Top 10 Issues In Licensing Technology From Universities
Mondaq Business Briefing › United States Law Articles in English (2007)
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Top 10 Issues In Licensing Technology From Universities
By Kingsley L. Taft and Laurie A. Burlingame
Many successful products on the market today began as embryonic inventions in university research laboratories. Gene splicing, magnetic resonance imaging and atomic microscopy, for example, all had their beginnings in the university setting. Since the passage of the Bayh-Dole Act in 1980, universities have sought to license their core patents and technology to entrepreneurs and companies of all sizes, in the hopes of achieving commercial success. According to a 2007 report from the Association of University Technology Managers, member universities granted 4,932 new licenses in 2005, bringing the total number of current, active licenses to 28,349.Obtaining a license to university patents and/or technology can benefit all parties involved. Below we offe...See the full content of this document
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