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[QUOTE="texascpa, post: 3779171, member: 468"]
To me, in the end, you have two parties of a contract, each full well knowing what's in that contract.  They each made the choice to the stipulations of that contract and believed the outcome compensates them in kind.

It may well be that the doctorate candidate doesn't create anything fungible, so who benefits the most out of that situation - probably the student because they still get their degree.  Or perhaps, he creates the cure to cancer.  The school benefits probably benefits the most.  But, I'll bet the student will see benefits as well (paid speaking engagements, endorsements, better offers, etc), even if he doesn't get to keep ownership of the work.

You do bring up an interesting point about bargaining power, though.  One could argue that without competition of the limited spots, bargaining power is close to equal, but when you have lots of students wanting the few positions available to research, then I would agree the school has the bargaining power.  That's a result of limited demand, lots of supply, though.
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