Licensing practice of patented inventions created from Universiti Putra Malaysia
- 02 Jan 2020
Licensing activities of the UPM`s invention will begin after the invention got an IP protection (patent/industrial design/copyright SD/new plant variety). All the R&D that have a potential to be commercialized will be supported by university to filing for IP.
After the invention got patent pending filing numbers by the Intellectual Property Corporation of Malaysia (MYIPO), we will start the promotion activities to approach the industry to license UPM technologies. UPM will make sure the invention securely protected before we approach the industries to prevent others infringes the invention.
If there is potential industries want to license the invention or have an interested to look into license opportunity, we will make sure the invention do the IP filing process first before the further discussion about licensing negotiation. Overall cost for filing IP processed will take into consideration in licensing fee and royalty negotiation.
Initial discussion with the industry will be brief about the invention. The inventor will not disclose the important part of the technology and NDA signing is a must. The IP status will be informed clearly before further licensing term sheet will be discussed to the industry.
After the protection, Promotion and Marketing Department under Putra Science Park, UPM (formerly known as UPM Innovation and Commercialization Centre) will promote the invention through the various channels such as website innovation directory, innovation directory book, exhibition, UPM Innovation Open Day, press conference, press release, advertisement on newspaper/magazine/business directory, industry networking session thru seminar/ exhibition/ visiting and also from the inventor networking.
In UPM practices, NDA would sign when the second or third discussion with the interested parties. In the first discussion is about the ice breaking session between the industry, researcher and UPM TTO (Putra Science Park) and brief discussion on how collaboration with the university. Sometimes the discussion will not be ended with commercialization but can change to contract research or only consultation from our expertise.
If there are two licensing choices as licensees between a college-based start-up company created based on the invention or an existing corporation, UPM will prefer to award the license to the an existing corporation because of several factors;
1. Strength of the capital and market controlled
2. Capability and commitment from the company to fulfil the technology gap in up-scaling the technology
University Start-up Company did not have capital money to pay for the licensing fees and still need to rise their funding from the government funding and bankers. We will not prefer University Start-up Company in this scenario but not if the Start-up Company from the existing corporation itself.
Putra Science Park
Universiti Putra Malaysia
(UPM Technology Transfer Office)
@ JPO/IPR Seminar IPMT, Tokyo Japan - 2016