I am looking at getting a patent but am having to go through a third party, which is a college to save money since I am a college student.
I was wondering, if I give half of the patent to the school and I have the other half what are the damages they could potentially do with their half of the patent if they decide to sell it or something else?
If they get half of the patent can they sell their portion to a larger cooperation and if they do would they be able to license it for their own manufacturing purposes? Or would another company have to have the full rights to the patent in order to use it? Also, if they have half of the patent, could they restrict you from doing manufacturing for your product with the other half if the other half decides to sell it?
Also, would they be able to use the other half of the patent to own half of your business by legal rights? Such as use their patent to get capital or a percentage from your company, if you are the one doing all the work with the business?