Welcome to The Office of Technology Transfer!
The Office of Technology Transfer (OTT) is responsible for managing the intellectual property (IP) assets of James Madison University including inventions, copyrights for software and printed materials, and outgoing Material Transfer Agreements for biological materials.
The OTT provides the following services:
- Informs campus researchers about the technology transfer process
- Advises faculty on IP issues
- Solicits and analyzes invention disclosures from faculty, staff, and students
- Analyzes the IP space of the invention for commercialization feasibility and patentability
- Fosters inventor participation in the technology transfer process
- Licenses tangible research property for commercial use
- Licenses patents and copyrights for commercial use
- Connects inventors and venture creation resources
The OTT seeks to build a working relationship with researchers and inventors to facilitate the awareness of the technology transfer process. Once we receive invention disclosures from JMU faculty, staff, and students, we review the invention with its inventor(s) to learn about potential applications. We evaluate these disclosures for their commercial possibilities by analyzing the IP space of similar inventions. The IP Assessment report provides valuable insight to the inventor, the university, potential partners and investors as to who and what inventions are in the space as well as how unique the invention or concept is to the marketplace.
With the IP Assessment as a springboard, we develop a licensing strategy, consider the technical and market risks, decide whether to patent the invention, recruit companies that may be interested in developing the invention, and seek a champion within a company before negotiating a licensing agreement. Likewise, we consider whether the invention warrants the creation of a company, a desirable outcome for economic development for the right invention and the right team of people to take it to market.
Successful licensing results in cash royalties collected by the OTT will be shared with the inventors, their departments, and colleges according to the university's Intellectual Policy 1107. Furthermore, long-term collaborative relationships with industry are developed to sustain on-going research for a pipeline of collaborative research and innovation at JMU.
What We Do
Our mission is to promote innovation, enhance research by connecting inventors and industry, and foster economic development through protecting and commercializing intellectual property.
Our vision is to create a new and unique model for university technology transfer by analyzing our intellectual property potential in the marketplace, partnering with corporations, and assessing entrepreneurial management teams, start-up companies will be given a stronger opportunity for success.
We serve faculty, staff, and students producing innovative ideas and intellectual property with commercial potential and Corporations seeking to work collaboratively on JMU research projects to develop their products and business.