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