Licensing
Once a technology reaches a certain stage of maturity, the next steps require additional resources, activities and expertise usually beyond the scope of a university. At this stage of development, the innovator can either pursue a start-up company or license the technology to a company. Licensing a technology is a formal legal agreement that allows a company to manufacture, market and sell a technology. See the videos for more information on how to decide when a technology is ready for licensing and the steps to license.
- Nine Points to Consider in Licensing University Technology – This document was provided by AUTM. It summarizes the perspectives from a small meeting in the summer of 2006 convened by Stanford University’s then Dean of Research Arthur Bienenstock with research officers, licensing directors and a representative from the Association of American Medical Colleges to brainstorm about issues around university technology transfer.
- Term Sheet Recommendations for Launching University Life Science Startups - From Columbia University’s Tech Transfer Office, this is a collation of best practices for licensing university life science start-ups. These recommendations come from a round table that included 7 universities and 6 venture capital firms.