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April 2003

Big Ivory Takes License

Universities should take a lesson from IBM's nonexclusive patenting practice.

By Seth Shulman

 IBM did some justifiable crowing recently when official government tallies confirmed that for the 10th consecutive year, it had garnered more U.S. patents than any other company on the planet, adding 3,288 patents to its collection in 2002. IBM says its massive patent portfolio has generated roughly $10 billion in licensing revenues over the past decade.

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