The Office of Technology Licensing empowers the transfer of Georgia Tech technology from lab to marketplace, promoting societal benefit and generating royalty revenue. Our licensing process is designed to ensure a collaborative and smooth path from interest to agreement. After an inventor has submitted a new invention disclosure, OTL evaluates their innovation and files for intellectual property protection. The step-by-step guide to license Georgia Tech technologies follows these key stages:
- Technology Marketing to connect with industry partners
- Commercialization plan detailing the pathway to market
- Term sheet addressing key licensing terms
- License negotiations to finalize the license agreement
- License Compliance to monitor licensee’s performance