Task 1: Current Status
Goal: Document findings of prior studies of technology transfer and commercialization and document current policies and process.
Members:
- Greg Galvin
- Sam Fleming
- Rajit Manohar
- Jim Wrightson
Existing policy statements
Statement of Cornell policy and objectives for technology transfer.
From the CCTEC web site:
Our goal is to support Cornell's land-grant mission and to promote public good by connecting Cornell technology to industry and business development efforts.
Documentation of the steps to acquire a license
Documentation of the steps in the current process required to obtain a license to practice art invented at Cornell by a faculty member. Include situations where the faculty member would like to (or has) set up a company to pursue commercial application of that art as well as situations where an external entrepreneur or venture capital group would like to (or has) set up a company to pursue commercial application of that art.
The CCTEC web site provides a web site with information for industry interested in licensing Cornell IP. The process is summarized in five steps:
- Contact a licensing professional at CCTEC
- CCTEC and company sign NDA to discuss technology deatils
- CCTEC and company negotiate terms
- Letter of intent/evaluation license signed by licensee
- CCTEC and company negotiate and sign license agreement
There is a sample license agreement provided as well.
Documentation of the steps to craft an agreement
Documentation of the steps necessary to craft an agreement between a major corporation and Cornell Center for Technology Enterprise & Commercialization (CCTEC) to develop technology with expertise provided jointly by the company and COE, and I.P. developed to be owned jointly.
Prior recommendations and best practices
Summarize prior studies and recommendations for best practices in technology commercialization including
* Work of the Trustees (See Sam Fleming and Dick Aubrecht)
* The Technology Transfer Committee of the Alumni Council (Are minutes are available from the Alumni Council Office?)
* The Task Force on Diversifying the New York State Economy through Industry-Higher Education Partnerships final report (copies available on line at http://www.nyinnovationtaskforce.org/)
* The Technology Transfer Advisory Council final report (This Council reports to Senior Vice Provost for Research Bob Buhrman. Sam Fleming was on this Council.)