UNCG OTT Model
Intellectual Property Activities:
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Conducting "prior art" search
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Reviewing statutory bars to patenting (publications, presentations)
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Assessing patentability of the invention
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Working with outside counsel on patent applications and infringement issues
Marketing Activities:
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Determining the state of development of the invention
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Identifying the market for the invention
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Targeting entities with possible interests in the new technology
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Developing a "commercialization plan" for each invention that the university will pursue
Licensing Activities:
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Developing a licensing strategy
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Contacting prospective licensees
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Valuation of IP/Technology
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Negotiating and writing licensing agreements
Administration:
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Record keeping and all licensing documentation
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Obtaining royalty reports
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Collecting royalties
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Conducting periodic audits of licensee