Outstanding Issues Give IP to the faculty member The University of Wisconsin at Madison currently does this. The long-term solution is economic growth in the community requiring more business travel. Entrepreneurial activity on the part of junior tenure track faculty should probably not be encouraged and is a personal career decision. This is a UIF decision. Probably unlikely unless led by alumni VC s.
Tuition breaks An interesting concept.
Tuition breaks would require BOT approval. Faculty tend to search for markets suitable for an idea. We need to reverse the process so that ideas flow from market opportunities. With more close, collaborative interactions between faculty and industry, opportunities will occur for faculty to become increasingly aware of the real world problems faced by industry.