One of our region’s most important assets is our fourteen colleges and universities. In an effort to strengthen Northeastern Pennsylvania’s economy, tecBridge is implementing a regional technology transfer strategy.

The premise is that each school by itself doesn’t create enough intellectual property to warrant a technology transfer office. However, collectively our members do research that should produce innovative ideas. As a result, tecBridge developed a memorandum of understanding with the Penn State University Intellectual Property Office to develop a system that assists a faculty member in the transition from “aahhh, I have an idea” to “great, now we can generate revenue and possibly create a company”.

Penn State University’s Intellectual Property office will develop Intellectual Property from our membership in a four step process:

  1. Inventors submit an invention disclosure to University/tecBridge
  2. tecBridge forwards invention disclosure to Penn State Intellectual Property Office (IPO)
  3. Technology Licensing Officer (TLO) is assigned to manage invention
  4. TLO assesses invention
  5. TLO addresses any outstanding issues
  6. TLO formulates/IPO implements appropriate patent strategy
  7. TLO markets invention to potential licensees with input and assistance from inventors
  8. TLO negotiates agreements with potential licensees in consultation with tecBridge and University
  9. IPO continues to monitor License Agreement

To participate in acquiring Intellectual Property you must be a member of our fourteen colleges and universities, which include:

East Stroudsburg University; Johnson College; Keystone College; King’s College; Lackawanna College; Luzerne County Community College; Marywood University; Misericordia University; Penn State University – Hazelton; Penn State University – Scranton; Penn State University – WB; University of Scranton; Wilkes University; The Commonwealth Medical College (TCMC)

  • IPO Template

For more information, please email us at info@tecbridge.com.

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