3.0

credits

Average Course Rating

This is a continuation of BU.790.040 Leading Technology Commercialization. The focus of this course is the commercialization of technological discoveries: tangible products like compounds, drugs, or devices, as well as intangible co-products or “know how.” This course covers the concepts and organizational issues involved in selecting an invention or discovery, and converting it to a viable business. This course enables the student to recognize and screen technology opportunities. You will learn the ins and outs of intellectual property creation, protection, sale and acquisition, how to license technology that others have patented, and how to license your own technology to others to create diverse revenue streams. Largely focusing on biotechnology inventions and discoveries originating in universities, the course covers the ownership of the invention, protecting the intellectual property, forming a company, overcoming regulatory hurdles, and other related issues common to this type of enterprise. Particular attention will be paid to economic issues ranging from when and how to raise initial capital to strategies to harvest the profits.