Under SMU Policy 10.16, the Office of Research (OR) is the University office charged with management of SMU’s Intellectual Property (IP). OR collaborates with General Counsel at SMU and retains outside counsel to assess, protect, and commercialize Intellectual Property.
Technology Transfer is a transfer of knowledge that transfers scientific findings from one organization to another for the purpose of further development and commercialization. This process typically includes:
- Identifying new technologies.
- Protecting technologies through Patents and Copyrights.
- Forming development and commercialization strategies such as marketing and licensing to existing private sector companies or creating new startup companies based on the technology.
OR’s mission is to encourage innovation, enhance Research, and facilitate economic development through the transfer of Intellectual Property (IP).
Before publicly disclosing your invention, sending it out to an external (unless under a NDA), or submitting a manuscript for review and publication, faculty, staff, and students who create a patentable IP should submit your Online Invention Disclosure Form at https://smu.wellspringsoftware.net/kms/. The invention disclosure is a written description of your invention.
Once your invention disclosure is submitted, a review of the invention by the Director of Contracts and Technology Management is performed to check for compliance, check for any related agreements or Awards related to the technology and all invention disclosures are sent to a third party consultant for the market assessment.
Upon receipt of the market assessment, the OR team will review and evaluate if SMU should move forward with the protection of the technology, request inventor conduct additional Research, or release the rights to the technology back to the inventors. If the technology was developed with the use of federal funds, before OR can release the rights to the inventors, OR will first need to receive approval from the federal Funding agency to release the rights to the inventor.
As an alternative to approving the assignment, the Government may choose to retain rights if it is the opinion of the awarding agency that this is in the public's best interest.
OR Manages IP through:
- Patent Filing
- Negotiation of licenses for commercial use
- Other agreements