Universities & Tech Transfer Offices
Technological innovation is represented by the conversion of knowledge into new products and processes which, when commercialized, generate wealth. Universities’ role is to develop state of the art scientific knowledge to foster industry’s R&D activities. This process is complete when the ideas are realized into commercially viable products in the marketplace.It is therefore imperative for universities to protect and commercialize their ideas. Hourglass Research provides solutions to universities and their technology transfer offices (TTOs) in the entire lifecycle of this process. Our expert researchers assess the patentability and worth of your ideas, draft patent applications to secure IP rights, assess the market and the most feasible commercialization strategy, and finally, convert the intellectual capital into money through licensing deals.After the legislations such as the Bayh-Dole act, many universities have been investing majorly into researching and patenting process, establishing techXfer offices, creating valuable patent portfolios and generating excellent returns on their investments. We help universities manage their portfolios, identify the white spaces for further research and extract value from their innovations.