Totally agree, having been through both Uni + trying to get an academic article up on wikipedia, only to have it repeatedly knocked down by some 16 year old 'Lord of the Wiki'. Universities are primarily about education, usually from the older of our tribe to the younger. They are not necessarily a democratic forum for sharing ideas. I was fortunate to have a classical education at an old traditional University, my lecturers were old salts who had reached a point in their lives that they had the natural urge that comes with age and accomplishment to impart what they'd learnt the young. This works well, a flat pseudo-democratic wiki model would favour none but the fanatical and pig headed and teach nothing but ruthless politics.

They paid you to do a job - they own it, thats what you agreed. Legally and morally. If you want to develop code on your own time and fund the exercise yourself - then you can own it.