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Due to the necessity of commercialization of inventions created in universities and research institutions and at the same time providing necessary incentive for inventors, determining the ownership of theses inventions has attracted the attention of policy makers of intellectual property law.  Theoretically, there are four main ownership structures: 1) University ownership model, 2) Inventor ownership model 3) Joint ownership of inventor and university model 4) No ownership and entrance to public domain. In this paper, at first, we will briefly introduce these models and their application in practice. Then in order to provide a model consistent with the criteria of distributive justice, we explain three main criteria of justice. Then we investigate consistency of each model with three justice criteria. Finally due to the importance of determining the best person to commercialize the inventions, we propose a hybrid model of ownership titled "Initial ownership of university with ownership option of inventors ".

Keywords: Inventions from universities and research institutions, commercialization, university ownership, professor's privilege tradition, joint ownership, public domain, justice

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