Office of Technology Transfer Group
What is Intellectual Property (IP)? – Creations of the human mind, such as: inventions, literary & artistic works, symbols, names, images (e.g. logos), designs, collections, etc.
Why Protect, Manage, Develop & Commercialize IP?
- To promote dissemination of information & materials
- For the public benefits of products brought to market
- To obtain recognition & rewards for innovators
- To attract research & development funding
- To attract & retain researchers
- For educational advancement
- To comply with federal government regulations
- To promote economic development (e.g. new jobs & businesses)
- To facilitate UMB participation in the knowledge-based economy
- IP protection can open new scientific advances & thereby promote progress
How can we help Protect IP?
- Patents
- Copyrights
- Trade or Service Marks
How can we help Manage IP?
Advice – regarding managing IP owned solely/jointly by UMB & avoiding problems with IP owned by others
Confidential Disclosure Agreements (CDAs) (a.k.a. Non Disclosure Agreements (NDAs))
Licensing protected IP - as well as Biological Material License Agreements (BMLAs) for material transferred from UMB for commercial purposes. BMLAs may include a fee and/or an earned royalty
Marketing IP to prospective licensees
How can we help Develop & Commercialize IP?
Protecting & Licensing – delineate an opportunity for development & commercialization. Also, licenses may include milestones to encourage developing IP toward a commercial form.
Fostering new or small businesses which use UMB IP by –
- Low cost early-stage licensing (e.g. for equity)
- Space to “incubate” businesses
Information & Analysis – legal, technical and/or commercial –
- IP law – whether or not to protect – when to protect - patentable scope - legal processes
- State-of-the-art searches
- New uses for innovations
- Identifying commercial applicability & market information
License management – monitoring licensees & enforcing license provisions
- Quick Links
