Tag Archives: IP Management-Key Insights

Time to Strategically Manage the IP Portfolio for Tech Transfer

In preparing to give a new webinar on actively managing IP portfolios, I have been thinking a lot about efficiency. Because time is always limited, you must make the most of what you have. So, today I’m offering Fuentek’s insights about the time associated with strategically managing the IP portfolio. Continue reading

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FREE WEBINAR: Your IP Portfolio: Strategic Asset or a Drain on Resources?

PrintLeading companies actively manage their IP portfolio as a strategic and financial asset. Those that are more passive are missing out on potential new revenue streams or cost-saving opportunities. But they don’t have to. Fuentek teamed up with PatSnap to offer a free webinar on strategically managing the IP portfolio. Continue reading

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IP Portfolio Optimization: How Does Your Garden Grow?

PrintI’ve been thinking a lot lately about the similarities between gardening and managing a portfolio of intellectual property (IP). If you have seen our Cultivating Your IP infographic, this comparison isn’t surprising. But the connection is worth considering. Periodically reviewing the IP portfolio is an essential part of tending to the technologies effectively. Today I’m discussing the approach to and process of reviewing the IP portfolio. Prioritize the Backlog: What’s Dead, What’s Ready to Plant? Having worked with dozens of technology transfer offices (TTOs), Fuentek knows it’s easy for invention disclosures to pile up like plants in a greenhouse waiting to be put in the garden. Continue reading

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Cultivate Your IP: An Infographic for Effective Tech Transfer Operations

Link to our "Cultivate Your IP" infographicFuentek has unique insight into how TTOs can improve their operations for more efficient commercialization of intellectual property (IP). And because we heard from so many TTOs that our Road to Tech Transfer was a valuable tool for communicating with key stakeholders, we thought a new infographic would serve as a useful starting point for sharing our insights for efficient and effective TTO operations. Thinking of the technologies in the IP portfolio as plants, we created the Cultivate Your IP infographic to illustrate TTO best practices for (1) channeling your efforts/resources into the seedlings that are poised to thrive and (2) providing the timely care that allows them to flourish and achieve commercialization success. Continue reading

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When Is the Right Time to Review the IP Portfolio?

Green TreeWhen it comes to managing the innovation and intellectual property portfolio, technology transfer offices need to be able to see the forest and the trees. TTOs have to evaluate each innovation individually, but they also need to consider its strategic value relative to other IP in the portfolio. Therefore, periodically examining the technologies as a collective — whether it is the entire IP portfolio or just a specific selection of innovations — should be part of the TTO’s itinerary. Of course, “periodically” has two meanings: (1) at regular intervals of time and (2) from time to time. So when is the right time to do a whole/partial IP portfolio review? Here’s my advice. Continue reading

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Proactively and Strategically Managing Innovation (or Tips for Avoiding the Tech Transfer Chasm): A Free Webcast

A free webinar on proactively and strategically managing innovationThere’s a big difference between how research organizations and private corporations communicate and think about technology transfer. Research organizations tend to focus on how to manage and share their intellectual property (IP). Technologies are often embryonic, development moves at a deliberate pace, and the focus isn’t so much on developing a product as on developing the next innovation. For industry, IP has to serve a purpose and advance the bottom line, whether it’s creating new revenue sources, improving net profits, or moving products quickly into the marketplace. Research organizations that act proactively can… Continue reading

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Commercializing Federally Funded Research: Paper Lays Out Roadmap

What’s the best way to get federally funded technologies out of university and federal labs and into the market? This is the big question of late, and it’s generating a lot of hubbub. Regardless of the merits of all of the initiatives, directives, and legislation, I think a key aspect is being overlooked. As any technology transfer office (TTO) can tell you, not every technology emerging from federal R&D spending will be the next Honeycrisp™ apple, implantable pacemaker, or Red Hat, Inc. But some do have the potential to launch new companies, improve or expand the product/service offerings of existing companies, create jobs, or otherwise positively impact the U.S. economy and/or provide humanitarian benefits. The question is: Which technologies? And, more importantly, how do TTOs find them and commercialize them efficiently? Continue reading

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Tech Transfer Resolutions for the New Year

Has your tech transfer office set some resolutions for 2012? I’ve been doing some thinking about that, particularly in the context of the political landscape of late that TTOs must navigate. It’s certainly not news that in the last few years politics has been wagging the dog when it comes to tech transfer. And 2011 was no exception. For example, there was a big push toward using tech transfer to generate economic development and startups. But well-intentioned policies are not always aligned with what really brings value to technology communities, not to mention the universities and government labs where the technologies originate. Continue reading

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Getting Faculty on Your Side through Systematic Screening and Interns: Stories from the Field

Faculty Support - Before and AfterA conversation on one of the AUTM® discussion groups a bit ago focused on formalizing a technology transfer office’s (TTO’s) triage process. The director initiating the discussion was contemplating using interns for technology triage because his resources are limited. He also wanted his licensing project managers to remain focused on getting deals executed. Overall, his plan was to start providing feedback on inventions in a standardized format and within a certain timeframe. And part of the goal was to improve relations and build credibility with faculty. Continue reading

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Reaping Long-Term Rewards from Strategic IP Portfolio Optimization: Stories from the Field

Buckyball Molecular ModelPrioritizing an intellectual property (IP) portfolio is an important, and often huge, task for tech transfer offices (TTOs). In today’s Stories from the Field post, I share details of how an effective IP Portfolio Optimization helped a university do more than just prioritize its IP for future technology transfer and marketing efforts. A major research university approached Fuentek about screening a group of 30 technologies in the nanotechnology sector… Continue reading

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