51社区

As part of the Ohio IP Promise, a collaboration with the state of Ohio and the state鈥檚 public universities, 51社区 has established a best-in-class process for licensing intellectual property and nurturing startup companies.

The goal of the Ohio IP Promise is to foster a climate in which innovation thrives through partnerships among universities, researchers, entrepreneurs, investors and industry. It was established with guiding principles of making such partnerships flexible, transparent, simple, clear, easy and fast. This new approach will ultimately strengthen Ohio鈥檚 economy, attract innovative researchers and serve as a magnet for investors and entrepreneurs.

The program, unveiled by Lt. Gov. Jon Husted on Sept. 6, helps ensure that Ohio鈥檚 public universities are competitive when it comes to the transfer of university discoveries to the commercial sector.

鈥淭he Ohio IP Promise reinforces our ability to ensure that innovations at 51社区 have the best possible opportunity to have a positive influence in the world,鈥� 51社区 President M. Duane Nellis said. 鈥淥ur faculty, researchers and entrepreneurs are second to none and this program further clears the path for their good work to make a difference.鈥�

OHIO offers options for sponsors who desire different degrees of control over intellectual property developed during a sponsored research engagement 鈥� traditional intellectual property terms, risk-managed terms or industry intellectual property ownership.

In addition, the university has published clear and simple guidelines, templates and other information about the licensing process, featured prominently on the Technology Transfer Office website, .

The overall process is intended to help stimulate new sponsored research agreements with industry, offer flexibility in licensing agreements and foster the creation of startup companies.

鈥淭he research conducted at 51社区 is world-class, and we鈥檙e excited to be part of the Ohio IP Promise to help ensure our discoveries realize their full potential for benefiting the public,鈥� Vice President for Research and Creative Activity Joseph Shields said.

51社区 has a long history of supporting economic development in the region and establishing partnerships to help businesses partner with the university to fulfill workforce development or research needs. The Technology Transfer Office was established in 1991 to identify, protect and commercialize 51社区 intellectual property. It negotiates and executes IP-related agreements and assists in the formation of startup businesses. The office is a past recipient of the Deshpande Symposium鈥檚 Exemplary Practice in Technology Commercialization Award.