The University is looking for more streamlined ways of distributing the money and officials are talking about how best to use the money for research support, he said. Roughly one in 10 Brown inventions make a profit, Jackson said. So far, that's about 40 license deals of 450 discoveries disclosed to the University since the research foundation began reviewing them in 1982. The provost knows about it. She's been supportive.
Budgets are tight.
A case has to be made to the Corporation that we have an opportunity here. That attitude needn't be here because it doesn't interfere with anyone's freedom, but it's a potential to make money for everybody concerned. The research foundation would need to expand to handle more patents, faculty members say. The research foundation is a two-person operation that expects to add a third licensing professional. Science is moving fast and you cannot go slow on these things.