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University of Hawaii Office of Technology Transfer and Economic Development

University of Hawaii Office of Technology Transfer and Economic Development. Richard Cox Director, OTTED June 20, 2007. What is OTTED?. Revenue-oriented service center help faculty identify, protect, and commercialize UH IP for the public good help build UH research enterprise

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University of Hawaii Office of Technology Transfer and Economic Development

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  1. University of HawaiiOffice of Technology Transferand Economic Development Richard Cox Director, OTTED June 20, 2007

  2. What is OTTED? • Revenue-oriented service center • help faculty identify, protect, and commercialize UH IP for the public good • help build UH research enterprise • E.g. - faculty recruitment/retention, new funding opportunities • generate licensing income • Support State economic development initiatives • through licensing, especially to startups • growth of UH research programs • special programs

  3. The Brass Ring • Signed license agreement • With up-front $$/equity, and • Solid diligence requirements, and • Commitment for royalties on sales, and • With sponsored research commitment • Healthy working relationship with licensee • Channel to market for future technologies

  4. Where to find UH technology/research • UH System Offices • Office of Technology Transfer and Economic Development • Vice President for Research • Office of Research Services • UH Manoa Offices • Vice Chancellor for Research

  5. Where to find UH technology/research (cont.) • Deans, Directors, & Department heads • Individual faculty • Academic/research units • College of Engineering • College of Natural Sciences • College of Tropical Agriculture and Human Resources • School of Ocean & Earth Sciences & Technology • John A. Burns School of Medicine • Cancer Research Center of Hawaii • Pacific Biomedical Research Center

  6. IP in Sponsored Research • Ownership of IP follows inventorship • Sponsor gets 1st right to negotiate license to UH’s rights in new IP • No pre-negotiated licensing terms • No restriction on publication • although short delays are usually permissible for preview and filing of patent application(s) • Other important terms • Indemnification • Disclaimer of warranties • Payment schedules – generally require payment in advance • Industry consortia may have membership fees and additional terms

  7. Typical Licensing Terms • UH typically seeks standard terms • Up-front fees, diligence requirements, milestones, royalties, payment of patent expenses • Flexibility and reasonable accommodation are our watchwords! • Everything’s negotiable – except • Indemnification • Standard warranty disclaimers

  8. Start Up Assistance/Promotion • Technology Showcase Series • HiBEAM Springboard Series • 2nd Friday Tech Download • Kaunana – “The Research Publication of the University of Hawaii” • UH Business Plan Competition • Hawaii Technology Showcase

  9. UH Business Plan Competition • $20,000 in additional prize money • Only winning plans based on licensable UH technologies are eligible to receive tech transfer prize • Prize money can only be used to help advance commercialization of the technology.

  10. Success Stories • Pipeline Communications and Technology, Inc. • Hawaii Environmental Biosciences, Inc. • MicroNose, Inc. • Manoa BioSciences, Inc.

  11. Contacting OTTED • Website • http://www.otted.hawaii.edu • Email/Phone • Richard Cox, rcox@hawaii.edu, 539-3818 • Gaylene Anderson, gaylenea@hawaii.edu, 539-3836 • Lisa Matsunaga, matsunag@hawaii.edu, 539-3826 • Ann Park, apark@hawaii.edu, 539-3829 • Jonathan Roberts, robertsj@hawaii.edu, 539-3828 • Andrea Yuen, ayuen@hawaii.edu, 539-3823

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