[caption id="attachment_56001" align="alignleft" width="150" caption="Students who make iPhone apps could face college officials demanding ownership. "][/caption]Tony Brown didn’t set out to overhaul his college’s policies on intellectual property. He just wanted an easier way of tracking local apartment rentals on his iPhone.

The University of Missouri student came up with an idea in class one day that spawned an iPhone application that has had more than 250,000 downloads since its release in March 2009.

The app...

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