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Technology Licensing Office
University technology transfer offices (TTOs), or technology licensing offices (TLOs), are responsible for technology transfer and other aspects of the commercialization of research that takes place in a university. TTOs engage in a variety of commercial activities that are meant to facilitate the process of bringing research developments to market, often acting as a channel between academia and industry. Most major research universities have established TTOs in the past decades in an effort to increase the impact of university research and provide opportunities for financial gain. While TTOs are commonplace, many studies have questioned their financial benefit to the university. History The history of technology transfer is intimately linked with the history of the science policy of the United States. The foundation for modern American science policy laid way out in Vannevar Bush's letter in response to President Roosevelt's query about whether the US should maintain the high le ...
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Technology Transfer
Technology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform inventions and scientific outcomes into new products and services that benefit society. Technology transfer is closely related to (and may arguably be considered a subset of) knowledge transfer. A comprehensive definition of technology transfer today includes the notion of collaborative process as it became clear that global challenges could be resolved only through the development of global solutions. Knowledge and technology transfer plays a crucial role in connecting innovation stakeholders and moving inventions from creators to public and private users. Intellectual property (IP) is an important instrument of technology transfer, as it establishes an environment conducive to sharing research results and technologies. Analysis in 2003 showe ...
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Physical Sciences And Engineering Accelerator
Physical may refer to: *Physical examination, a regular overall check-up with a doctor *Physical (Olivia Newton-John album), ''Physical'' (Olivia Newton-John album), 1981 **Physical (Olivia Newton-John song), "Physical" (Olivia Newton-John song) *Physical (Gabe Gurnsey album), ''Physical'' (Gabe Gurnsey album) *Physical (Alcazar song), "Physical" (Alcazar song) (2004) *Physical (Enrique Iglesias song), "Physical" (Enrique Iglesias song) (2014) *Physical (Dua Lipa song), "Physical" (Dua Lipa song) (2020) *"Physical (You're So)", a 1980 song by Adam & the Ants, the B side to "Dog Eat Dog (Adam and the Ants song)#"Physical (You're So)", Dog Eat Dog" *Physical (TV series), ''Physical'' (TV series), an American television series See also

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Innovation Economics
Innovation economics is new and growing field of economic theory and applied and experimental economics that emphasizes innovation and entrepreneurship. It comprises both the application of any type of innovations, especially technological, but not only, into economic use, in classical economics this is the application of customer new technology into economic use; but also it could refer to the field of innovation and experimental economics that refers the new economic science developments that may be considered innovative. In his 1942 book ''Capitalism, Socialism and Democracy'', economist Joseph Schumpeter introduced the notion of an innovation economy. He argued that evolving institutions, entrepreneurs and technological changes were at the heart of economic growth. However, it is only in recent years that "innovation economy," grounded in Schumpeter's ideas, has become a mainstream concept". Historical origins Joseph Schumpeter was one of the first and most important schol ...
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Intellectual Property Policy
An intellectual property policy comprises the policies and procedures set up by a company, a state, or an institution that relate to creating, using or disseminating intellectual property. The purpose of the intellectual property policy is to foster the creation and dissemination of knowledge and to provide certainty in individual and institutional rights associated with ownership and with the distribution of benefits that may be derived from the creation of intellectual property. Different types of IP policies National IP policies express the intent of a country to use the intellectual property system in a defined manner to achieve a stated goal. National IP strategies are measures taken by a government to realize its IP policy objectives. Many IP-related policies and strategies promote research and innovation and encourage the transfer and dissemination of technology. Institutional IP policies are policies put in place by universities or research institutions to address IP is ...
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Science (journal)
''Science'', also widely referred to as ''Science Magazine'', is the peer-reviewed academic journal of the American Association for the Advancement of Science (AAAS) and one of the world's top academic journals. It was first published in 1880, is currently circulated weekly and has a subscriber base of around 130,000. Because institutional subscriptions and online access serve a larger audience, its estimated readership is over 400,000 people. ''Science'' is based in Washington, D.C., United States, with a second office in Cambridge, UK. Contents The major focus of the journal is publishing important original scientific research and research reviews, but ''Science'' also publishes science-related news, opinions on science policy and other matters of interest to scientists and others who are concerned with the wide implications of science and technology. Unlike most scientific journals, which focus on a specific field, ''Science'' and its rival ''Nature (journal), Nature'' c ...
