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Tech Transfer Office (TTO) Best Practices The 4th Annual Conference on Technology Commercialization “ Technology Transfer (R&D and IP Commercialization, Policies, and Investment)” Amman Jordan (12 Nov 2008) Michael J. Martin President TechTransfer Associates, Inc .
Mike Martin ,[object Object],[object Object],[object Object],[object Object]
Why Tech Transfer is important to MENA: the “World is Flat” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thomas Friedman: “The World is Flat” ,[object Object],[object Object]
Thomas Friedman “The World is Flat” ,[object Object],[object Object],[object Object],[object Object]
Government IP Strategic Management Capabilities ,[object Object],[object Object],[object Object],[object Object],[object Object]
Government IP Strategic Management: Enablement   US POLICY CHANGED IN 1980 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Laws Enacted to Achieve Policy Goals ,[object Object],[object Object],[object Object],[object Object],[object Object]
Success of Bayh Dole ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assistance from the US Government to protect IP   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Government IP Strategic Management: Enablement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are the Barriers to Effective TT Relationship   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The Valley Of Death Availability of Capital Basic Research Development & Scale-up Commercial Operation
Government IP Strategic Management: Action ,[object Object],[object Object],[object Object],[object Object],[object Object],NIH TT Performance USDA TT Performance ~$90M/year Royalties ~250/year Invention licenses ~100/year Newly issued US patents ~400/year New Invention Disclosures $3.6 M/Year License Revenue 327 Total Licenses 35 US Patents Issued
University IP Strategic Management: Enablement ,[object Object],[object Object]
University IP Policy/Practice COI/ COC Patent Copyright  Law Bayh-Dole Law Internal Revenue Code Code of  Virginia SCHEV Guidelines University Tech Transfer Policy/Practice Research Contract Negotiations Ownership of  Intellectual Property Commercialization  of Intellectual Property University  Culture
Intellectual Property Policy at Virginia Tech ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Setting up systems for effective management of IP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How do you measure success of University Tech Transfer? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How organize TLO ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are the functions of a TLO? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Inactivate Inactivate Administration Faculty Industry
Tech Transfer Professional: Balance of Skills ,[object Object],[object Object],[object Object],[object Object],Dealmaker (Market/Business/Product Developer + Sales+ Negotiator)  Technician (Patent Agent + Scientist + Engineer)
University IP Strategic Management: Enablement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Invention Patenting Patent   Atty Disclosure Evaluation Marketing Licensing Protect if Publication is Imminent TECH TRANSFER: COMPLEX SYSTEM Products Business Spin offs Research  Investment Inventor/ Additional Develop
Small and Medium Size Businesses (SME) ,[object Object],[object Object]
Why SME should be interested in IP ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IP management strategy for SME ,[object Object],[object Object],[object Object]
Ideal IP Strategy for SME ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Setting up systems for effective management of IP in an SME ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Triage of IP: Evaluation then Valuation of Intellectual Property ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Determination of Monetization Strategy ,[object Object],[object Object],[object Object],[object Object]
Out comes of a successful business licensing operation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Implementation of Licensing Strategy
[object Object],[object Object],[object Object],[object Object],Implementation of Licensing Strategy
Lessons Learned by TLO in Dealing with Faculty   ,[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned by TTO in Evaluation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned by TTO in Patent Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned by TTO in Patentability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned by TTO in Negotiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons Learned by TLO in Start-ups ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Example:  Direct Marketing with Start-up  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conclusions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Invention Patenting Patent   Atty Disclosure Evaluation Marketing Licensing Protect if Publication is Imminent Questions ???? Products Business Spin offs Research  Investment

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Martin Tto Best Practices Ver3

  • 1. Tech Transfer Office (TTO) Best Practices The 4th Annual Conference on Technology Commercialization “ Technology Transfer (R&D and IP Commercialization, Policies, and Investment)” Amman Jordan (12 Nov 2008) Michael J. Martin President TechTransfer Associates, Inc .
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  • 15. University IP Policy/Practice COI/ COC Patent Copyright Law Bayh-Dole Law Internal Revenue Code Code of Virginia SCHEV Guidelines University Tech Transfer Policy/Practice Research Contract Negotiations Ownership of Intellectual Property Commercialization of Intellectual Property University Culture
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  • 23. Invention Patenting Patent Atty Disclosure Evaluation Marketing Licensing Protect if Publication is Imminent TECH TRANSFER: COMPLEX SYSTEM Products Business Spin offs Research Investment Inventor/ Additional Develop
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  • 42. Invention Patenting Patent Atty Disclosure Evaluation Marketing Licensing Protect if Publication is Imminent Questions ???? Products Business Spin offs Research Investment