Tech Transfer Central

Technology Transfer Tactics, May 2019 Issue

Technology Transfer Tactics, May 2019 IssueThe following is a list of the articles that appear in the May 2019 issue of Technology Transfer Tactics monthly newsletter. If you are already a current subscriber click here to log in and access your issue. Not a subscriber already? Subscribe now and get access to this issue as well as access to our online archive of back issues, industry research reports, sample MTAs, legal opinions, sample forms and contracts, government documents and more!

Technology Transfer Tactics
Vol. 13, No. 5, May 2019

  • Experts urge TTOs: Don’t leave know-how royalty dollars on the table. If your TTO is not routinely seeking know-how royalties when negotiating license agreements — particularly with faculty start-ups — then you are almost certainly leaving dollars on the table. In some cases, big dollars.
  • Consider alternatives to pass-through billing to handle licensee legal fees. Despite the burden it brings, TTOs often act as the middle man between law firms and faculty start-ups or licensees, paying bills for incurred legal fees related to filings, company formation, and other legal work and then invoicing the responsible party. The method originates mostly because the university is the one with the ties to the law firm, and the parties actually incurring the fees are fine with having someone else be the primary contact for payment.
  • Treat start-ups with ‘Texas hospitality’ to build strong relationships. “We started the new ventures operations doing four to six IP-based based start-ups a year,” Wade Fulghum, associate director of new ventures in NC State University’s Office of Research Commercialization, told the audience during at panel session at AUTM 2019 entitled ‘Learn from Texas Hospitality: Treat Your Startups Right.’ “Now, we’ve done 102 companies in the last seven years, building a program from scratch. There were no support mechanisms, no funding, no guidelines.”
  • U of Toronto’s True Blue Fund gives alums new way of giving back. The University of Toronto (U of T) is one of the most successful universities in the world when it comes to research commercialization and start-up formation. Over the past decade, its entrepreneurs have launched more than 500 research-based start-ups, generating more than $1 billion in investment. Despite these successes, however, challenges remain in the area of funding for these start-ups and their ability to take ideas to market.
  • The Quarry at Indiana U offers targeted assistance to university innovators. When Indiana University (IU) turns 200 years old in 2020, it will launch a Bicentennial Strategic Plan that includes a focus on entrepreneurship and innovation. The goal of the plan is to spur economic activity in Indiana and increase the global impact of the university’s innovative research. So, when IU restructured its technology transfer office recently, the Indiana University Research and Technology Corporation (IURTC) began looking ahead to see how IU could better nurture its start-up companies. As a result, they introduced a program called The Quarry, which replaces their previous Spin-Up program.

Posted May 16th, 2019