Tech Transfer Central

Technology Transfer Tactics, July 2019 Issue

Technology Transfer Tactics, July 2019 IssueThe following is a list of the articles that appear in the July 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. 7, July 2019

  • As innovation-focused competitions flourish on campus, best practices emerge. The tide of competitions focused on innovation and entrepreneurship being sponsored by universities worldwide is nearing flood stage. Business plan competitions, student start-up contests, faculty pitch fests, and Shark Tank style events have become a regular part of campus life. But are they worthwhile, and if so how do you wring the greatest value from them? After all, staging an effective competition on campus requires considerable time, effort and resources, so why go to the trouble when there are so many other priorities?
  • Rutgers team outlines the “Do’s and Don’ts” for faculty pitching to investors. Triggered by a specific event, a team of commercialization experts at Rutgers University set out to fill what they considered to be a significant void in teaching tools for faculty inventors who are about to make their pitch to potential investors.
  • U of AZ’s Asset Development program helps innovations bypass the ‘Valley of Death.’ Good inventions run on their own timeclock. Sometimes, a grant runs out and a funding source is not interested in continuing to invest in the research. In other cases, funding is not available because the project is outside of the grant’s scope of basic scientific discovery. There are almost as many ways to run out of money as there are ideas to develop. In most cases where the funding tap runs dry, the invention is not developed enough gain interest from licensees — a gap in funding now being filled by the U of Arizona’s asset development program.
  • Case Study Spotlight: Culture of patient-centric innovation at Mount Sinai. With 40 full-time employees, Mount Sinai Innovation Partners (MSIP) at the Mount Sinai Health System is one of the larger commercialization offices. Last year, the office engaged with 717 inventors and handled 128 disclosures and 209 patent filings. Behind those numbers are a bevy of programs and strategies that make MSIP an organization to watch and model. TTT spoke with leaders there to get an inside look at key tactics that drive their results, as well as the guiding principles that underlie their successes.
  • Memorial U adopts creator-owned IP policy. Deciding that loosening the grip on IP rights may yield more commercialization in the long run, Memorial University in Newfoundland and Labrador, Canada, has revised its IP policy to make dealing with the university easier. In fact, the university is giving up its stake in much of the IP developed by students and faculty.

Posted July 15th, 2019