Intellectual property licenses are granted through various business and cooperation relationships, such as mergers and acquisitions, joint ventures, research cooperation agreements, joint research and development agreements, etc. Technology licenses only occur when one of the parties owns valuable intangible assets called intellectual property and has the right to prevent the other party from using them because of that ownership. In today`s knowledge-based economies, the predominant model of IP collaboration between universities and businesses is “open innovation”, based on licensing agreements between the various partners involved. As a result, innovation actors are increasingly interested in acquiring more practical knowledge on licensing as a useful tool for knowledge and IP transfer. WIPO`s long-term technology transfer project in the Baltic States led to the signing of the Baltic Technology Transfer Office (TTO) Network Cooperation Agreement on March 25, paving the way for a new start for the Baltic TTO network and new opportunities for future cooperation. WIPO has developed a flexible platform for the promotion of innovation and technology transfer related to the COVID-19 pandemic. The platform includes evidence-based analysis, capacity building, institutional frameworks and policies, and related information and knowledge resources. Learn how to overcome common market challenges related to university technology transfer. Konstantin 3 University Salah Boubnider was the first Algerian university to develop an IP policy aimed at increasing the likelihood of technology transfer and commercialization of university research.
Technology transfer (TT) is a collaborative process that allows scientific knowledge, knowledge and intellectual property to move from creators such as universities and research institutes to public and private users. The goal is to translate inventions and scientific results into new products and services that benefit society. Technology transfer is closely linked to knowledge transfer. Unlike a spin-off company, the founders of a startup are not affiliated with the university where the new technology was developed, and funding for the company comes from external sponsors. To succeed in technology transfer, universities and research institutions must operate in an effective innovation ecosystem – an interconnected network of governmental, industrial and research institutions and enabling factors (such as human capital, technology transfer structures, and the maturity of firms and markets). In such an ecosystem, the Parties pool their resources and know-how to jointly achieve innovation for regional and economic development. Everything you need to know to effectively manage the IP rights of your institution`s intangible assets for technology transfer. Materiel Transfer Agreements (MTAs) govern the transfer of tangible assets and research equipment from the provider to the recipient who wishes to use it for its own research purposes. Technology transfer supports the life cycle of technology, from its creation to its market diffusion and commercialization. Bayh-Dole Act of 1980 – 35 U.S.C. 200 The Bayh-Dole Act deals with intellectual property rights arising from government-funded research. It allows U.S.
universities, small businesses, and nonprofits to retain ownership of their inventions. The government reserves the right to use technology. Previously, the government held the intellectual property rights to these inventions, which were funded by the government. Understanding how IP serves technology transfer is the first step to effectively managing your technology transfer processes. Non-Disclosure Agreements (NDAs) or confidentiality agreements are legally binding agreements not to disclose confidential information of which a party has knowledge or to use it for purposes other than those set out in the agreement. Informal knowledge transfer is becoming increasingly important in academia, as the mobility of researchers and students contributes significantly to the global dissemination of knowledge. Knowledge can also be transmitted through publications, teachings, conferences, courses, presentations, meetings, informal exchanges and personal contacts between scientists, universities and industries. Researchers involved in the development of the new technology often leave their original positions at the university and find themselves in the new company.
The university and spin-off company typically share the risks and rewards through different forms of joint venture agreements. Spin-off companies are often the exclusive owners or licensees of intellectual property rights to technologies developed at the university. The difference between licensing and transfer of intellectual property is that, in licensing relationships, the right to use intellectual property is temporarily transferred to the licensee, which often gives the licensor the right to continue to use the same intellectual property in another field of use or territory. Depending on the terms negotiated, a license agreement can be terminated and all rights transferred to the licensor. On the other hand, a transfer of intellectual property rights has a definitive effect, such as the sale of tangible assets, so that the former owner is permanently deprived of ownership. The transfer of knowledge and information on technology can take place in two ways: informally through knowledge transfer and formally through technology transfer agreements (contracts). Transferred assets may include licensed patented materials, biological materials, chemical compounds or software. The Agreement sets out the rights and obligations of the parties with respect to the transferred material, derivative material, research results and related intellectual property rights. The Parties shall invest their human, material and financial resources, assets (including existing intellectual property rights) and capacities. They jointly define the objectives and legal framework for cooperation, including intellectual property, access rights, benefit-risk sharing and rights to commercialise research results.
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