Some models have a separate board for each institution. Private institution tend to have boards of trustees. These overseeing boards are referred to as governing boards. In Kansas there a Board of Regents. It includes original works which tend to be transitory and differ from other forms of property.
Works resulting in patents and copyrights tend to be the consequence of intellectual property.
These policies are often referred to as intellectual property rights policies. An invention is the creation of something in original form. Typically an invention refers to the design and development of something in original which performs a function. New inventions can be protected by law. The legal provision which grants an individual or an organization the exclusive right to make, use or sell the invention is called a patent.