TECH TRANSFER CONSULTANCY
Fuentek's Insights on
Stakeholder & Management Buy-in
Strengthening Your Strengths, Solving Your Struggles with Strategic Solutions
In providing technology transfer services to R&D organizations, Fuentek has developed strategies for maximizing team strengths and skills, solving organizational pickles, and communicating value to leadership. Today’s post can help significantly improve your capabilities and operations. For example, when it comes to understanding how your IP management team is performing, metrics are your greatest ally. They help you get where you want to go by accurately revealing where you are.
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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.
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Two Tech Transfer Infographics: Use Them to Explain This Complex Process
Having spent 15+ years helping major research universities manage their intellectual property (IP), Fuentek knows a great deal about efficient and effective tech transfer. We’ve also seen that many universities struggle to explain this complex process to their stakeholders — administrators, researchers, and even legislators.
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Using the IP Management Database to Answer Metrics FAQs
Most technology transfer offices (TTOs) want to — or have to — respond to frequently asked questions (FAQs) about the technology portfolio. Whether they are routine or ad hoc, these FAQs often come from key stakeholders and focus on TTO performance. As the F in FAQ suggests, these questions are asked frequently. Yet if a TTO frequently is scrambling to answer and struggles to generate the needed reports, then this indicates something is amiss.
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Infographic: The Road to Technology Transfer
At one time or another, most technology transfer offices (TTOs) — particularly at universities, government labs, and other non-corporate entities — are asked why discoveries aren’t getting into the marketplace faster. Or more frequently. Or both. Whether this question comes from innovators, administrators, or legislators, TTOs say they struggle to answer it clearly and succinctly. Explaining the complexities of technology transfer is not easy, yet it is easy to sound defensive. Over time, we at Fuentek heard from so many tech transfer professionals about this being a challenge that we decided to do something to help them with this explanation. Since a picture is worth a thousand words, we developed an infographic that lays out a representative path from innovation to product launch. Entitled “The Road to Technology Transfer,” the infographic moves from…
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Survey Results from (Re)New Technology Transfer Offices (TTOs)
As I discussed in early December, I’ve been curious about the experiences of those starting (or restarting) their TTO. So we created a short survey and invited the tech transfer community to use it to share their experiences. Two dozen folks responded — not bad considering it is a niche question– and today I’m sharing these responses along with some of my insights and experiences.
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The Marketing and Licensing Pipeline: Metrics for New/Like-New TTOs
Today brings us to my final Metrics Monday post on metrics for new — or newly reorganized — technology transfer offices (TTOs). Today’s focus is on how you are doing on those all-important final steps to commercialization: marketing and licensing. The TTO at virtually any university, non-profit, or government R&D lab is striving to maximize the benefits of the institution’s research to the public. This overarching, long-term goal is coupled with maximizing the “return” to the institution and perhaps the larger community. Of course, the metrics used to calculate that return can…
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Productivity in Processing Cases: Metrics for New/Like-New TTOs
I’m back with another Metrics Monday post about the types of metrics that new (and newly reorganized) technology transfer offices (TTOs) can monitor while waiting for the long-term metrics to make sense. Ensuring that invention disclosures and your technology portfolio are being processed effectively is key to keeping the office running efficiently. As your office matures, the TTO’s productivity in processing cases should increase. So this is a key short-term goal to focus on. One of the general metrics for monitoring for case processing productivity is the percent of…
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Invention Disclosure Pipeline: Metrics for New/Like-New TTOs
When it comes to invention disclosures, a TTO’s overarching goal is to ensure that any and all commercially viable inventions discovered within the R&D labs are disclosed to the TTO. In order to successfully achieve that long-term goal, the TTO must ensure that researchers (1) recognize their obligations relating to intellectual property (IP), (2) are aware of the existence of your office and how to work with you, and (3) understand (in general) the process and benefits of commercialization. To achieve these three sub-goals, new TTOs especially must do…
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Metrics for New – or Like-New – Tech Transfer Offices (TTOs)
Any individual tech transfer success requires a long lead time. Yet, stakeholders want to see progress NOW! I know how frustrating that can be, yet they deserve to know how you’re doing. And you need to know how you’re doing. But this is challenging when the TTO is brand new or so newly reorganized that the full impact of your work can’t be known. So I’m going to offer up three general areas on which to focus early in the life of your TTO. Tracking metrics in these three areas will help put a new office on the right path to increase the probability of long-term success. The three areas to track are…
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