Yup, you read the headline right. From their site:
MIT is committed to advancing education and discovery through knowledge open to everyone. OCW shares free lecture notes, exams, and other resources from more than 1700 courses spanning MIT’s entire curriculum
Why would they do this? Does it make their intellectual capital worthless?
Wrong-o my friends. Just the opposite! MIT has expanded their enrollment (paying customers, err students, err parents of students) in rcent years and wanted to attract the best and brightest worldwide. It is paying off big time. Over 50% of the incoming students cited the free course work on-line as a factor in the decision to attend.
So, what is your most valuable intellectual property and what are you doing to put it online?