Chapter 11. Intellectual Properties/Trademarks
Technology Transfer: The research done at Michigan Technological University that contributes to new knowledge and provides a basis for advanced training of students in a wide range of disciplines. The University supports the transfer of some of this technology into economic development. The transfer of technologies for society's use and benefit generates unrestricted income to support research and education.
In addition to the fundamental educational objectives, research at Michigan Technological University faces the challenge of helping in the economic development of the Copper Country, the Upper Peninsula, and the State of Michigan. The previous reliance of the state and its various regions on a small number of industries and the consequences of that reliance, requires a diversification of the economic base by encouraging the formation of new industries and the enhancement of existing industry.
The purpose of transferring technology into marketable products and processes is twofold. The first and foremost concern, is to create new industry and stimulate existing industry not only locally, but also throughout the State of Michigan and beyond. It is anticipated that such efforts will lead to an improvement in the technological infrastructure of the region which the University calls home.
The University staff and faculty - research, academic, and administrative -are encouraged to develop and pursue any and all ideas that might aid in this endeavor, without jeopardizing the primary mission of the institution. The University will provide its support and resources, within the limits of its policies, the law, and available funding, to assist in the development and eventual transfer to market of the most viable concepts, as evaluated pursuant to established criteria.
The energies of the institution are directed to making technology transfer work in this area. If necessary resources are available, consideration will be given to projects that could be located in the Upper Peninsula, and the rest of the State of Michigan. The purpose is to infuse new technology into this state with resultant economic growth.
A longer term consideration is that such activity may have some potential to provide financial security for higher education, including specifically, Michigan Technological University. An increased tax base and revenues from royalties and licenses, if realized, could cushion the University from the instability of funding that has plagued it for the past several years.
Such assistance in the transfer of technology is available to any employee or student of the University. It is not confined to the academic faculty and research staff. All innovative concepts will receive consideration for participation in this program.Policy
All faculty, staff, and students are required (consistent with the Board of Control Patent Policy) to disclose to Corporate Services all inventions, concepts, discoveries, and computer software that are developed from research conducted at the University, or through the use of University facilities or resources.Procedure
To have technology transferred, do the following:
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