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The Office of Business
Development and the Inventor: Roles in Technology Transfer
The mission of the Office of Business Development
at The Wistar Institute is to promote the commercialization of inventions
discovered at Wistar for society's use and benefit. Typically this
commercialization arises from the licensing of Wistar intellectual
property (such as patents or proprietary biological materials) to
corporations who then use the licensed Wistar technology to develop
new products. These licenses generate income to support further
research and education at The Wistar Institute.
The Office of Business Development is
also responsible for ensuring that Wistar
meets its obligations to the agencies
that fund your research, such as the federal
government and foundations, regarding
new intellectual property that is developed
during the course of research at Wistar.
As part of these obligations, the Office
of Business Development manages the filing
of patent applications for new inventions
and the execution of material transfer
agreements (MTA's) that govern the transfer
of proprietary biological materials to
and from other organizations.
You, the scientist, are the source of our inventions, producing
the "product" the Office of Business Development is working
to "sell." Your participation in the patenting and marketing
process is crucial to the success of our endeavors. We rely on your
contributions which include: promptly informing us of any new inventions
before they are disclosed to the public; providing a professional,
scientific assessment of your technology and its commercial applications,
helping us identify potential licensees, and providing suggestions
on how best to license the technology. While you as an inventor
do not directly participate in the actual negotiation of license
agreements, we do give careful consideration to your comments and
suggestions and strive to keep you informed throughout the process.
When you, the inventor, disclose a new invention or proprietary
biological material (e.g. a "new technology") to the Office
of Business Development, we will make a prompt decision on the best
way to protect this new technology. We may recommend that Wistar
file a patent application on the technology. The decision to file
a patent application will depend on the technology, its state of
development (e.g. has a practical use of the technology been demonstrated
yet?), the potential applications and market for the technology,
and competing technologies that are in the literature or have already
been patented. The key questions we will ask when making the decision
whether to file a patent application are: (1) will Wistar be able
to license the technology to a corporation for commercial development
and (2) must the technology be patented in order for us to successfully
license it to a third party? The revenues received from our licensing
successes are shared between you (and your co-inventors) and The
Wistar Institute. Because we are a nonprofit organization, we can
never be (nor do we strive to be) a pure business entity that focuses
entirely on maximizing profits. Nonetheless, we strive to be as
business-like and business-oriented as we can within the nonprofit
institution context. We believe that license agreements are the
beginning of long-term relationships for Wistar and thus strive
for fairness, reasonableness, and consistency in our dealings with
industry. We seek to generate the greatest possible return for Wistar
without negatively impacting its research and education mission.
The management of Wistar's intellectual property is complex because
there are often many conflicting interests. The Office of Business
Development works at the interface of science, business, and law
within the multiple contexts of the Institute, industry, and government.
We know that the key to our success is our ability to work well
with our diverse constituencies-inventors, industry, the U.S. Government,
and our Wistar colleagues.
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