Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap,...

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Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology Transfer Director Naval Surface Warfare Center, Indian Head Division [email protected] (301) 744-6111

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Page 1: Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology.

Using University Expertise For Commercial Assessments

FLC Mid-Atlantic Regional MeetingRocky Gap, MD.

September 21, 2006

Dr. J. Scott DeiterTechnology Transfer Director

Naval Surface Warfare Center, Indian Head [email protected]

(301) 744-6111

Page 2: Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology.

Background

• Commercial IP assessments by experts are expensive– Need a contract in place– Significant funds required– Time to review results

• Very time consuming to conduct in-house assessments– Tech Transfer Office has minimal manpower– Cannot complete assessments on all IP with perceived commercial value

A creative mechanism to obtain quality commercial assessments was needed!

Page 3: Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology.

W. P. Carey Program in Entrepreneurship and Management

• Program administered by Johns Hopkins University, Baltimore, MD

• Novel mechanism for obtaining FREE high quality commercial assessments and potential market for insertion of technology– Management buy-in after providing scenario on program

• “Protected” IP provided to the professor of the Program– Patent applications filed with U.S. PTO

• Provides real-life IP for the curricula as opposed to fictitious IP• Students work in groups of 5 on a technology they select• Groups are highly motivated, intelligent, and cross several majors• Groups interacted directly with inventor(s)

Page 4: Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology.

W. P. Carey Program in Entrepreneurship and Management

• Fall semester conducting commercial assessments– Students taught/directed to cover all aspects of the assessment– High quality report provided– Allows for inventor to alter research

• Spring semester developing a business plan and marketing strategy– Students taught/directed to cover all aspects of a business plan– Markets, companies identified for marketing the invention– High quality report provided

• Formal presentations on their research at end of the courses – Audience consists of major business and technology managers– Tech Transfer Directors and scientists invited

Page 5: Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology.

Unexpected Results

Students working on JMIC Technology: A new defense against aMajor bioterror threat while reducing DoD packaging and shipping costs

• Graduated from JHU • Incorporated into Baltimore Shipping Corp. • Licensed the technology they worked on for 2 semesters• Entered into a CRADA with IHDIV • Obtained TEDCO funding for the CRADA• Developed commercial prototypes - Omnipac • Ready for sales in just over one year

Page 6: Using University Expertise For Commercial Assessments FLC Mid-Atlantic Regional Meeting Rocky Gap, MD. September 21, 2006 Dr. J. Scott Deiter Technology.

Conclusions

• Universities such as Univ. of Baltimore and Johns Hopkins are a high quality source for obtaining commercial assessments on federal IP– Be prepared to provide answers to student’s questions on licensing

– Your scientists must cooperate with student inquiries on a technology

– IP must be protected (at least a filed patent application)

• Contact at JHU: Lawrence Aronhime [[email protected]]

• Contact at U of Balt.: Ron Hawkins [[email protected]]

Sample reports are available for review!