I think that's where there has to be a good knowledge transfer process. If it's coming out of a university, are they going to be transferring it, and at what cost? The IP policies are not consistent across the country, so depending on the jurisdiction, there could be an upfront cost or there could be a royalty after you start commercializing, so there's a problem with that. Who's going to manage that? If it's an actual failed company, what happens with that IP? That will go back to the university, potentially, at that point in time. If it's a company innovating, and it fails, then it has a choice to license and actually generate revenues.
On June 9th, 2016. See this statement in context.