Technology Transfer
Intellectual Property (IP)
Intellectual property refers to original creations such as inventions, literary and artistic works, symbols, names, and images that can be protected from unauthorized use by others. IP also includes the physical embodiments of intellectual efforts (e.g., models, devices, machines, designs, software, etc.).
Protection of IP - Copyrights, Patents, and Trademarks
Because IP may be of value to society, it is common to protect it. Different types of IP require specific protections:
- Copyright protection is for original artistic or literary works.
- Patent protection is for ideas, inventions and discoveries.
- Trademarks protect brand names and logos used on goods and services
Works or inventions may be protected in multiple ways, depending on the nature of the work or invention and the features to be protected. This ability to have overlapping protection allows an inventor or creator to protect different aspects of their work, resulting in potentially longer and broader protection.
What is Technology Transfer?
Technology transfer is the process by which IP is turned into products and commercialized. This is typically done in two ways: through licensing protected IP to corporations, and the creation of start-up companies, which also often license the IP created by faculty.
NOTE: Material Transfer Agreements are handled by Procurement Services