Technology Innovation and Economic Development: About Our Services
Our work exemplifies two of the university's Core Values of Engagement and Innovation by creating partnerships with the business community and supporting faculty/ research related to entrepreneurship, technology, commercialization and new venture formation and growth. Additionally, the revenues generated support more research and innovation for university departments and colleges.
Rewarding our inventors motivates them to solve real-world problems. Our services to innovators include:
- education on the intellectual property protection process and prior art search
- patent applications
- competition analysis
- connections to business planning functions such as:
- market analysis
- business plan development
- negotiation of licensing agreements
Commercialization success supports future research and innovation development endeavors. Technology Innovation and Economic Development serves the faculty, staff, and students of JMIJ by helping to identify and promote innovations developed at the university.
James Madison Innovations, Inc. (JMI)
JMI serves as JMU's affiliated entry for licensing inventions, ensuring effective commercialization of the innovation with a high level of service to the inventor.