Although we tend to focus on technology transfer here on the Fuentek blog, our industry is broader than that. One aspect I was asked about recently is knowledge transfer. Specifically, I was asked: Can you suggest a tool to measure/assess quantity and quality of knowledge transfer? This is a complex question since knowledge transfer is more qualitative than quantitative, but metrics gathering is an inherently quantitative exercise. However, there are some quantitative measures that provide a sense of knowledge transfer.
Welcome to the latest post in our “Metrics Monday” series. Today, I’m going to talk about some important metrics that most TTOs don’t track… but should. Why these metrics? Because these three metrics indicate whether your TTO is on the right path to achieving higher targets for your university’s government funding and industry sponsored research agreements (SRAs). And these targets will have a much bigger impact on the local economy than most startups will because they lead to hiring more staff that are high-salary jobs.
Several months ago, a read an article called “Are Universities Creating Too Many Biotech Startups?” At the time I thought: The question is not how many startups should a university do, but why are they doing them? Since then, I’ve seen more and more stories in the industry news about universities focusing heavily on startups, particularly within the context of job creation and helping the local economy. …
On Monday, President Obama signed bipartisan legislation to increase the federal focus on the harmful algal blooms plaguing the Great Lakes and U.S. ocean waters. But progress in understanding HABs is already underway, thanks to an ongoing collaboration between two federal agencies. Researchers from NASA and NOAA have been working together to improve monitoring of HABs, which pose significant threats to humans and wildlife as they form, spread, and disappear.
What’s a reasonable royalty rate when licensing a technology? Good question! Those of you with years of experience negotiating licensing or other technology transfer agreements know that there are many approaches for determining the value of a potential deal and therefore what the royalty rate should be. Which method is best? When we provide deal-making support to our clients, Fuentek uses a combination of three deal valuation techniques: market assessments, cost assessments, and income evaluations. Let’s consider each element.
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