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Harvard, Yale, Other Schools Team Up for Patent Pool Program (1)

Jan. 13, 2021, 9:07 PMUpdated: Jan. 13, 2021, 10:56 PM

The Justice Department has approved a plan for Harvard, Yale, and other universities to pool patents for cutting-edge technologies, a move that could make it easier for the schools to commercialize their research.

The University Technology Licensing Program will pool patents from 15 universities and provide a one-stop shop for startups and other companies to license patents related to autonomous vehicles and other emerging technologies.

The department said in a letter Wednesday that the licensing program, as proposed, was unlikely to harm competition. UTLP had asked the Justice Department to review its program for antitrust concerns.

“To the extent that ...

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