Technology Transfer Process
It’s never too early to get familiar with policies and processes through the Office of Technology Commercialization (OTC), a division of the Purdue Research Foundation that specializes in taking you through the technology transfer process.
This process includes the following steps (details available in our Technology Transfer Process Document):
- Policies: Learn more about intellectual property and how to use it to ascertain and protect your market niche.
- Commercialization Processes: This is really the heart of the technology transfer process. Learn about invention disclosure, initial review, disclosure assessment, legal issues, filing for a patent, getting business licensure, and revenue distribution.
- Forms and Agreements: this is a very handy section that includes all the forms you will need throughout the Technology Transfer Process.
- Funding: Secure money for short-term projects that will enhance commercial value of Purdue University intellectual property assets through the Trask Innovation Fund. Or with our initiative, the Emerging Innovations Fund, that offers financial support for startup companies. By providing funding for very early-stage companies, we help speed the process from discovery to delivery.
To ensure that your innovation has the best chance for success, the foundation’s Office of Business Development will take you through its award-winning Businessmaker Process™ or the OTC team will work with you to license and market the commercially viable Purdue technology to the appropriate industry partners.
If you are not connected with Purdue, but are an Indiana native who would like to form valuable ties to the university and learn more about how our business outreach services can guide you through the New Economy rules, please contact the Purdue Portals.