Technology Transfer

Greg Brown, Arnie Frishman, and Paul Savereide provide advice the Office for Technology Commercialization (OTC), the office at the University whose mission is to facilitate the transfer of University of Minnesota technology to licensee for the development of new products and services that benefit the public good, foster economic growth and generate revenue to support the University’s research and educational goals. Mark and Arnie provide advice to OTC regarding non-standard terms in patent license agreements, software agreements, non-disclosure agreements, material transfer agreements, and assist in drafting and negotiating complex agreements. Technology created by University employees in the course of their employment, by students or fellows in their course of their academic duties or appointments, or by anyone using substantial University resources is owned by the University and is subject to Regents Policy: Commercialization of Intellectual Property Rights (PDF). The employee, student, or individual should contact OTC if they believe they have created technology in one of these contexts. OTC’s website offers valuable information for inventors looking for help in reporting an invention, industries interested in licensing University technology, and University entrepreneurs seeking to start a company.