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才智在线淘宝 * Technology and Economic Development Technology and Economic Development * 才智在线淘宝 Intellectual Property Issues in Research Jim Baker Director Office of Technology and Economic Development jrbaker@ 7-2228 才智在线淘宝 Objectives Inform researchers on issues related to intellectual property in research. Relevant laws, policies, and rationale for University approach to IP rights. Basics of patenting, commercialization, and patent licensing. Relationship of IP rights to general progress and advancement of academic research programs. Breadth versus depth – follow up for details. 才智在线淘宝 Outline Background Terminology University Policies Federal Rules Federal Contracting Issues Industrial Contracting Issues Patent Commercialization and Licensing Basics Using IP to grow your Research Program 才智在线淘宝 Terminology Ownership Sole control of an asset (Intellectual Property (IP) in this context). Subject to any legal encumbrances. License The right to use an asset/IP. Exclusive License A license under which the licensor agrees to not provide licenses to any third party. Non-Exclusive License A license under which the licensor reserves the right to provide licenses to third parties. 才智在线淘宝 University Policy - Objectives Board Of Control Policy 18.1.1: “The research objectives of Michigan Technological University are: To encourage scholarship and to assist and improve education. To discover and disclose new knowledge. To promote the utilization of new discoveries for the public benefit. To aid, encourage, and support industry, particularly within Michigan. To support the research objectives of State and Federal agencies. The University supports research for these stated objectives and not merely because the ideas involved may be potentially profitable.” 才智在线淘宝 University Policy Highlights – IP Protection and License Revenue “The University may claim patent and/or proprietary rights where a concept is reduced to practice with the use of University facilities or in the course