Technology Transfer


One 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 570-408-9810.




Penn State University’s Intellectual Property office will develop Intellectual Property from our membership in a four step process:

1.) Assess the market for the Intellectual Property
2.) Develop a protection strategy for the Intellectual Property (patents, licensing strategies)
3.) Market the technology
4.) Negotiate agreements
(Confidential Disclosure, Materials Transfer, Options, Licensing agreements)





 

 





 

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