Penn, along with fourteen other of the country’s leading research universities—including Brown, Caltech, Columbia, Cornell, Harvard, the University of Illinois, Michigan, Northwestern, Princeton, SUNY Binghamton, UC Berkeley, UCLA, the University of Southern California, as well as Yale University— formally launched the University Technology Licensing Program (UTLP) in FY21.
UTLP combines selected intellectual property assets from among these universities together in the area of physical sciences (e.g. network connectivity, autonomous vehicles, data storage and management applications, etc.) for more efficient licensing outreach by enabling interested tech companies to obtain licenses to inventions from multiple universities at the same time for their existing and future product offerings. By providing this type of one-stop shop for companies to access technologies of potential interest, UTLP is designed to accelerate the pace of innovation in this industrial arena.