9.5.6 Intellectual Properties

The Office of Innovation and Industry Engagement at Michigan Technological University (Michigan Tech) facilitates the efficient transfer of knowledge and technology from the Michigan Tech campus to the private sector. The Office of Innovation and Industry Engagement works with inventors (which include Michigan Tech faculty, graduate students, and research staff) and industry to facilitate licensing agreements for technologies developed at Michigan Tech. The Office of Innovation and Industry Engagement will review, with the assistance of appropriate external and internal advisors, invention disclosures and software disclosures and make recommendations as to whether a disclosure should be pursued for commercialization. The persons making such disclosures will be informed of the Office's action within 45 days for software disclosures and 60 days for invention disclosures. Those disclosures accepted for the University will be processed by the Office and licensed with the assistance of the inventor(s) and author(s).

Terms and conditions for licensing agreements are negotiated on a case-by-case basis. Often, additional research and development is needed in order to bring a new technology to the marketplace. In consideration for corporate sponsored research, exclusive license and option-to-license arrangements can be negotiated.


Revised:
12/08/2016 - Annual Review: No changes made to content.
02/25/2015 - Annual Review: To reflect current practice, the email address for questions is now policy@mtu.edu. No changes made to content.
02/26/2014 - Annual Review: Updated Michigan Tech and Handbook banners. Section "9.5.5 Intellectual Properties" was renumbered to read "9.5.6 Intellectual Properties".
07/20/2011 - Annual Review: Was previously 9.6.6. The sentence "The Intellectual Property Office will review, with the assistance of the Intellectual Property Committee, invention disclosures and software disclosures and make recommendations as to whether a disclosure should be accepted or returned to the inventor(s) or author(s)" now reads "The Office of Innovation and Industry Engagement will review, with the assistance of appropriate external and internal advisors, invention disclosures and software disclosures and make recommendations as to whether a disclosure should be pursued for commercialization." To reflect current University titles and practice, Intellectual Property Office is now Office of Innovation and Industry Engagement, MTU is now Michigan Tech and the email address for questions is now hbwebmaster.