional assumption, which you don't need to make. I just gave it as an example. My main reason for rejection was something else: doing one thing does not exclude you from doing the other thing. Would you like to read my explanation again for option A?

dipsy001 wrote:
On the other hand, an assumption such as 'corps would want to be exclusive sponsors of research projects only if they can use the research later without buying the patents' seems more likely. Corps wont want to fund the projects for free.

Now, this assumption is more likely than the previous one. I agree. But it does not mean that we can make this assumption. What if exclusive sponsorship just gives the corporation a right of first refusal to the patent? In such a case, they will in any case need to buy the patent but they will have the first right to buy it. Also, even if the exclusive sponsor does not need to buy this patent, there might be other corporations who will be interested in buying this patent.

dipsy001 wrote:
This leaves the universities without a sponsor for their undergraduate teaching programs.

Cannot say this based on above explanation.

Thanks,
Chiranjeev
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Re: Logos [#permalink] New post 03 Jun 2010, 08:30
D
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Re: Logos [#permalink] New post 03 Jun 2010, 18:46
D
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Re: Logos [#permalink] New post 05 Jun 2010, 10:07
D it is.

Administrators at Logos university are planning to make profits by selling their patents to corporations.

Which option will hurt their plan?

Government-sponsored research conducted at Logos University duplicates research already completed by several profit-making corporations.

If the research is already completed by corporations than why would corporations buy the patents of same research from Logos university and this in effect tends to hurt the administrators plan.
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Re: Logos [#permalink] New post 05 Jun 2010, 20:44
D
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Re: Logos [#permalink] New post 15 Jun 2010, 11:39
Can we think in terms of option C?
Plan is saying, sell patents for $$ to improve ---> undergrad education.

Option C says research scientists have no or limited role in teaching... means admins are selling it for something else but not for improving teaching.
I know this is not mentioned in argument but in weaken questions, we can have information not mentioned in the argument directly but weakens conclusion.

Any thoughts??
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Re: Logos [#permalink] New post 15 Jun 2010, 19:16
200% D
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Re: Logos [#permalink] New post 15 Jun 2010, 20:23
rg1 wrote:
Can we think in terms of option C?
Plan is saying, sell patents for $$ to improve ---> undergrad education.

Option C says research scientists have no or limited role in teaching... means admins are selling it for something else but not for improving teaching. >>> Don't think it impacts "ownership". Who owns will sell. D has a direct impact on ownership of the research. And copying a patent is illegal by any means.

Hence C is OUT.

I know this is not mentioned in argument but in weaken questions, we can have information not mentioned in the argument directly but weakens conclusion.

Any thoughts??

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Re: Logos [#permalink] New post 16 Jun 2010, 00:06
There is one more thing here. If the research programs are duplications of the ones conducted by the private corporations, there is a very little chance that they in fact can register any patents. So the plan to sell those to fund the undergraduate teaching might not be viable.

Please correct me if I'm wrong
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Re: Logos [#permalink] New post 16 Jun 2010, 05:11
@vijayvenky I was thinking on similar lines...attack selling for $$ making 'act' or improve education... I attacked motive, improving education.
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Re: Logos [#permalink] New post 24 Jul 2010, 10:06
Whenever I looked at this problem I thought along the lines of, what would make the university not able to allocate funds towards undergraduate programs by not selling their patents.

I eliminated answer D last because it said that a lot of the research they perform is just a duplicate of work performed and completed by for-profit corporations. If it is duplicate research then they would never be awarded a patent which means that this option is irrelevant to the question. All this option states is that most of their research won't result in a patent which is 100% irrelevant (in my mind) to the argument.

I selected A because if the corporations are only willing to allocate their money as a sponsorship and not as outright buying the patents for cash, then the school would not be able to allocate money to their undergraduate program. All you would have is the government and corporations sponsoring additional research but that would not translate in to more money for undergraduate studies.
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Re: Logos [#permalink] New post 27 Jul 2010, 22:15
I Chose A over D ................

what was explained above was perfect its very very close ............D ...what if other few corporations want to use these patents ?

OA please

Last edited by vudsri000 on 28 Jul 2010, 07:49, edited 2 times in total.
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Re: Logos [#permalink] New post 28 Jul 2010, 07:51
Too much of confusion whats the OA ........
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Re: Logos [#permalink] New post 28 Jul 2010, 07:58
d my take
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Re: Logos [#permalink] New post 31 Jul 2010, 02:28
I choose D
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Re: Logos [#permalink] New post 06 Aug 2010, 20:08
D D D!
Re: Logos   [#permalink] 06 Aug 2010, 20:08
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