A patent is property that can be sold (“assigned”) or rented (“licensed”). Thus, if MIT owns a valuable patent, you can approach their Technology Licensing Office (TLO) to see if they will grant you rights under the patent through a sale or license.
Steven Saunders is an Intellectual Property Attorney at the Boston-based law firm, Nutter. Steven can be reached at email@example.com.
For more information about Steven, See Steven’s Martin Trust Center Biography at: https://entrepreneurship.mit.edu/profile/steven-saunders/