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Biomedical Research
Medical research (or biomedical research), also known as experimental medicine, encompasses a wide array of research, extending from "basic research" (also called ''bench science'' or ''bench research''), – involving fundamental scientific principles that may apply to a ''preclinical'' understanding – to clinical research, which involves studies of people who may be subjects in clinical trials. Within this spectrum is applied research, or translational research, conducted to expand knowledge in the field of medicine. Both clinical and preclinical research phases exist in the pharmaceutical industry's drug development pipelines, where the clinical phase is denoted by the term ''clinical trial''. However, only part of the clinical or preclinical research is oriented towards a specific pharmaceutical purpose. The need for fundamental and mechanism-based understanding, diagnostics, medical devices, and non-pharmaceutical therapies means that pharmaceutical research i ...
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Tragedy Of The Anticommons
The tragedy of the anticommons is a type of coordination breakdown, in which a commons does not emerge, even when general access to resources or infrastructure would be a social good. It is a mirror-image of the older concept of tragedy of the commons, in which numerous rights holders' combined use exceeds the capacity of a resource and depletes or destroys it. The "tragedy of the anticommons" covers a range of coordination failures, including patent thickets and submarine patents. Overcoming these breakdowns can be difficult, but there are assorted means, including eminent domain, laches, patent pools, or other licensing organizations. The term originally appeared in Michael Heller's 1998 article of the same name and is the thesis of his 2008 book. The model was formalized by James M. Buchanan and Yong Yoon. In a 1998 ''Science'' article, Heller and Rebecca S. Eisenberg, while not disputing the role of patents in general in motivating invention and disclosure, argue that b ...
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Patent Thicket
A patent thicket is "an overlapping set of patent rights" which requires innovators to reach licensing deals for multiple patents. This concept is associated with negative connotations and has been described as "a dense web of overlapping intellectual property rights that a company must hack its way through in order to actually commercialize new technology". Origin of the expression The expression may come from ''SCM Corp. v. Xerox Corp.,'' 645 F.2d 1195 (2d Cir. 1981), patent litigation case in the 1970s, wherein Smith Corona, SCM's central charge had been that Xerox constructed a "patent thicket" to prevent Competition (economics), competition. Uses and alternative names Patent thickets are used to defend against competitors design around, designing around a single patent. It has been suggested by some that this is particularly true in fields such as Software patent, software or pharmaceuticals, but Sir Robin Jacob (judge), Robin Jacob has pointed out that "every patentee of a m ...
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Michael Heller (law Professor)
Michael A. Heller is a Professor of Real Estate Law at Columbia Law School. He concentrates on property law. Heller coined the term ''"tragedy of the anticommons"'' while working as a law professor at University of Michigan Law School in a 1998 ''Harvard Law Review'' article entitled "The Tragedy of the Anticommons: Property in the Transition from Marx to Markets". Heller is a graduate of the Quaker Sidwell Friends School in Washington, DC, Harvard College, and Stanford Law School. He worked as a summer associate at the Washington, DC white shoe law firm of Arnold & Porter LLP. From 1994-2002, Heller taught at the University of Michigan Law School. He joined the Columbia Law School faculty in 2002. Heller has focused on private property laws and international property dilemmas, publishing such articles as "The Liberal Commons" (with Hanoch Dagan), in the ''Yale Law Journal'' in 2001, and "A Property Theory Perspective on Russian Enterprise Reform," in ''Assessing The Rule of Law ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 1948, ...
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Intellectual Property Policy
An intellectual property policy comprises the policies and procedures set up by a company, a state, or an institution that relate to creating, using or disseminating its intellectual property. The purpose of the intellectual property policy is to foster the creation and dissemination of knowledge and to provide certainty in individual and institutional rights associated with ownership and with the distribution of benefits that may be derived from the creation of intellectual property. Different types of IP policies National IP policies express the intent of a country to use the intellectual property system in a defined manner to achieve a stated goal. National IP strategies are measures taken by a government to realize its IP policy objectives. Many IP-related policies and strategies promote research and innovation and encourage the transfer and Technology transfer, dissemination of technology. Institutional IP policies are policies put in place by University, universities or Res ...
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