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Technology TransferOne of our region’s most important assets is our thirteen colleges and universities. In an effort to strengthen Northeastern Pennsylvania’s economy, NPTI is implementing a regional technology transfer strategy. The premise is that each school by itself doesn’t create enough intellectual property to warrant a technology transfer office. However, collectively our members do research that should produce innovative ideas. As a result, NPTI developed a memorandum of understanding with the Penn State University Intellectual Property Office to develop a system that assists a faculty member in the transition from “aahhh, I have an idea” to “great, now we can generate revenue and possibly create a company”. For more information on the Technology Transfer initiatives in Northeastern Pennsylvania please contact Robert Watts at 570-341-8099. Penn State University’s Intellectual Property office will develop Intellectual Property from our membership in a four step process:
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