Stanford University is often asked to assist other non-profit organizations in their technology transfer efforts, particularly those organizations that do not have the resources or expertise to establish their own formal technology transfer office. In keeping with its interest in helping sister organizations, Stanford established a separate wholly-owned Limited Liability Corporation (Stanford OTL-LLC) to allow Stanford’s Office of Technology Licensing to act as a licensing agent for these organizations.
To date, OTL-LLC has established formal relationships with Oceanic Institute, an organization dedicated to aquaculture research in Hawaii (http://www.oceanicinstitute.org/) and the Lucile Packard Children’s Hospital in Palo Alto, California (http://www.lpch.org/) and the Monterey Bay Aquarium Research Institute (MBARI) in Moss Landing, California (http://www.mbari.org/). We provide consulting services to the Children’s Hospital of Oakland Research Institute (CHORI).
The OTL-LLC has received patent donations from SAIC (http://www.saic.com/). For information on these technologies, please contact Linda Chao at firstname.lastname@example.org.
Arrangements with the OTL-LLC vary. With some organizations, OTL-LLC takes all the risk and liability in exchange for a share of the royalties. In other relationships, OTL-LLC has an agency relationship whereby the partner signs any license agreement after OTL-LLC has marketed the technology, found a licensee and negotiated the terms and conditions on behalf of the partner. If an organization is not ready to commit to a formal arrangement, the OTL-LLC can bill on an hourly basis. OTL-LLC wishes to leverage its licensing expertise on behalf of its partners to evaluate, market and license technology, or to help organizations set up technology transfer offices.
OTL-LLC is willing to train licensing personnel after they have taken basic licensing courses offered by organizations such as AUTM or LES.
For those who wish to understand the Stanford way of licensing, a DVD entitled “Inside Stanford University's Office of Technology Licensing” is available for purchase at http://www.customflix.com/205652. The DVD is a collection of 4 hours of interviews and presentations by OTL professionals, providing an engaging and detailed overview of Stanford's technology transfer process, plus a set of documents (e.g., example license agreements, job descriptions, sample standard operating procedure guidelines, etc.) for reference.
For more information, contact Katharine Ku at:
Stanford University OTL, LLC
1705 El Camino Real
Palo Alto, CA 94305