A-to-Z Index

FOR INDUSTRY

Our Philosophy and Process

We understand that most licensees need to invest substantial time and resources in preparing a commercial product or process for market. Take that investment into consideration, our licensing terms are flexible (within legal constraints imposed by law) and tailored to match market realities.

We are in the beginning stages of making technologies available so we hope you check our currently Available Technologies regularly. By contacting us with your specific interests, we will keep you informed of new technologies which may become available in your area of interest.

A first discussion with a potential licensee may include:

I . Licensee's Objectives and Needs

II. JMU's Objectives and Needs

  • Commercial development for public benefit
  • Share in the financial return
  • Management of potential conflict of interest
  • Conformity to government rules and regulations
  • Indemnification
  • Disclaimer, Warranty and Limitation of Liability
  • Governing Law

III. License Agreement

  • Field(s) of use
  • Exclusivity
  • Term
  • Sublicensing
  • Fee
  • Royalties
  • Diligence milestones

WHAT WE DO


our MISSION... To promote innovation, enhance research by connecting inventors and industry, and foster economic development through protecting and commercializing intellectual property.

our VISION... 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.