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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]

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New post 03 Jun 2010, 07:12
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A
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D
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80% (01:46) correct 20% (01:51) wrong based on 1114 sessions

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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.

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Re: A new law gives ownership of patents-documents providing  [#permalink]

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New post 05 Jun 2010, 11:07
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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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New post 24 Jul 2010, 11:06
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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: A new law gives ownership of patents-documents providing  [#permalink]

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New post 06 Aug 2010, 10:24
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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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New post 16 Sep 2012, 05:07
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clearly 'D'.
If Government-sponsored research conducted at Logos University for the most part duplicates research already completed by several profitmaking corporations, then corporations would not be interested in research carried out by the govt sponsored research.
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Re: A new law gives ownership of patents-documents providing  [#permalink]

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New post 16 Sep 2012, 06:20
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A- Convoluted inference.
B- Availability of tax credits for Corporate sponsored research does not impact the given argument.
C- Irrelevant. No mention of Research scientists can be seen in the argument.
D- Directly attacks and weakens the conclusion which assumes that Corporations would be interested in buying the patents from the Universities.
E- Farfetched and an out-of the line prediction.
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Re: A new law gives ownership of patents-documents providing  [#permalink]

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New post 17 Sep 2012, 00:04
betterscore wrote:
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 the 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. -- > exclusive sponsors for ongoing projects. Does not weaken, rather OOS
(B) Corporate sponsors of research in university facilities are entitled to tax credits under new federal tax-code guidelines. - tax guidelines- OOS
(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. - kind of supports the argument .
(D) Government-sponsored research conducted at Logos University for the most part duplicates research already completed by several profitmaking corporations. - If the corporates already have those patents, why will they buy it again from Logos univ ?
(E) Logos University is unlikely to attract corporate sponsorship of its scientific research - does not weaken

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Re: A new law gives ownership of patents-documents providing  [#permalink]

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New post 15 Feb 2013, 22:10
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-documents providing  [#permalink]

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New post 29 Mar 2014, 03:32
D seems to be conflicting. If profit making corps already completed research then how can a university get exclusive rights? This is cearly stated in first sentence that university has the exclusive right for the research.

So the answer D is flawed.
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Re: A new law gives ownership of patents-documents providing  [#permalink]

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New post 04 Sep 2018, 10:28
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: A new law gives ownership of patents-documents providing &nbs [#permalink] 04 Sep 2018, 10:28
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