Initial contact

1
Technology Transfer Process
Initial contact Intellectual Property
Questionnaire (IPQ) form submitted.
Discussion with inventor(s). Additional
information collected.
Initial assessment, marketing information
developed, evaluation checklist completed.
Yes
Additional information or work on IP required?
No
Release IP to inventor(s)
Proceed with process?
No
Yes
Develop marketing strategy. Identify potential
company(s)
Initiate contact with company(s). Asses interest
2
Yes
Is company interested?
Contact another company?
Re-evaluate IP
No
No
Yes
Develop relationship. Execute confidentiality agre
ement.
Review plan for patent protection and marketing
plans for product.
Negotiate the type of licensing agreement and
royalty payment plan.
Sign agreement (s).
Monitor relationship. Look for other
opportunities with company.