It really is on an institution-by-institution basis. There's no particular requirement for that approach, but you're right that knowledge transfer does occur by way of, say, consulting. Many universities have a one-day-a-week consulting policy whereby the inventor might work with a [Technical difficulty—Editor] on the development. You're right. There are many different areas of transfer of knowledge.
On June 6th, 2017. See this statement in context.