Patentable discoveries made by University faculty, staff, and graduate students that involve the use of University funds or facilities are the property of the University. Both undergraduate and graduate students fall within the University staff category whenever they are employed in connection with institutional research projects. Patents, with the inventors sharing in the royalties, are administered in the public interest by The Penn State Research Foundation, a nonprofit organization made up of faculty, alumni, industry representatives, and members of the University Board of Trustees. Royalty income is shared between inventor, the organizational unit, and The Penn State Research Foundation. The Penn State Research Foundation's share is used to foster the advancement of technology transfer and research at the University.
For more information, see https://www.research.psu.edu/otm/inventors