OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development

 New Product Development Center (NPDC)  Center for Innovation and Economic Development (CIED)  Cowboy Technologies  Office of Intellectual Property Management (OIPM)  Technology and Business Development Group  Research Park, Incubator, Accelerator  RIATA Center for Entrepreneurship  “For Profit Company”  International Technology Transfer Center (ITTC)

 To foster the creation of innovative technologies and to manage those technologies and other intellectual property for the benefit of the University and the public.

 Interface between faculty and the commercial sector  Work with patent counsel to assess patentability/licensability  Evaluate markets for commercialization of inventions  Identify potential licensees  Negotiate terms of licenses  Assist with negotiating problematic sponsored research agreements  Help faculty start companies

 Royalties: (after recovery of costs)  50% to inventor  30% to OIPM  20% to college or division

 OIPM handles contracts totaling $4-5 million/year  They all have in common “special” non- typical intellectual property terms

Prototype development, feasibility demonstration, “fleshing out” patent claims, etc. Approximately $200,000 per year for 8 projects

Since program inception in 2005, TBDP has funded $855,450 and generated:  22 disclosures  Jobs for 53 students  5 licenses  11 start-up companies/interest in start up  19 patents/applications  $2,062,879 leveraged funding  $5,120,891 pending

 SensorCorr, LLC Markets corrosion sensors.  Indus Technology Web-edge sensor that measures edge position of thin-flexible materials more accurately than existing technologies.  NanoGenix Improved electrode cellular interfaces on bionic implants.  CleanHands, LLC Combines Radio Frequency Identification (RFID) with a traditional soap dispenser to provide employers with the ability to track hand washing compliance.  HALSA, Inc. HALSA has developed the Securite Stability Frame that assists in improving the balance and stability of users, including the elderly and rehabilitation patients, to replace constant aid from facility workers.  Novel Water Softening A reusable chemical sponge technology that removes magnesium and calcium ions that cause hard water, without depositing salt into the groundwater.  Secure Analytics, Inc. Secure Analytics has created a patented algorithmic solution that shuffles data within a confidential data set, yet allows it to maintain the same statistical properties.  Xplosafe Real-time onsite detection kit for improvised explosive compounds such as TATP, HMTD and Chlorate based explosives.

 OIPM and the TBDP have supported projects moving in to this program;  To date six projects have graduated from CIE  The CIE program connects up with another program called the pre-TBDP—helps very early projects get ready for TBDP funding.

 For profit business  Provide oversight/accounting/management  Vehicle from which additional funding can be obtained  For example SBIR/STTR

 Harvesting technologies from around the world, including the U.S.  OSU does marketing and licensing  Share proceeds “50-50”  Signed agreement with inventors from the Republic of Georgia in area of holography

Intellectual Property An aggregate of rights resulting from the creative efforts of the mind Usually used for data, technical know how, which is protected by patents, plant variety certificates, trade secrets, copyrights, and trademarks

What is a Patent? A legal right that permits the owner to exclude others from making, using, and selling an invention. Exclusionary Right lasts for 20 years from the date the patent application is filed In return an inventor must disclose the invention to the public

TESTS OF PATENTABILITY New, novel, innovative Demonstrably different from prior art New use Improvement Useful Non-obvious to person with ordinary skill in the art Surprising Unexpected

Steps for obtaining a Patent Prepare Invention Disclosure Report Patent Application is prepared by an attorney Patent application is sent to US Patent and Trademark Office for “filing.” Patent is now “pending.” Patent prosecuted, “allowed,” issued-grant made to the inventor, published.

 Patent Disclosure The Invention disclosure asks for:  : Good descriptive title Simple description Date it was made Recent literature including talks given and thesis prepared Names of inventors Funding sources Signatures

Publishing & Seminars In the US a person has one year from the time of public disclosure of an invention to file a patent application However, this “grace period” is not recognized outside the US, and in most foreign countries one cannot obtain a foreign patent if public enablement occurs before filing a US patent

 Therefore, we recommend that the patent process begin before you publish your paper or give a talk