I'm curious (playing devil's advocate): Does this mean that MIT can now do research and not be required to publish this anywhere, not even journals? And, if somebody from MIT does publish something under this framework, can they claim copyright and disallow any use of the contents of the papers if so convenient? Move away from patents and straight into copyright. We all know how well the US copyright system works, ri…
When a researcher publishes with Elsevier, the common practice when not transferring copyright is to give them a perpetual licence to publish the work.
Additionally, presumably MIT requires their researchers to publish their work as Open Access, i.e. with a licence that allows re-use and distribution for everyone - so they cannot disallow use of the contents of the papers arbitrarily. Elsevier is not needed for that.