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Tech Transfer Cycle

Penn State Research

Created on May 20, 2024

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Transcript

Research

Disclosure

Revenue

Assessment

Commercial Development

Technology Transfer Cycle

Protection

Licensing

Marketing

Research

Observations and experiments during research activities often lead to discoveries and inventions. An invention is any useful process, machine, composition of matter, or any new or useful improvement of the same. Often, multiple researchers may have contributed to the invention.

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Assessment

The period in which your technology licensing officer reviews (with your input) the invention disclosure, conducts patent searches (if applicable), and analyzes the market and competitive technologies to determine the invention’s commercialization potential. The evaluation process will guide our strategy on whether to focus on licensing to an existing company or creating a new business startup.

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Invention Disclosure

Pre-Disclosure

Early conversations with OTM to discuss your invention and guidance with respect to the disclosure, evaluation, and protection processes.

Contact OTM

Disclosure

The written notice of invention to OTM that begins the formal technology transfer process.

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Protection

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