|
Options for Commercialization
There are two options for commercialization of research
discoveries. One path is through a license agreement with a company that
has access to the appropriate R&D resources and markets to fully develop
and commercialize the invention. The other involves development of a start-up company
specifically designed to develop the new technology. While
commercialization through a company is common, faculty
researchers at USC are also encouraged to take an entrepreneurial role
in order to develop their invention through a start-up. The IP Office
will work with you to assist in deciding which option is the most viable
transfer mechanism for your specific discovery.
- License to an Existing Entity or Company: The most
traditional and common form of commercialization is to license a
discovery through an established, financially-stable corporation
that will invest financial and human resources to ensure the
successful development of research. The USC IP Office will
work with the company representatives to review licensee rights and
responsibilities.
- License to a Start-Up or Become an Entrepreneur: A
start-up company is typically created to develop a particular
technology for commercialization. In the U.S., thousands of
university researchers become entrepreneurs by either
creating start-ups themselves or engaging directly with
newly-formed local or regional start-ups. Start-up companies operate with a high degree of innovation and
aggressive, pragmatic leadership. Their focus is the particular
technology, and therefore their resources can be specifically
pointed to the development of that technology alone. For assistance in
creating a start-up or licensing to a start-up, visit
Resources for Entrepreneurs.
|