Word: wille
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Dates: during 1980-1989
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Companies that use the University's name to cash in will have to pay Harvard back a little of their earnings, thanks to a licensing program started earlier this year.
Sources have said the goal for the impending University-wide capital campaign will be at least $2 billion. Of that sum, the Faculty of Arts and Sciences (FAS) is asking for $1 to $1.5 billion.
The program, which Vice President for Finance Robert H. Scott said yesterday could eventually earn $300,000 to $500,000 a year, will be used to bolster financial aid funds.
"Harvard decided that it needed an element of control over the name to ensure the quality and taste of goods with the Harvard trademark," said Joyce M. Brinton, director of Harvard's Office for Patents, Copyrights and Licensing, which will secure licenses from businesses seeking to make products with Harvard...
"Most every other university has a licensing program," said Brinton. She said the trademark does not cover the word "Harvard" per se, but only its use in reference to the University. The town of Harvard, Mass., Harvard Square, the Harvard Shop and the Harvard House of Pizza will not need...