1. Intellectual Property @Purdue
ARP, New Faculty Orientation
August 22, 2008
Simran Trana
Director
Office of Technology Commercialization

2. How does Purdue manage Intellectual Property?
Guiding Policies
Policy VIII.4.1
Intellectual Property
Memorandum B-53
Use of Copyrighted Materials for Educational and Research Purposes
University Copyright Office - Donna Ferrullo

3. Intellectual Property Policy VIII.4.1
PATENTS
Inventions - IP protectable under US patent law
University owns all rights to all Inventions made in the course of employment by the University, or through the use of University Resources.
Trademark/Servicemark
University owns all rights related to:
an item of Intellectual Property; or
a program of education, service, public relations, research or training program of the University.
PLANT
DESIGN
UTILITY

4. Intellectual Property Policy VIII.4.1
Tangible Research Property - perceptible items produced in the course of research
University owns all rights in Tangible Research Property related to:
an individual’s employment responsibilities; and/or
developed with support from University Resources

5. Intellectual Property Policy VIII.4.1
Copyrightable Work - original work of authorship, which has been fixed in any tangible medium of expression
All rights in Copyrightable Works remain with the creator unless:
created pursuant to the terms of a University agreement with an external party;
created as a specific, written requirement of employment or as an assigned University duty;
specifically commissioned by the University;
the creator of the Copyrightable Work made more than incidental use of University Resources;
the Copyrightable Work is also patentable and/or is associated with a University Trademark .

6. Why is it important?
Helps transform nascent scientific discoveries to products and services available for the public good
Creates jobs
Provides additional revenue to the inventor and university through patent licensing fees.

7. Who is responsible for managing IP at Purdue?
Sponsored Program Services
Research
Office of Technology Commercialization
Patents, copyrights, trademarks, TRP
Conflict of Interest - OVPR
Consulting, start-ups

8. Conflict of Interest Outside Activities Up to 1 day a week
Outside Activities
Up to 1 day a week
Faculty and staff members must obtain prior approval of the President of the University, on President's Form 32a
Recommended by Department Head and Dean
Shall not enter into Intellectual Property agreements related to outside employment, unless approved by the President of the University.
OVPR- Conflict of Interest Manager -Dr. Peter Dunn

9. OTC Mission
The mission of the Office of Technology Commercialization (OTC) is to serve Purdue University through the commercialization of its intellectual property

10. Goals Public Utilization Economic Development Revenue
Faculty Retention
Engagement with Industry

11. What do we do? Advise faculty on IP issues
Foster inventor participation in the technology transfer process
Educate campus researchers about the technology transfer process through a variety of means including seminars with guest speakers
Solicit and analyze invention disclosures from faculty, students, and staff
Analyze commercialization feasibility of university intellectual property and subsequent strategies
License "tangible research property" for commercial use
License patents and copyrights for commercial use
Facilitate faculty and technology start-ups

12. Steps involved www.otc.purdue.edu Not Viable Invention Disclosure
Patents
Copyright
Trademarks
Trade secrets
Invention
Disclosure
Invention
Assessment
IP and
Commercialization
Plan
Management
&
Funding
Start-up
Faculty initiated
Legal Issues
Sponsor related directives
Novelty – disc.
Market potential
Stage of development
License to
Existing
Company

13. Typical license terms Start Up Other Terms License to existing company
Non-faculty/Faculty
Business Plan
Equity
Faculty
Conflict of Interest
License to existing company
Commercialization Plan
Up-front fee
Other Terms
Milestone Payments
Earned Royalty
Minimum Payments
Patent Cost
reimbursement
Caveat emptor

14. Revenue Participation
Under B-10…
License
1/3 Trask/PRF
1/3 Inventors
% Inventor 1
1/3 Department
% Inventor 2
% Inventor 3
1/3 Center/Inst.
2/3 Department

15. # of Disclosures/Patents

16. Big Ten Standings 2005
Number
US Dollars

17. Licenses/Revenue

18. Start-Ups

19. PU/PRF Resources OTC Simran Trana 4-6725 strana@prf.org
Agriculture and Food Science
@prf.org
Eric Lynch Mechanical/Industrial Engineering
Matt McFarland Life Sciences/Pharmacy
Hilton Turner Electrical/Computer Engineering
Shane Fimbel Life Sciences/Molecular Biology
Karen White Software/Chemistry
Business Development
Julie Goonewardene