Faculty’s Responsibilities
Those in red are shared responsibilities with PCI
- Identify research program likely to produce results of commercial interest
- Disclose research results to CTT
- Faculty-CTT dialogue about disclosure
- Assist counsel with patent prosecution
- Sign documents required for patenting and licensing
- Provide copies of references and supporting materials for patent prosecution
- Prepare non-confidential information
- Market technology
- Sign deal acknowledgement form
- Fulfill Penn COI reporting obligation
- Facilitate “transfer” of technology from Penn to licensee, as appropriate
PCI’s Responsibilities
Those in red are shared responsibilities with faculty
- Identify research program likely to produce results of commercial interest
- Faculty-CTT dialogue about disclosure
- Assess disclosure for patentability
- Provide feedback to PI about assessment
- Select and pay patent counsel to prepare and file patent application for select inventions
- Assist counsel with patent prosecution
- Sign documents required for patenting and licensing
- Prepare non-confidential information
- Market technology
- Negotiate Option/License Agreement
- Provide feedback to faculty on status of licensing
- Sign license
- Facilitate “transfer” of technology from Penn to licensee, as appropriate
- Monitor license agreement, pay ongoing patent maintenance fees,
and distribute net income in accordance with Penn Patent Policy