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.

Case Study:

Technology transfer office at a Southern California based research institution wanted to commercialize its portfolio of four patents related to photovoltaic technology. In the phase-I of the study, Hourglass did a thorough study of the technology landscape, the pros and cons of the technology against its competing technologies, estimated the markets in various geographies, studied regulatory constraints in these markets, and finally, recommended out-licensing as the most viable commercialization path. In the next phase of the study, Hourglass identified the potential licensees, their segmental revenues in various geographies and estimated the royalty amounts from licensing. In the final stage of the study, Hourglass prepared pitch books and business plan for approaching these targets and organized meetings with potential licensees. The outcome was a successful licensing deal for the technology.