Wayne State Technology Commercialization (TC) is responsible for the identification, protection, marketing and licensing of intellectual property (e.g., patents, unique biological or other materials, and certain copyrights) developed by WSU faculty, staff and students. The TC Office promotes an entrepreneurial culture and supports start-up ventures and regional economic development. TC also negotiates Material Transfer Agreements and Confidentiality Agreements and reviews the Intellectual Property terms of Sponsored Research Agreements.
The goal of Technology Commercialization is to comprehensively manage and aggressively pursue technology transfer activities to support the faculty and the university in translating innovative ideas from the university to the marketplace. As part of continuing improvement, TC has added three new programs to support technology validation, venture development and entrepreneurial education:
- The “Technology Development Incubator ” provides access to proof of concept funding and industry expertise to expeditiously advance inventions through the early technical and commercial feasibility assessments and milestones.
- The Mentors-in-Residence program employs experienced entrepreneurs with specialized industry and venture expertise to assist the faculty and TC in the creation of high growth potential start-ups.
- The Innovation Fellows Program is designed to generate the next generation of entrepreneurial scientists for high tech industry with the skills and knowledge to advance technology from the bench to the marketplace.
TC manages all aspects of the technology transfer process including the encouragement, assessment, intellectual property protection and licensing of inventions; the post-licensing oversight of agreement compliance; distribution of royalties and fees; and record keeping for all aspects of WSU intellectual property technology transfer. In addition, TC is engaged in entrepreneurship training and local economic development and interfaces with Tech Town, the WSU incubator, supporting startup companies founded on WSU technologies.
The goal of WSU Technology Commercialization is to provide high level, quality assistance and services to WSU researchers and our industry partners to maximize the availability of next generation technologies that will benefit society worldwide.
RetroSense Therapeutics receives grant from the Foundation Fighting Blindness for Wayne State University-licensed technology. Read more