The technology transfer and commercialization office at the University of South Dakota has one goal: to introduce new products and services into the marketplace. The office helps inventors develop ideas, find investors and get patents on them. It also partners with other companies to bring new products to consumers who might benefit from them.
Technology transfer and licensing take an invention from a research lab to the market.
As a researcher, you’ve spent years developing your invention and studying its applications in different fields. Now that your work has reached the point where it could be useful to others outside of research, there are several organizations that can help move this idea forward and get it into the hands of people who need it.
The process of bringing an invention from a research lab to the market is known as technology transfer and licensing. Technology transfer offices are responsible for taking inventions out of laboratories and making them available for use by businesses, nonprofits, and other organizations that can benefit from using them. The role of these offices varies across different schools; some offer support only during patenting or licensing processes while others also assist with product development or marketing plans once products have left campus labs (for example).
Every year, universities file thousands of patent applications that cover everything from computer chips to new drugs.
Every year, universities file thousands of patent applications that cover everything from computer chips to new drugs. Patents are a way to protect intellectual property and they’re an important part of the university’s income. Universities get paid for patents they hold and have to file patents in order to protect their inventions.
Universities receive funding for the work researchers do and there are rules about how it’s used.
Universities receive funding from the government, private companies, and foundations. This is called “external funding”. For example, universities can receive money from the federal or state government to support research that benefits society.
They also receive grants or contracts with private companies for research on a specific topic. Universities may also have their own funds that they use for research purposes. Universities are required to disclose their inventions in order to protect them and patent them if necessary.
Researchers have to disclose their inventions in order to protect them and patent them.
In order to get a patent, an inventor must disclose their invention. Disclosure is not the same as a patent and it’s not required for every idea or invention. However, if you want to protect your idea from being stolen by someone else, then disclosure is essential. As the National Institutes of Health states: “The act of disclosure can be simple or complex depending on the nature of your research.”
Researchers are often asked about why they chose not to file for patents when disclosing their inventions.
There are three major groups of patents: Patents covering engineering or software products, new medicines, new chemicals, and business methods.
- Patents covering engineering or software products: This type of patent protects the design and function of an invention, such as the automated manufacturing machine.
- Patents covering new medicines and drugs: These patents protect the way a medicine works, its uses, and its properties. For example, a drug used to treat diabetes may be patented.
- Patents covering chemicals: The patent system provides protection for chemical compounds that have been discovered. The government grants exclusive rights over particular aspects of these discoveries in order to ensure that companies do not profit from others