[ANSWERED] In early 1990s, a university faculty member was collaborating with a Danish company in a joint…

In early 1990s, a university faculty member was
collaborating with a Danish company in a joint venture on a compound with a
view toward clinical trials within a year. The company has already submitted a
patent application on a portion of the project. In written correspondence
between the university faculty member and her counterpart at the Danish
company, both pledge full cooperation without mentioning anything about
intellectual property. A year later, the Danish company enlisted a U.S. company
to conduct certain experiments. The university and the Danish and U.S.
companies all entered into negotiation regarding intellectual property. The
negotiations failed, and the university ordered the faculty member to stop any
further collaboration. • What should the faculty member do? • What should the
university do? • What lessons are learned in this scenario?