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Technology Transfer Tactics

Technology Transfer Tactics, September 2022

Technology Transfer Tactics, September 2022The following is a list of the articles that appear in the September 2022 issue of Technology Transfer Tactics monthly newsletter.

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Technology Transfer Tactics
Vol. 16, No. 9, September 2022

  • Strategies for managing underperforming licensees: Enforcer, counselor, or both? It happens to every TTO once in a while. You licensed patented technology to a company that just isn’t making enough progress, so your original expectations for licensing revenue, attainment of milestones, and associated fees aren’t met.
  • Founders Pledge programs: An overlooked opportunity for TTO-directed giving? Founders Pledge programs, through which start-up founders sign commitments to “give back” to their alma maters following some future exit or other financial windfall, have been around for more than 20 years but appear to have experienced a “growth spurt” among U.S. universities since 2013, when UC Berkeley launched a program that has been modeled by many other institutions. In fact, Imperial College London just initiated a program it claims to be the first in the U.K., and universities in Australia and Canada have also joined the bandwagon.
  • Venture studio model gaining traction as nurturer of university start-ups. Universities have become rather prolific start-up factories, but too few of these new ventures end up scaling into thriving businesses. In a 2020 paper written by Brigham Young University professors and published in Nature Biotechnology, 40% of the most recently formed university-licensed start-ups from the Top 50 patent producing universities never grew or added jobs, yet remained “active” for long periods of time.
  • John Hopkins Inventor’s Guide — a best practice roadmap to resources for faculty. Most TTOs have online access to information or a written summary to help their inventors navigate the ins and outs of how to go about getting an invention commercialized, but John Hopkins University has really knocked it out of the park with their comprehensive “Inventor’s Guide.” And it’s not just a valuable educational resource, it’s also a way to increase the number of faculty working with the TTO to ultimately get more inventions commercialized and start-ups formed.
  • Matchmaking Program looks to boost start-up activity and economic development. When the Wichita Entrepreneurship Coalition (ICT-EC) was awarded a $750,000 grant from the U.S. Economic Development Administration for its “Build to Scale” venture program, there were a few entities that benefited – including the Office of Tech Transfer and Commercialization at Wichita State University (WSU).

Posted September 14th, 2022