This is an almost routine occurrence. On the written request of the inventor, if approved by LSU at LSU's discretion. A. One who conceives of an idea as it is ultimately reduced to practice. A. Two or more persons who materially contribute to the conception of an idea are co-inventors or joint inventors. A. Contact OIP for guidelines on how to keep laboratory notebooks for patent purposes.
Special rules apply.
When a patent is licensed, LSU still holds title to the patent. Only certain rights in the patent are granted to the licensee, under specific terms and conditions. Licensing is like leasing an apartment. LSU seldom sells a patent. An outright sale changes the ownership, just like selling a home.