From new options for cancer diagnosis and treatment, to improved wireless communications, researchers at the University of Wisconsin–Madison are developing game-changing innovations for the marketplace with the support of industry partners.
But fostering these industry-university research partnerships has historically depended on negotiating terms that at times has required a lot of back and forth and uncertainty.
Now, an intellectual property model adopted by UW–Madison is making it easier and faster for university researchers to license laboratory discoveries to businesses and entrepreneurs who can then turn them into important and even life-saving commercial products.
With the Badger IP Industry Advantage program, companies interested in conducting research through the university can avoid some of the speed bumps that have slowed the transfer of technology from research to product. The program will make research agreements and associated intellectual property licensing more transparent, simpler and mostly negotiation-free on fair terms.
Read more here: https://news.wisc.edu/uw-unveils-intellectual-property-models-to-build-industry-partnerships/