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Learn how the Office of Technology Transfer at the Catholic University of America facilitates intellectual property management and commercialization. Discover the operational objectives, procedures, and evaluation criteria that drive successful technology transfer partnerships.
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Office of Technology TransferCommercialization of CUA-Developed Technologies February 25, 2003 Ralph Albano
Mission and Goals of Office of Technology Transfer • The Office of Technology Transfer (OTT) at the Catholic University of America assists the CUA faculty, staff and students with the management and commercialization of their intellectual property. • Protect the university • Serve the faculty and staff • Facilitate research • Improve the human condition
OTT Operational Objectives • Increase the number of invention disclosures submitted by university community, adding to the university’s intellectual property portfolio • Continue to manage the relationships with companies that have licensed university technologies • Find commercial partners and initiate license revenues for new technologies
Technology Transfer –Value to the University • Revenue stream from licensing • Increased research funding and collaborations • Increased visibility of university and researchers • Stimulating research and an entrepreneurial environment among faculty
Invention Disclosure and OTT Procedures • Inventor submits Invention Disclosure Form • OTT works with OSP to ensure proper sponsor reporting • OTT meets with inventors and makes initial patentability decision • Inventor assigns rights to university • OTT files Provisional Patent application • OTT meets with inventors to begin marketing effort…..
Invention Disclosure and OTT Procedures (cont.) • OTT produces “Commercialization Plan” • Approximately six months after filing the provisional patent, OTT convenes Patent Committee to report on the progress of the marketing effort, and to evaluate assignment and patenting options. • Releases invention back to inventor, or… • Accept assignment, and file full patent application
Technology Evaluation Criteria • Corporate involvement (sponsored research) • Likelihood that patent claims will issue • Encumbrances (number of assignees) • Time-to-market
Marketing Starts with the Inventor • Importance of peer-reviewed publications • Publishing vs. Patenting • Inventors make the best technical sales people • Research sponsors • Contacts in the field (former students?) • Spin-off or start-up?
Marketing of University Technologies • Methods to make industry aware of technology will also increase visibility with potential funders of additional research • White papers • Glossy brochures • Targeted mailings • Trade magazine articles • Industry and technical conferences/trades shows • Industry contacts • Open House/Industry Days
Further Information Ralph Albano Director, Office of Technology Transfer x6444 Currently in 114 McMahon, moving soon to 3rd Floor Caldwell Our web site is http://ott.cua.edu and we will soon have today’s charts and all necessary forms available online. We already have a a great deal of general information available.