The Office of Licensing and Ventures is responsible for patents, licenses and other intellectual property matters for Duke University. In addition, it has responsibilities for corporate-sponsored research (in collaboration with the Office of Research Administration), corporate gifts and corporate programs for the Medical Center.
Specific functions of the office include:
- Manage the University's technology transfer process, including the following:
- Solicit, receive and review Invention Disclosures from faculty and staff who have made inventions or developed other intellectual property through the use of Duke resources.
- Determine patentability and marketability of inventions.
- Manage the filing and prosecution of patent applications on selected inventions.
- Market inventions to potential licensees and negotiate license agreements.
- Receive royalties and other related payments, and make distributions in accordance with University Policy on Inventions, Patents and Technology Transfer.
- Solicit, receive and review Invention Disclosures from faculty and staff who have made inventions or developed other intellectual property through the use of Duke resources.
- Draft, review, negotiate, and approve corporate-sponsored research agreements, and related sub-agreements, for both clinical and non-clinical projects in the medical center, and coordinate with other offices as necessary (Office of Research Administration, University Counsel, Financial Affairs, Institutional Review Board, Compliance Office, Risk Management, Conflict Committee).
- Advise the Office of Research Administration on intellectual property matters relating to government- and foundation-sponsored research. Advise the Office of Research Support on intellectual property matters on sponsored research agreements processed by that office.
- Serve as a resource to faculty on matters relating to corporate-sponsored research and intellectual property, including processing of Confidentiality Agreements and Material Transfer Agreements.
- Conduct various entrepreneurial activities.