Technology Transfer

Technology Transfer

Commercialization Process

Bringing a new technology from discovery to societal impact is a dynamic journey involving multiple stages of innovation, development, protection, and commercialization. Whether uncovering new knowledge, creating innovative technologies, advancing breakthrough discoveries toward real-world applications, or exploring commercial pathways, understanding the lifecycle stages is essential to maximizing the impact of your work.

Explore the Technology Transfer Process to learn how we partner with you at every step,  transforming ideas from the lab into commercial solutions that benefit our region and beyond.

Research

Observations and experiments during research activities often lead to inventions. It's important to keep good, reliable laboratory records of your research activities for several reasons. Remember, to contact Technology Transfer before you send or receive any research materials outside the University.

Before sharing the results of any research, or publishing it's important to ask the Technology Transfer Office whether the document or disclosure contains any innovation or discovery that could be patented.

Pre-Disclosure

The inventor(s) should contact us early to discuss the invention, in order to determine if the timing is appropriate to submit an Invention Disclosure Form. Multiple researchers often contribute to an invention, and determining inventorship is important because the law specifies that only those who have made independent, conceptual contributions to an invention are inventors.

Inventors can also assist at this step by doing a thorough prior art search at www.uspto.gov. To learn how to conduct a general patent search on the United States Patent and Trademark website please contact the University’s Patent Technology Associate.

Invention Disclosure  

The inventor(s) will complete and submit an Invention Disclosure Form to the Technology Transfer Office. Our Patent Technology Associate is available to assist with the completion of the form. This written disclosure begins the formal technology transfer process. An invention disclosure remains a confidential document, and should fully describe your invention so that the options for commercialization can be evaluated and pursued.

Assessment  

Invention Disclosure Forms received by Technology Transfer are logged and evaluated. The inventor(s) are required to present a fifteen-minute presentation to a patent committee. Please note that the University’s Patent Technology Associate and Licensing Associates are available to assist with the preparation and review of the presentation prior to the patent committee meeting.

The technology is evaluated with the input of the inventor(s). Any necessary patent searches are conducted and market research is conducted to confirm the invention’s commercialization potential. The evaluation process will guide the  strategy on whether to focus on licensing to an existing company or to help the inventor(s) create a new start-up business. 

Protection  

Based on the assessment, the University will determine if it will file for patent protection on the invention. Patent protection is not sought for all invention disclosures received due to the high cost of filing ($6,000 - $10,000). The filing and prosecution of patent applications are done by outside patent attorneys. The patent attorney will be familiar with the field of the invention, but is unlikely to be an expert.

Therefore, it's essential that the inventor(s) cooperate in the timely review and preparation of the patent application. The inventor(s) should provide the attorney with any details that make the invention novel, useful, and non-obvious and any other information that may be required by the attorney, to obtain meaningful patent protection. 

Marketing  

With the inventor’s involvement, the Technology Transfer Office will conduct market research and identify candidate companies that have the expertise, resources, and business networks to bring the invention to market. The inventor’s active involvement in preparing information to be presented to companies can dramatically enhance the success of this process.

Both non-confidential summaries (NCS) of the technology and confidential information, protected by a confidentiality agreement (CDA), may be used during the marketing stage. It's important to note the inventor(s) may be required to meet with the respective licensee in order to discuss the technology in greater detail.

Licensing

Our office negotiates customized agreements that enable the responsible development of university technologies while protecting the interests of both UToledo and its inventors.

Rather than transferring ownership, most technologies reach the marketplace through licensing agreements that grant specific rights to third parties. Even with an exclusive license, UToledo typically retains the right to continue using the technology for research and educational purposes, allowing inventors to further advance their work.

Technologies typically follow one of two commercialization pathways:  licensing to an existing company or launching a startup. Consistent with the goals of Innovate Toledo, our team actively connects promising innovations with the companies, entrepreneurs, and investors best positioned to scale them.

The timeline for identifying a suitable licensing partner varies significantly. For example, licensing a research tool or material may take only a few weeks, while a therapy, medical device, or pharmaceutical portfolio requires a longer development and partnership process.

Traditional 

A representative from Technology Transfer licenses the invention to a third party. If the University is successful in licensing the invention to a third party, the institution will split any income derived from the license in accordance with the patent or copyright policy. Most University inventions tend to be in the early stage of the development cycle and require substantial commercialization investment, making it difficult to attract multiple licensees. Once a licensee has been identified negotiating specific terms for different materials will take different amounts of time.

Start up Company 

  1. If the invention is a platform technology and the inventor is interested in forming a start-up company, a representative from the Technology Transfer Office will explain the policies and requirements necessary to obtain a license from the University. In general, the inventor will be required to submit a business overview document to her or his Chair and Dean as well as Technology Transfer. 

    Once the Dean and Chair have agreed it's okay for the faculty member to proceed, the University’s Research and Sponsored Programs Office will prepare two conflict-of-interest documents:

    1. Between the faculty member and the University
    2. Between the startup company and the University 

    After the conflict-of-interest documents are signed, a representative from Technology Transfer will begin to negotiate the license agreement. Please note that the University inventor is not permitted to participate in this process and is strongly encouraged to hire legal counsel to represent the newly formed business’ interests.

    Typically, the financial terms of a license for a University start-up include the following:

    1. Upfront license fee
    2. Industry standard royalty rates
    3. Minimum annual royalty
    4. Sublicense fees
    5. Milestone payments
    6. A percentage of equity
    7. Reimbursement of all patent expenses

Licensing Management

Once a technology is licensed, our office maintains all records and manages the ongoing agreement. Our office maintains licensing records and works closely with licensees to support the successful development and market entry of UToledo innovations.

Product Development

Developing a product primarily entails product design, engineering and testing. University faculty and start-ups can work with the Office of Research and Sponsored Programs, Rocket Innovations and Business Incubator to identify and apply for SBIR and STTR grants to cover the expenses associated with developing a product. The start-up will also need to perform market research and market analysis to determine how the company plans to enter the market. Start-up companies can benefit from interaction with fellow entrepreneurs and University faculty, staff and students in one of the University’s incubators. University Incubation also works with economic development resources, including, but not limited to: Rocket Innovations, Ohio Department of Development, and Regional Growth Partnership.

Commercialization

The licensee company continues the advancement of the technology and makes other business investments to develop the product or service. This step may entail further development, regulatory approvals, sales and marketing, support, training, and other activities.

For information or to begin the commercialization process, please contact Technology Transfer.  

Research and Technology Complex 1
2600 Dorr St.
Toledo, OH  43606
419.530.6225
Mail Stop 218
2801 W. Bancroft St.
Toledo, OH 43606

Last Updated: 8/10/26