The research commercialization office introduces the TPP model, focusing on the commercialization of Third-Party Projects. This model leverages the potential of semi completed or completed projects developed through collaborations with external partners.
Example: A company funds a university lab to develop a new sensor device; the project is jointly managed, and when the product comes to market, the company and university share revenues / IP rights,.
The TPP model recognizes that valuable innovations can emerge from collaborative research efforts. It offers a framework to bridge the gap between collaborative research and successful market adoption. Here’s a breakdown of the model:
Opportunity Assessment - We begin by evaluating the commercial potential of the third-party project. This includes analyzing the technology’s novelty, market need, and potential for further development. We also assess intellectual property ownership and establish clear agreements with collaborators regarding commercialization rights.
Project Completion (if necessary) - Depending on the project’s stage, the TPP model may involve providing support to complete the technical development. This could include access to our facilities, expertise, or funding to finalize the prototype or technology.
Patent & Commercialization - Similar to the PPC model, the TPP model prioritizes securing patents for the jointly developed technology.
The inventor and The Superior University will jointly own the intellectual property (IP).
For more information and support, please feel free to get in touch with our expert team members.
Manager Innovation and Commercialization, ORIC
Assistant Manager Innovation & Commercialization, ORIC
