Pennsylvania Statutes Title 24 P.S. Education § 2523. Definitions

The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise:

“Economic development agreement.” An agreement that allows a State-owned university to develop and market intellectual property owned or created by a State System of Higher Education employee.

“State-owned university.” One of the 14 institutions under the State System of Higher Education or any other institution that may be admitted to the State System of Higher Education subsequent to the enactment of this act in accordance with the provisions of the act of March 10, 1949 (P.L. 30, No. 14),  1 known as the Public School Code of 1949.

“System employee.” An individual employed by the State System of Higher Education or one of its constituent universities.