For both faculty and students, the concept of intellectual property (IP) is important to understand. Arguably, the application and protection of intellectual property is even more important. Over the past several years, IP has become increasingly more valuable to institutions of higher education, both domestically and globally. The innovation and creation of scholarship, technology, industrial processes, data analytics and so forth, not only are now tied to accreditation requirements for universities, but also allow for the collaboration between the private sector and universities through financial sponsorship (Van Dusen, 2013; Duval-Couetil et al., 2014).
Garofalo, Mary A., "Intellectual Property: A Student and Faculty Resource" (2022). General Research. 1.