Universities should cultivate start-up environments

To protect their patents, and to gain the most profit from them, universities would do well to develop entrepreneurial atmospheres with their researchers

A recent study has highlighted how ineffectual it is for universities to patent their discoveries. The study shows that the patents do not show a sufficient return on investment to make the technology transfer office of a university worth funding. The Brookings research titled "University Start-Ups: Critical for Improving Technology Transfer" proposes that universities could launch their own start-ups in order to license their patents to these rather than licensing to outside companies for commercial use. 

The research points out that it makes more sense for universities to cultivate an atmosphere for the enthusiastic start-up. Or, professors or inventors could start companies based on their research, rather than sending out their patented intellectual property to commercial companies. By doing so, the universities could then have a greater stake in the organizations using their patents, rather than simply collecting royalties and never seeing a real profit. The research highlights three points that are vital for cultivating a start-up-breeding atmosphere: 

Senior Editor and Community Manager

author image

Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.