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Overcoming Challenges In Transferring Technology In Academia and Beyond

By Randi Isaacs, Stacy Fredrich and Alyssa Walker
October 02, 2015

University technology transfer offices (TTOs) bridge the gap between innovation and commercialization by identifying ways to protect university-generated innovations from unauthorized exploitation, by obtaining the appropriate protection for such innovations, and by facilitating commercialization of these innovations. Of course, the process of protecting and commercializing intellectual property (IP) is not exclusive to universities. For-profit companies worldwide engage in a similar process; however, universities (as well as start-up and other pre-revenue companies) face unique challenges in these efforts. Six such challenges are identified herein, along with best practices for overcoming those challenges.

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