office of intellectual property management oklahoma state university dr. steven c. price associate...
TRANSCRIPT
![Page 1: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/1.jpg)
OFFICE OF OFFICE OF INTELLECTUAL PROPERTY MANAGEMENTINTELLECTUAL PROPERTY MANAGEMENT
OKLAHOMA STATE UNIVERSITYOKLAHOMA STATE UNIVERSITY
Dr. Steven C. PriceDr. Steven C. PriceAssociate Associate Vice President for Research and Vice President for Research and Technology DevelopmentTechnology Development
![Page 2: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/2.jpg)
New Product Development Center (NPDC) Center for Innovation and Economic
Development (CIED) Cowboy Technologies Office of Intellectual Property Management
(OIPM) Technology and Business Development Group Research Park, Incubator, Accelerator RIATA Center for Entrepreneurship “For Profit Company” International Technology Transfer Center (ITTC)
![Page 3: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/3.jpg)
To To fosterfoster the creation of innovative the creation of innovative
technologies and to technologies and to managemanage those those
technologies and other intellectual technologies and other intellectual
property for the benefit of the property for the benefit of the
University and the public.University and the public.
![Page 4: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/4.jpg)
Interface between faculty and the commercial Interface between faculty and the commercial sectorsector
Work with patent counsel to assess Work with patent counsel to assess patentability/licensabilitypatentability/licensability
Evaluate markets for commercialization of Evaluate markets for commercialization of inventionsinventions
Identify potential licenseesIdentify potential licensees Negotiate terms of licensesNegotiate terms of licenses
Assist with negotiating problematic sponsored Assist with negotiating problematic sponsored research agreementsresearch agreements
Help faculty start companiesHelp faculty start companies
![Page 5: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/5.jpg)
Royalties: (after recovery of costs) 50% to inventor 30% to OIPM 20% to college or division
![Page 6: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/6.jpg)
![Page 7: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/7.jpg)
![Page 8: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/8.jpg)
![Page 9: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/9.jpg)
OIPM handles contracts totaling $4-5 million/year (@50)
They all have in common “special” non-typical intellectual property terms
![Page 10: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/10.jpg)
Prototype development, feasibility demonstration, “fleshing out” patent claims, etc.
Approximately $200,000 per year for 8 projects
![Page 11: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/11.jpg)
Since program inception in 2005, TBDP has funded $855,450 and generated: 22 disclosures Jobs for 53 students 5 licenses 11 start-up companies/interest in start
up 19 patents/applications $2,062,879 leveraged funding $5,120,891 pending
![Page 12: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/12.jpg)
SensorCorr, LLC Markets corrosion sensors.
Indus Technology Web-edge sensor that measures edge position of thin-flexible materials more accurately than existing technologies.
NanoGenix Improved electrode cellular interfaces on bionic implants.
CleanHands, LLC Combines Radio Frequency Identification (RFID) with a traditional soap dispenser to provide employers with the ability to track hand washing compliance.
HALSA, Inc. HALSA has developed the Securite Stability Frame that assists in improving the balance and stability of users, including the elderly and rehabilitation patients, to replace constant aid from facility workers.
Novel Water Softening A reusable chemical sponge technology that removes magnesium and calcium ions that cause hard water, without depositing salt into the groundwater.
Secure Analytics, Inc. Secure Analytics has created a patented algorithmic solution that shuffles data within a confidential data set, yet allows it to maintain the same statistical properties.
Xplosafe Real-time onsite detection kit for improvised explosive compounds such as TATP, HMTD and Chlorate based explosives.
![Page 13: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/13.jpg)
OIPM and the TBDP have supported projects moving in to this program;
To date six projects have graduated from CIE
The CIE program connects up with another program called the pre-TBDP—helps very early projects get ready for TBDP funding.
![Page 14: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/14.jpg)
For profit business Provide
oversight/accounting/management Vehicle from which additional funding
can be obtained For example SBIR/STTR
![Page 15: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/15.jpg)
Harvesting technologies from around the world, including the U.S.
OSU does marketing and licensing Share proceeds “50-50” Signed agreement with inventors from
the Republic of Georgia in area of holography
![Page 16: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/16.jpg)
Intellectual Property
An aggregate of rights resulting from the creative
efforts of the mind
Usually used for data, technical know how, which
is protected by patents, plant variety certificates, trade secrets, copyrights,
and trademarks
![Page 17: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/17.jpg)
What is a Patent?A legal right that permits the
owner to exclude others from making, using, and
selling an invention. Exclusionary Right lasts for 20 years from the date the patent application is filed
In return an inventor must disclose the invention to the
public
![Page 18: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/18.jpg)
TESTS OF PATENTABILITY
• New, novel, innovative• Demonstrably different from prior art• New use• Improvement
• Useful• Non-obvious to person with ordinary skill in the art
• Surprising• Unexpected
![Page 19: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/19.jpg)
Steps for obtaining a Patent
• Prepare Invention Disclosure Report
• Patent Application is prepared by an attorney
• Patent application is sent to US Patent and Trademark Office for “filing.” Patent is now “pending.”
• Patent prosecuted, “allowed,” issued-grant made to the inventor, published.
![Page 20: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/20.jpg)
Patent Disclosure The Invention disclosure asks for:
:Good descriptive titleSimple descriptionDate it was madeRecent literature including talks given and thesis preparedNames of inventorsFunding sourcesSignatures
![Page 21: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/21.jpg)
Publishing & Seminars• In the US a person has one year
from the time of public disclosure of an invention to file a patent application
• However, this “grace period” is not recognized outside the US, and in most foreign countries one cannot obtain a foreign patent if public enablement occurs before filing a US patent
![Page 22: OFFICE OF INTELLECTUAL PROPERTY MANAGEMENT OKLAHOMA STATE UNIVERSITY Dr. Steven C. Price Associate Vice President for Research and Technology Development](https://reader035.vdocument.in/reader035/viewer/2022062519/56649ea35503460f94ba70ca/html5/thumbnails/22.jpg)
Therefore, we recommend that the patent process begin before you publish your paper or give a talk