University Technology Licensing Offices

University Technology Licensing Offices are specialized departments within universities that manage the intellectual property generated from research and innovation. They evaluate inventions, patents, or discoveries, and help transfer these technologies to commercial companies for further development and market introduction. Their goal is to maximize the societal benefit of academic research by facilitating the commercialization process, often through licensing agreements. These offices also support researchers with legal and business aspects, ensuring that inventions can reach the public while the university retains its rights and potentially receives revenue from successful innovations.