Intellectual property and working with industry

In the course of their work, Syracuse University’s faculty, researchers, students and staff may develop new technology or make new discoveries. The science, technology, methodology, product, etc. that the employee or student discovers may be intellectual property. When this is true, patents, copyrights or trademarks can be used to protect the inventor/discoverer’s findings and Syracuse University’s interest in them. The next step after protecting such intellectual property may be to explore applications of the technology to the world at large. Is it worth producing? Selling? On its own? Might it improve existing products or practices? If so, then the Office of Technology Transfer will research businesses that might want to license (the legal right to use it, but without ownership) the technology and make the pitch to the businesses.