Working with UR Ventures David Williams Dean for Research in Arts, Sciences, & Engineering.

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Presentation transcript:

Working with UR Ventures David Williams Dean for Research in Arts, Sciences, & Engineering

Costs & Benefits of Tech Transfer Will tech transfer make me rich? Can I do tech transfer on 5 minutes a day? Will my interest in commercialization conflict with my interest in research ? Will my commercial activities help or hinder my academic career development?

Costs & Benefits of Tech Transfer Will tech transfer make me rich? Can I do tech transfer on 5 minutes a day? Will my interest in commercialization conflict with my interest in research ? Will my commercial activities help or hinder my academic career development?

Cumulative royalties Inventor Share Department ShareSchool Share IP Pool Share $0-$50K50%20%10%20% $50K-$250K40%20%15%25% >$250K35%20% 25% Distribution of Royalties from University of Rochester License Agreements

Costs & Benefits of Tech Transfer Will tech transfer make me rich? Can I do tech transfer on 5 minutes a day? Will my interest in commercialization conflict with my interest in research ? Will my commercial activities help or hinder my academic career development?

Typical academic’s concept of technology transfer

Costs & Benefits of Tech Transfer Will tech transfer make me rich? Can I do tech transfer on 5 minutes a day? Will my interest in commercialization conflict with my interest in research ? Will my commercial activities help or hinder my academic career development?

Costs & Benefits of Tech Transfer Will tech transfer make me rich? Can I do tech transfer on 5 minutes a day? Will my interest in commercialization conflict with my interest in research ? Will my commercial activities help or hinder my academic career development?

Thanks for coming! Please consider joining us at our open house 1:00 – 4:00 p.m.