The history of technology transfer at Stanford dates back to an early pilot program launched in 1970 by Niels Reimers, a program that put the university in an excellent position to use the Bayh-Dole Act. The law passed in 1980 gave U.S. universities ownership of all patents developed with federal funds. Today, Stanford University and the success of technology transfer are almost synonymous. But success is more than a matter of timing. Stanford`s Office of Technology Licensing (OTL) has a flexible and broad view of the evolution of its intellectual property, which has made Stanford a popular business partner. This chapter reveals the secrets of Stanford`s OTL`s success. In retrospect, it is clear that the hardness test for the Stanford model at midnight on the 2nd. December 1997 arrived – the time when the Cohen/Boyer patent (non-renewable) for recombinant DNA expired.
That moment, then called the “stumbling block” by Stanford officials, may have defeated some operations, but at Stanford, the event spurred several years of intense activity, with the university opening the campus to industrial ideas like it had never done before. As Ku said, the OTL was ready: “We had consistently moved towards more industry-friendly conditions.” The fact that it took just six years for Stanford to halve its record year of bachelor`s degree with Cohen/Boyer underscores the solid foundation Reimers laid — and points the way to another exciting decade in Silicon Valley. 21.2 Right. This Agreement and any dispute arising therefrom shall be governed by the laws of the State of California, United States of America, which apply to agreements negotiated, performed and enforced in California. 14.5 Distribution of sub-licensing revenues. Prior to the granting of a sublicense, GOOGLE undertakes to negotiate with STANFORD in order to reach an agreement satisfactory to both parties and a fair distribution of the revenues of the sub-license to be paid to STANFORD for such a sub-license, which will be exported exclusively during the “patent license” period. The nature of the animal means that it would be commercially naïve to set targets, either for licensing operations or for licensing revenues. “On average, we expect to receive five or six new disclosures a week. About half of them are patented and we concede about a third. Of course, we look at the number of licenses each partner brings compared to this average,” Wiesendanger said, “but there can be no absolute criteria; Fields vary greatly and cyclically in their appetite for new technologies. Katharine Ku (email@example.com) is Director of the Office of Technology Licensing at Stanford University. A woman. Ku has a BS from Cornell University and an MS from the University of Washington, both in chemical engineering.
OTL seeks the most effective means of technology transfer for public use and benefits and to this end deals with the evaluation, commercialization, negotiation and licensing of university-owned inventions or copyrighted materials with commercial potential. . . .