Several years ago we wrote about universities that sell patents to patent trolls. This is an injustice as taxpayers pay for those patents and then get taxed by these. Intellectual Ventures is most notorious among hoarders of universities' patents. It is a known problem that people use public funding in universities (research grants) to gain private monopolies with which to make private businesses and monopolies. Those patents that should have been public domain (if any are gained). But to sell those monopolies to trolls is far worse. Here is a rebuttal to this practice:
At the end of last year, we wrote about an extraordinary attempt by the University of California (UC) to resuscitate the infamous "Eolas" patents that were thrown out earlier by a jury in East Texas. Clearly, the University of California likes patents, and the way that they can be used to extract money from people with very little effort. In fact, it likes them so much it is trying to privatize research produced by taxpayer-funded laboratories so that even more patents can be taken out on the work, and even more money obtained through licensing them...