Tips on Licensing Technology for Entrepreneurs
Technology Transfer usually takes two forms
Acquiring and/or licensing intellectual property is a common practice of technology based, innovative companies and usually takes two forms:
- In-Licensing, which is acquiring (for a fee) the intellectual property rights to use or commercialize products or programs.
- Out-Licensing, which is receiving fees from another party for the rights to use or commercial products or programs.
Resources for Entrepreneurs seeking Technology to License
Medical College of Wisconsin Office of Technology Development
The MCW Office of Technology Development facilitates the transfer of technology generated from research and clinical practices into commercial products that benefit MCW, the community and the public.
Milwaukee School of Engineering
MSOE is recognized across the country as a university dedicated to excellence and innovation in research. The Applied Technology Center (ATC) is a reflection of this national reputation.
The UWM Research Foundation
The Office of Technology Transfer negotiates research contracts with the private sector and, working in collaboration with the UWM Research Foundation, helps move UWM’s intellectual property into the marketplace by establishing licensing agreements with entrepreneurs and companies.
Wisconsin AlumniResearch Foundation (WARF)
WARF is the intellectual property licensing arm and tech-transfer agent of UW-Madison, the nation’s top public R&D university. WARF welcomes inquiries about university patents available for licensing or entrepreneurial start-ups, and can take an equity position in companies spinning out of UW-Madison research.
WiSYS Technology Foundation, Inc.
The mission of WISYS is to support research at the all the UW system campuses except UW-Madison and UW-Milwaukee by protecting and licensing inventions created by UW system campus scientists, and returning the licensing proceeds to fund further research at the universities.