wichita.edu
…companies do. While companies may seek to protect their inventions in order to establish a market monopoly, universities often use their inventions for research and educational purposes while also licensing out the IP to companies. Universities also have a responsibility to protect and safeguard their IP, not only to protect its value to their licensees, but…
https://www.wichita.edu/industry_and_defense/ttc/types_IP.php