Our Mission
The Office of Technology Transfer and Enterprise Development is dedicated to protecting and preserving the intellectual property assets of Vanderbilt University, licensing technology developed by Vanderbilt inventors and innovators and assisting in the start-up of companies that commercialize Vanderbilt technology. Through these activities, OTTED substantially benefits inventors, Vanderbilt University, its community and the public at-large.
Specific responsibilities of OTTED include the following:
- Evaluating the commercial potential of new technologies
- Evaluating patentability
- Prosecuting patents
- Registering copyrights
- Marketing and licensing patents, materials, and software
- Negotiating license agreements
- Negotiating material transfer agreements
- Assisting in the negotiation of sponsored research and clinical trial agreements
- Receiving and distributing royalties and other income to inventors and Vanderbilt University schools and departments
- Reporting intellectual property and invention utilization for compliance with award requirements of funding sponsors
- Assisting in the company start-up process
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