University IP The Billion Dollar Startup Secret
Speaking Topic Summary
University Intellectual Property – The Billion Dollar Startup Secret How to license rights to University IP for little or no money Did you know there is an untapped billion dollar opportunity for startup companies? It’s called University Intellectual Property and many of the largest and most successful products and companies today were created on technologies licensed from Universities including the V-chip, Habitrol nicotine patch, Google and Cochlear implant hearing devise. With over 40,000 licensing agreements and nearly 5,000 companies spun out of University IP, startups and companies with their roots in the US university system now contribute $40 billion a year to the country’s economy. Universities often have innovative individuals performing cutting edge research and pioneering the development of new ingenious technologies. As a result, many universities hold core patents and fundamental knowhow for breakthrough technologies. And it’s a virtual goldmine of commercial ready technologies and products just waiting for a startup company to license. Obtaining a license from a university to its newly developed technologies allows a startup to gain early access to these technologies, and often at a price tag that is significantly lower than developing the products or technology internally. Licensing University IP will provide an introduction into this billion dollar startup opportunity:
What is University Intellectual property and how to find them in your own backyard What type of licenses are being offered and what is the process of acquiring these university licenses The first thing a startup MUST do before submitting a licensing proposal Understanding some of the key licensing terms and which ones must be included in a startup agreement How to lock up the licensing rights without a formed business How to license the University IP for little or no upfront money What funding sources are available and how a startup can access these funding sources
Licensing Consulting Group 220 Newport Center Drive, Suite 11219 Newport Beach CA 92660 Tel: (646) 395-9573 email: [email protected] www.licensingcg.com
University Intellectual Property – The Billion Dollar Startup Secret How to license rights to University IP for little or no money Did you know there is an untapped billion dollar opportunity for startup companies? It’s called University Intellectual Property and many of the largest and most successful products and companies today were created on technologies licensed from Universities including the V-chip, Habitrol nicotine patch, Google and Cochlear implant hearing devise. With over 40,000 licensing agreements and nearly 5,000 companies spun out of University IP, startups and companies with their roots in the US university system now contribute $40 billion a year to the country’s economy. Universities often have innovative individuals performing cutting edge research and pioneering the development of new ingenious technologies. As a result, many universities hold core patents and fundamental knowhow for breakthrough technologies. And it’s a virtual goldmine of commercial ready technologies and products just waiting for a startup company to license. Obtaining a license from a university to its newly developed technologies allows a startup to gain early access to these technologies, and often at a price tag that is significantly lower than developing the products or technology internally. Licensing University IP will provide an introduction into this billion dollar startup opportunity:
What is University Intellectual property and how to find them in your own backyard What type of licenses are being offered and what is the process of acquiring these university licenses The first thing a startup MUST do before submitting a licensing proposal Understanding some of the key licensing terms and which ones must be included in a startup agreement How to lock up the licensing rights without a formed business How to license the University IP for little or no upfront money What funding sources are available and how a startup can access these funding sources
Licensing Consulting Group 220 Newport Center Drive, Suite 11219 Newport Beach CA 92660 Tel: (646) 395-9573 email: [email protected] www.licensingcg.com
