1. Which one of the following most accurately summarizes the main point of the passage?(A) While institutions expect to prosper from increased research support and royalties from patentable products resulting from faculty inventions, if they do not establish clear-cut policies governing ownership of these inventions, they run the risk of losing faculty to research corporations or commercial consulting contracts.
(B) The fourfold classification of institutional policies governing exploitation of faculty inventions is sufficient to categorize the variety of steps institutions are taking to ensure that faculty inventors will not be lured away by commercial firms or research corporations.
(C) To prevent the loss of faculty to commercial firms or research corporations, institutions will have to abandon their insistence on retaining maximum ownership of and profit from faculty inventions and adopt the common-law presumption that faculty alone own their inventions.
(D) While the policies of most institutions governing exploitation of faculty inventions seek to maximize university ownership of and profit from these inventions, another policy offers faculty greater flexibility to pursue their commercial interests by regarding faculty as the owners of their intellectual products.
(E) Most institutional policies governing exploitation of faculty inventions are indefensible because they run counter to common-law notions of ownership and copyright, but they usually go unchallenged because few faculty members are aware of what other options might be available to them.
2. Which one of the following most accurately characterizes the author’s view regarding the institutional intellectual property policies of most universities?(A) The policies are in keeping with the institution’s financial interests.
(B) The policies are antithetical to the mission of a university.
(C) The policies do not have a significant impact on the research of faculty.
(D) The policies are invariably harmful to the motivation of faculty attempting to pursue research projects.
(E) The policies are illegal and possibly immoral.
3. Which one of the following institutions would NOT be covered by the fourfold classification proposed by Chew?(A) an institution in which faculty own the right to some inventions they create outside the institution
(B) an institution in which faculty own all their inventions, regardless of any circumstances, but grant the institution the right to collect a portion of their royalties
(C) an institution in which all inventions developed by faculty with institutional resources become the property of the institution
(D) an institution in which all faculty inventions related to public health become the property of the institution
(E) an institution in which some faculty inventions created with institutional resources remain the property of the faculty member
4. The passage suggests that the type of institution in which employees are likely to have the most uncertainty about who owns their intellectual products is the(A) commercial firm
(B) supramaximalist university
(C) maximalist university
(D) resource-provider university
(E) faculty-oriented university
5. According to the passage, what distinguishes a resource-provider institution from the other types of institutions identified by Chew is its(A) vagueness on the issue of what constitutes university as opposed to nonuniversity resources
(B) insistence on reaping substantial financial benefit from faculty inventions while still providing faculty with unlimited flexibility
(C) inversion of the usual practices regarding exploitation of faculty inventions in order to give faculty greater flexibility
(D) insistence on ownership of faculty inventions developed outside the institution in order to maximize financial benefit to the university
(E) reliance on the extent of use of institutional resources as the sole criterion in determining ownership of faculty inventions
6. The author of the passage most likely quotes one study of entrepreneurship in lines 16–19 primarily in order to(A) explain why institutions may wish to develop intellectual property policies that are responsive to certain faculty needs
(B) draw a contrast between the worlds of academia and business that will be explored in detail later in the passage
(C) defend the intellectual property rights of faculty inventors against encroachment by the institutions that employ them
(D) describe the previous research that led Chew to study institutional policies governing ownership of faculty inventions
(E) demonstrate that some faculty inventors would be better off working for commercial firms
7. The passage suggests each of the following EXCEPT:(A) Supramaximalist institutions run the greatest risk of losing faculty to jobs in institutions more responsive to the inventor’s financial interests.
(B) A faculty-oriented institution will make no claim of ownership to a faculty invention that is unrelated to public health and created without university involvement.
(C) Faculty at maximalist institutions rarely produce inventions outside the institution without using the institution’s resources.
(D) There is little practical difference between the policies of supramaximalist and maximalist institutions.
(E) The degree of ownership claimed by a resource-provider institution of the work of its faculty will not vary from case to case.