TECHNOLOGY TRANSFER OVERVIEW – THE UNIVERSITY PERSPECTIVE Comp 290-083 (Tim Quigg) April 11, 2003 Mark Crowell Associate Vice Chancellor for Economic Development Director, Office of Technology Development UNC-Chapel Hill
Technology Transfer Core Activities Invention evaluation and patenting Invention marketing and licensing Research support and funding (industry and other) Service to researchers (MTAs, CDAs, campus IP experts) Support faculty recruitment
Technology Transfer Core Activities – (previous slide, plus….) Focal point for institution’s focus on economic development issues (jobs!) Liaison activities with state/region Venture funding initiatives Business development / management recruitment activities Incubator facilities / partnerships Carolina North development
Technology Transfer - Major Challenges “All things to all people” syndrome Mission creep – insufficient resources Pre-seed / bridge funding Business development expertise / resources Conflict of interest management Management accessibility for start-ups Tech transfer manpower Costs / risks of success (are we ready?) Policy threats to Bayh-Dole / tech transfer