Assessment Framework for the Evaluation and Prioritization of University Inventions for Licensing and Commercialization

Abstract

:The rise in university technology transfer and licensing activities has overstretched the human and financial resources of the licensing and technology management offices of many U.S. universities. This research proposes a framework to properly predict and identify which of the university's intellectual properties, inventions, or technology discoveries have an above-average licensing and commercialization potential, so limited human and financial resources could be allocated for the pursuit of truly important breakthrough discoveries.This research will identify the determinants and decision factors that influence or impact the licensing and commercialization of university technologies, determine their relative importance, identify the most current and up-to-date technology selection criteria used by the most influential corporate technology licensing professionals, and develop a framework to assist in the assessment of the potential viability of the university's technologies for licensing and commercialization.