The Office of Technology Transfer defines success in many ways. Our success stories fall into the following general categories/scenarios:
Step 1: An invention disclosure is submitted to Technology Transfer. This in and of itself can be a success story.
Step 2: Syracuse University protects the intellectual property using the most appropriate method(s), whether that be a patent application, copyright, trademark application, or trade secret.
- Scenario 1: The intellectual property is licensed to an existing company.
- Scenario 2: The intellectual property is licensed to a start-up company involving the inventor.
- Scenario 3: The intellectual property is licensed to a start-up company not involving the inventor, but in which the inventor enters into a consulting agreement with the licensee.
- Scenario 4: The intellectual property is licensed to another university that has received funding and wants to test the efficacy of the technology in a particular setting.
- Scenario 5: The intellectual property is licensed to a company involving the inventor AND the startup pursues and receives funding that is only available to projects involving university/industry collaborations.
- Scenario 6: The inventor “talks up” the technology with potential licensees.
- Scenario 7: Inventors curious about starting a company around their technology learn more about what is needed by participating in a pre-seed workshop. Please contact the Office of Technology Transfer to learn more about this opportunity.
Many other scenarios are also possible. Explore your success story possibilities by contacting the Office of Technology Transfer.