Fits and startups: Is university tech transfer flawed?
The Salt Lake Tribune reports on the Technology Commercialization Office of the University of Utah, its recent startup stats, and current business model…
Since 2005, the U. has aggressively pushed technology into the marketplace, using graduate students to develop business plans, help faculty turn inventions into products and in many cases, establishing the businesses and pursuing grants. The process is shrouded in secrecy because of confidentiality agreements, yet the TCO operates outside of a policy framework and with limited faculty oversight.
Meanwhile, some entrepreneurs who want to license technology complain that the TCO is slow to propose terms, costing them precious time and sweat. When the terms finally come, entrepreneurs say, the terms won’t sustain a successful business.
Comments posted by SLT readers are an interesting read as well.