Technology Development CenterOklahoma State University

Dr. Steven C. PriceAssociate Vice President for Research and Technology Development

Technology and Business Development Program at OSU

New Product Development Center (NPDC) Center for Innovation and Economic

Development (CIED) Cowboy Technologies Technology Development Center (TDC) Technology and Business Development Group Research Park, Incubator, Accelerator RIATA Center for Entrepreneurship “For Profit Company” International Technology Transfer Center

(ITTC)

TECHNOLOGY DEVELOPMENT CENTER

Our Mission:To foster the creation of innovative technologies and to manage those technologies and other intellectual property for the benefit of the University and the public.

What We Do Interface between faculty and the

commercial sector Work with patent counsel to assess

patentability/licensability Evaluate markets for commercialization

of inventions Identify potential licensees Negotiate terms of licenses Assist with negotiating problematic

sponsored research agreements Help faculty start companies

Inventor rewards and incentives

Royalties: (after recovery of costs)

50% to inventor 30% to TDC 20% to college or

division

Disclosures Per Year 1996 – 2009Oklahoma State University

Number of Licenses Yielding Income Per Year1996 – 2009Oklahoma State University

Income from Licenses Per Year 1996 – 2009Oklahoma State University

Problematic Contract Service to the UniversityTDC handles contracts totaling $4-5 million/year (@50)They all have in common “special” non-typical intellectual property terms

TECHNOLOGY AND BUSINESS DEVELOPMENT PROGRAM• Prototype development, feasibility

demonstration, “fleshing out” patent claims, etc.

• Approximately $200,000 per year for 8 projects

Technology and Business Development Program

Since the program’s inception in 2005, TBDP has funded $855,450 and generated: 22 disclosures Jobs for 53 students 5 licenses 11 start-up companies/interest in start up 19 patents/applications $2,062,879 leveraged funding $5,120,891 pending

Companies Started with TBDP Money

• SensorCorr, LLC – Markets corrosion sensors.

• Indus Technology – Web-edge sensor that measures

edge position of thin-flexible materials more accurately than existing technologies.

• Novel Water Softening – A reusable chemical sponge

technology that removes magnesium and calcium ions that cause hard water, without depositing salt into the groundwater.

• CleanHands, LLC – Combines Radio Frequency

Identification (RFID) with a traditional soap dispenser to provide employers with the ability to track hand washing compliance.

• HALSA, Inc. – HALSA has developed the Securite

Stability Frame that assists in improving the balance and stability of users, including the elderly and rehabilitation patients, to replace constant aid from facility workers.

• NanoGenix – Improved electrode cellular

interfaces on bionic implants.

Companies Started with TBDP Money (cont)

• Secure Analytics, Inc.– Secure Analytics has

created a patented algorithmic solution that shuffles data within a confidential data set, yet allows it to maintain the same statistical properties.

• Xplosafe – Real-time onsite detection

kit for improvised explosive compounds such as TATP, HMTD and Chlorate based explosives.

Creativity, Innovation, and Entrepreneurship Scholar’s Program (CIE)Joint effort with the business school• OIPM and the

TBDP have supported projects moving in to this program; To date six projects have graduated from CIE.

• The CIE program connects up with another program called the pre-TBDP—helps very early projects get ready for TBDP funding.

• For profit business

• Provide oversight/accounting/ management• Vehicle from which additional funding can be obtained• For example

SBIR/STTR

International Technology Transfer Center

• Harvesting technologies from around the world, including the U.S.

• OSU does marketing and licensing• Share proceeds “50-50”• Signed agreement with inventors

from the Republic of Georgia in area of holography

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Intellectual Property• An aggregate

of rights resulting from the creative efforts of the mind

• Usually used for data, technical know how, which is protected by patents, plant variety certificates, trade secrets, copyrights, and trademarks

WHAT IS A PATENT?

• A legal right that permits the owner to exclude others from making, using, and selling an invention.

• Exclusionary Right lasts for 20 years from the date the patent application is filed.

• In return an inventor must disclose the invention to the public.

TESTS OF PATENTABILITY• New, novel, innovative

• Demonstrably different from prior art• New use• Improvement

• Useful• Non-obvious to person with ordinary skill in

the art• Surprising• Unexpected

Steps for Obtaining a Patent

1. Prepare Invention Disclosure Report

2. Patent Application is prepared by an attorney

3. Patent application is sent to US Patent and Trademark Office for “filing.” Patent is now “pending.”

4. Patent prosecuted, “allowed,” issued-grant made to the inventor, published.

Patent DisclosureThe invention disclosure asks for:• Descriptive title• Simple description• Date invention was made• Recent literature including talks given

and thesis prepared• Names of inventors• Funding sources• Signatures

Publishing & Seminars• In the U.S. a person has one year from the

time of public disclosure of an invention to file a patent application.

• However, this “grace period” is not recognized outside of the U.S., and in most foreign countries, one cannot obtain a foreign patent if public enablement occurs before filing a US patent.

• Therefore, we recommend that the patent process begin before you publish your paper or give a talk.