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TECH TRANSFER @ NU
 

About Tech Transfer

Tech Transfer assists faculty, students, and staff in moving academic innovation from the bench to the market.

Technology Transfer is responsible for implementing the Patent and Invention Policy for Northwestern University, and fostering the transfer of novel technologies from the University to industry to introduce new products in the market for public benefit.

Transfer of innovative ideas from the laboratory to the marketplace is a complex endeavor that depends on the close cooperation of individuals and institutions, and usually requires that ideas are protected by patents or other means before the often substantial investment required to support development, manufacturing, marketing and sales costs are undertaken.

When an invention is commercialized under license to a company, a number of benefits may flow to the inventor, the laboratory, and the institution. These can include royalty income, research support, recruiting of students, and consulting arrangements, and unique opportunities for collaboration.

A Steering Committee reviews special issues related to inventions, patents, licensing and commercialization efforts of the University and to make appropriate recommendations.