Public senior higher educational institutions and their governing boards are encouraged to promote the economic development of the State and to increase the financial resources of the institutions through arrangements with the private sector, including collaborative research and development, commercial application of institution–owned intellectual property, and the provisions of technical assistance.
Md. Code Ann., Educ. § 15-107
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.