Our four principles of industry engagement are:
- Penn State will not seek to retain ownership of IP resulting from industry-sponsored research
- A new Sponsored Research Agreement has been created that will significantly shorten negotiation times and lead to greater success in finalizing agreements.
- Many research services for which Penn State is uniquely qualified to perform can be agreed to with a simple Research Services Agreement.
- For research funded through federal dollars, Penn State will provide a fixed-cost licensing option at the time the agreement is executed. This is a completely new process that will give industry time to assess the commercial potential of the IP.
Industry Friendly IP Policy
Penn State has developed a menu of options to service a wide variety of industry needs. If a company is only interested in securing access to project IP, Penn State may provide an up front royalty-free non-exclusive right to utilize IP for commercial purposes, along with an option to negotiate exclusive rights. Penn State also may offer an up front exclusive license for commercial purposes, subject to a pre-negotiated royalty or fee.
For the complete scope of Penn State's position on IP, please visit the Senior Vice President for Research's website.
Technologies Available for Licensing
The Office of Technology Management has descriptions of over 650 technologies that have been patented through The Penn State Research Foundation. Search Penn State technologies available for licensing.