Universities have always been in the incubator business. The bubble actually forces universities to be more transparent about their IP licensing policies. Do read how Netscape was rewritten due to licensing issues. There is a reason why UIUC gets a bad rep. If anything this is good side effect of bubble, since it forces universities to re-examine their licensing practises and invent new IP models that distinguish between software and medical drug/device inventions.
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University of Illinois v. Andreessen (1994) - The web revolution began at the University of Illinois with the first graphics based browser, Mosaic, but few are aware of its history. The open source code which spawned both Netscape and Internet Explorer was created by graduate students using open source code. The university sued the students for trademark infringement in an attempt to capture royalties even though the source code was available for free on the web. The developers offered the university shares in the newly launched Netscape which would have netted UL over $8 million. Instead, the university chose a prolonged legal battle which was settled for $2.7 million, bankrupted Netscape, allowed Microsoft Explorer to capture the browser market and left University of Illinois out of the legacy of the innovation.
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" University of Illinois v. Andreessen (1994) - The web revolution began at the University of Illinois with the first graphics based browser, Mosaic, but few are aware of its history. The open source code which spawned both Netscape and Internet Explorer was created by graduate students using open source code. The university sued the students for trademark infringement in an attempt to capture royalties even though the source code was available for free on the web. The developers offered the university shares in the newly launched Netscape which would have netted UL over $8 million. Instead, the university chose a prolonged legal battle which was settled for $2.7 million, bankrupted Netscape, allowed Microsoft Explorer to capture the browser market and left University of Illinois out of the legacy of the innovation. "
http://www.ipadvocate.org/forum/dispute.cfm?Type=Disputes
http://markvillacampa.com/2014/01/13/the-day-i-learned-about...