Tech Transfer eNews Blog
University-Industry Engagement Advisor

Improving Tech Transfer Efficiency and Value through a Formalized Stage-Gate Process


By Jesse Schwartz
Published: June 23rd, 2021

Like many tech transfer offices, University of Minnesota’s Technology Commercialization Group used to struggle to evaluate and prioritize inventions in its large IP portfolio. Decision-making was slow, hidden from view, and seemed to faculty arbitrary and unfair. Declining inventor satisfaction and engagement became a serious problem, and TTO leaders knew they had to make a change — and fast.

The stage gate process they introduced had several critical goals in mind: standardizing decision criteria, dramatically boosting response time, increasing documentation and transparency, and enhancing communication – all in an effort to improve consistency, service level, and customer satisfaction.

Over the past 13 years, the process has provided clarity and transparency on case status, as well as increased visibility and prioritization of planned marketing activities. The process also serves to pare technologies that are consuming time and resources but have little chance of achieving commercial success — allowing greater efficiency and focus on more promising innovations, while keeping the inventor engaged at each gate.

We’ve teamed up with leadership from UMN’s Technology Commercialization Group to present a detailed look at the stage gate system, and how other TTOs can adapt it for their own portfolios, in this practical webinar: Improving Tech Transfer Efficiency and Value through a Formalized Stage-Gate Process, scheduled for June 29th.

For complete program and faculty details or to register, click here.

Also coming soon:

Posted under: Distance Learning, Tech Transfer e-News

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