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New policy allows UC to invest directly in companies
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Sep 4, 2014
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New policy allows UC to invest directly in companies
University of California President Janet Napolitano removed guidelines for industry-academic relations so that UC campuses can invest in companies based there.
University of California President Janet Napolitano is seen at an event on expanding college opportunity in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House on January 16, 2014 in Washington, DC.
University of California President Janet Napolitano is seen at an event on expanding college opportunity in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House on January 16, 2014 in Washington, DC.
(
MANDEL NGAN/AFP/Getty Images
)

University of California President Janet Napolitano removed guidelines for industry-academic relations so that UC campuses can invest in companies based there.

There’s been changes to how UC Campuses can invest in start-ups.  

"UC President Janet Napolitano made the change possible by removing guidelines for industry-academic relations. Her action is raising questions about ethics, funding and the future of basic research," reports Sam Harnett of the California Report from San Francisco Public Radio station KQED.

Read the full story: Janet Napolitano Hopes UC Can Cash In on Companies, Not Just Research