Category Archives: Stories From the Field

Negotiating a License? Consider the Different Faces of Value for Tech Transfer

When thinking about the value of a licensing agreement, it’s easy to focus on the financial terms, such as up-front payments and royalty rates. However, licensing revenue isn’t the only area to negotiate financial terms. And in many cases, non-financial terms can have significant value. Financial terms beyond licensing revenue are pretty straightforward to negotiate. For a university… Continue reading

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5 Tips for Cultivating Tech Transfer Marketing Leads

Today for the final installment in our Marketing Mondays series, I’m going to talk about cultivating your leads. The advice and examples offered here are designed to help your technology transfer office (TTO) stay in the sweet spot of putting in enough time to develop a qualified prospect without wasting time trying to force something that’s not meant to be. Continue reading

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Best Practices for Technology Briefings for Tech Transfer

Technology briefings can be a cost-effective way for a technology transfer office (TTO) to reach potential licensees and partners. These briefings typically include a technical presentation from the inventor as well as details on the licensing/partnering process from a TTO representative. Experience has shown that an online/webinar technology briefing: (1) can dramatically increase the efficiency of the marketing effort since it eliminates the need to convey the same information multiple times in individual discussions, (2) allows you to set a specific timeline for receiving and selecting licensing/partnering applications, and (3) eliminates travel costs and provides a recording to post for interested parties who missed the live event. Of course, technology briefings require extensive planning and preparation. And not every innovation is suited to a technology briefing. For the greatest success, Fuentek offers the following advice. Continue reading

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Balancing Assertiveness and Patience in Tech Transfer: A NASA Case Study

Balancing_iStock_000068897451_lowrez_croppedEarlier this spring, NASA’s Armstrong Flight Research Center (AFRC) signed a license allowing Vigilant Aerospace Systems to integrate its patent-pending sense-and-avoid system into the startup company’s FlightHorizon™ avionics platform. This deal is noteworthy not only because it may improve flight safety for all kinds of aircraft, including UAVs/drones, but also because it provides a valuable tech transfer case study. Continue reading

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Putting Market Data to Work for Tech Transfer: Stories from the Field

BoyWithBinoculars_iStock_000058151110Gathering and analyzing market data may be at the heart of developing the technology transfer strategy, but its value is not limited to the go/no-go decision and planning how to move forward. There are some less obvious but extremely impactful ways that market data can be a useful tool for a tech transfer office (TTO). Here are four projects I’ve worked on recently that illustrate some of the powerful ways your TTO can make use of market data. Continue reading

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License Negotiation Forget-Me-Nots for Technology Transfer Offices

StringOnFinger_iStock_000021963522_lowrezThe past few months have seen several of us at Fuentek supporting multiple clients with negotiating licenses for their technologies. One project that I’ve been helping a client with embodies several best practices of license negotiations. Ironically, these concepts are so essential… that they’re sometimes forgotten. So here is a list we’ve put together to ensure that the most important aspects of license negotiations stay front and center. Continue reading

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Ready, Set, Intern! One Tech Transfer Office’s Experience

SpringForwardClock_iStock_000026185332_Small-croppedNow that we’ve sprung forward into Daylight Savings Time, it is also time for university technology transfer offices (TTOs) to spring ahead with their summer internship programs. March is usually the month when TTOs issue their “Apply Now” announcements for summer interns. But all is not lost for TTOs who are just getting started. Although there are significant advantages when you begin planning a new summer internship program the previous fall, March is not too late to start. For example, it was last spring when a university TTO asked Fuentek for help with establishing their internship program. They wanted to start that coming summer, so we jumped in to help them, using the tricks that we have learned over our long history of establishing effective internship programs… Continue reading

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Super-High Temps Can’t Beat NASA’s Aerogel-Reinforced Composites: Licensing Opportunity

NASA photoResearchers at NASA’s Glenn Research Center have developed a patent-pending method for fabricating aerogel composites for thermal insulation applications — and NASA is now making this technology available for licensing. NASA’s award-winning engineer Frances Hurwitz developed the technology in collaboration with Ohio Aerospace Institute (OAI). In fact, the two organizations have a joint-ownership agreement (JOA) in place for the intellectual property (IP). The JOA specifies the roles and responsibilities for patent prosecution and technology marketing, and it authorizes NASA Glenn to represent OAI during license negotiations. Quite frankly, this agreement is a big win for potential licensees:… Continue reading

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Advice for Heightening Inventors’ IP Awareness

Collage of intellectual property terminologyNot too long ago, a Forbes post from UCLA’s John Villasenor entitled “Intellectual Property Awareness at Universities: Why Ignorance Is Not Bliss” caught my eye. It discussed the importance of teaching the next generation of engineers, scientists, and innovators “what IP is and why it matters.” Having conducted an informal survey of engineering grad students, Villasensor discovered that their understanding of IP was woefully lacking. He rightfully raised the question:… Continue reading

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Be Ready to Engage Prospects: Advice and a Tech Transfer Webcast

Like the Boy Scout mantra, there is no substitute for being prepared. Before you reach out to marketing prospects – or even place information about a technology on your Web site – be sure you have the resources to respond quickly. (Hint: If you’re going to be traveling, don’t begin a big email push just before you depart.) If someone makes an effort to inquire about a technology, the best time to hook that prospect is… Continue reading

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