Last month there was a series of posts on the AUTM members discussion group on the topic of metrics. Metrics is a topic that Fuentek has thought about before. And we’ve recently completed several organizational analysis projects with a heavy metrics component. So I wanted to chime in with some context and best practices. Then I offer some specific recommendations for TTO metrics.
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…
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…
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…
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…
Get useful tech transfer tips and news delivered right to your inbox!
By submitting this form, you are consenting to receive emails from: Fuentek, LLC. You can unsubscribe at any time by clicking the link at the bottom of every email.
