Tech Transfer eNews Blog

Technology Commercialization Roadmap leads to 90% patent-to-license ratio

By David Schwartz
Published: July 16th, 2014

One of the biggest roadblocks for universities in technology commercialization is the perceived “black hole” of communication between the TTO and the faculty inventor. Too often inventors feel left out of the vetting process and unaware of where their discovery is in the commercialization process. Because of this lack of transparency, The University of South Alabama noticed there was a growing sense of discontent among faculty. At the same time, the TTO struggled under the weight of disclosures that were taking up money, time and resources before eventually being deemed commercially nonviable. Tech transfer managers set out to rectify that by creating their Technology Commercialization Roadmap.

The rationale for creating the Roadmap was to use it as an educational tool to inform inventors of where their invention was in the process, but it also helped to illustrate the TTO’s vetting process and rationale for saying “no.” And, in addition to strengthening faculty relationships, the Commercialization Roadmap has also improved the TTO’s efficiency and quality of disclosures. Through use of the Commercialization Roadmap, they are now seeing an unprecedented 90% licensing rate of patented inventions — a rate that’s head and shoulders above the national average.

That’s why we’ve invited Dr. Andrew Byrd to demonstrate, step-by-step, the University of South Alabama’s Commercialization Roadmap — both how it’s used and how it has led to major improvements in faculty satisfaction with the TTO as well as a huge leap in efficiency for the office. Please join us on August 7th for this time and money saving webinar sponsored by Technology Transfer Tactics: Technology Commercialization Roadmap: Communicate Progress with Faculty Inventors and Keep Commercialization Efforts on Track. For complete program details and to register, CLICK HERE.


Posted under: Distance Learning, Tech Transfer e-News

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