What should you know about Intellectual Property? Katharine Ku Office of Technology Licensing.

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Presentation transcript:

What should you know about Intellectual Property? Katharine Ku Office of Technology Licensing

Most Universities have Intellectual Property Policies Patents Copyrights Software Courseware Tangible Research Property –Know-how –Maskworks

What about patents? New, useful, non-obvious Publication –Foreign rights –US Rights Patent Expenses –$15,000-$25,000 US Patent 2-4 years for a patent to issue Inventorship determination

Copyrights Original expression in fixed medium Copyright –Copy, distribute, make derivatives –Beware of other’s rights! Ownership of copyright at universities –Journals, articles, books, thesis –Courses –Software Open source/Creative Commons

Most Universities have a Royalty Sharing Policy Inventor’s share Other shares –University –Department –School –Lab account

If you get Federal funding… Bayh-Dole –Government royalty free license –US manufacture –Preference for small businesses

If you get industry sponsored research Universities usually take title Industry wants: –Nonexclusive royalty free –Exclusive (royalty bearing?) –Confidentiality –Prepublication review

Universities worry about conflict of interest issues Research Students Start-ups Consulting

Privilege: one day per week Consulting Agreement –Usually company owns IP –Confidential information Scope of the Agreement –Probably keep as narrow as possible –University policies should prevail in case of disagreement –Some universities want to review/require disclosure

Life Sciences Physical Sciences Small Companies Large Companies How we see the world of licensing……..

Licensed Inventions Fiber Optic Amplifier ADSL IGBT FM Music Chip MINOS MRI Google

If you think you will invent…. Figure out policies Meet your Technology Licensing Office –Get to know them/they get to know you –Ask/Disclose early (before publication if you can) Patent and Licensing issues are complex! –Don’t let patents skew your academic career

Any Questions?