Technology Transfer Overview

This is the summary of an article from Angel Investor News.com by Behfar Bastani, Evelyn Mintarno and Dennis Fernandez that provides a good overview of the tech transfer process:

"Universities produce a large amount of groundbreaking inventions every year and are among the best sources of intellectual property (IP). The growing portfolio of companies who have successfully utilized university technology suggests that benefits may be gained from an insight into the nature and process of university technology transfer.

We present an overview of university tech transfer and approaches for finding and accessing university technology, point out potential pitfalls for a technology company looking to bring the power of university research to fruition in its products, and illustrate typical licensing terms and different types of licenses."