5. From Next Gen Spacesuits to…
Research: Dava Newman
http://news.nationalgeographic.com/news/2007/07/photogalleries/spacesuit-pictures/index.html
6. Cool new tools and beyond…
A new concept for battery cathodes
Image and Research:Ju Li et al
Light can “heal” defects in some
solar cells.
Image and Research: S. Stranks & V
Bulović et al.
A pen to helping screen for dementia
and other cognitive disorders.
Image and Research: R Davis et al.
Image: M. O’Reilly, Research: M
Bawendi
Mobile phone compatible quantum
dot spectrometer
Illustration: Jose-Luis Olivares/MIT,
Research: L. Stirling et al
Vibrating footwear
New database interface.
Image: Researchers and MIT News
Research: E. Bakke & D. Karger
New, portable, and low-cost optometry
system.
Research: Raskar, Pamplona et al
Image: Tiago Allen
7. The Role of the TLO
• Receive and evaluate new ideas ‘inventions’ and ‘creative
works’ from faculty and researchers
• Identify, protect market and license intellectual property
• Engage with joint owners to ensure appropriate management of
MIT owned IP
• Assist in the transfer of materials to and from third parties
• Coordinate, review and approve Use of Name requests at MIT
• Manage MIT’s Trademark Licensing Program and compliance of
Trademark Use
8. The Role of the TLO
• Identify background IP required for sponsored research agreements
• Work with OSP on IP terms for sponsored research
• Manage collection of IPIA’s on behalf of the Institute
• Manage open source licensing
• Problem solve on IP related issues with faculty, students and post docs
• Provide educational material, seminars, workshops on IP and
commercialization
• Distribute royalty revenue to MIT and faculty inventors
9. MIT Licensing Office FY 2016
• Royalty income $48.7 million
• Equity cash-in $ 0.9 million
• Operating expense $ 5.9 million
• Patent expense $21.0 million
– (Reimbursement = $12.5 million)
• Inventors $11.7 million
• Other institutions $ 4.2 million
• MIT Departments, Labs, & Centers $ 4.7 million
• MIT General Fund $13.4 million
10. MIT Licensing Office 2016
• Staff 42
Officers & Associates 24
Associates & Support 18
• Invention Disclosures 800
• Patents filed (new US utility apps) 293
• Patent issued (all US utility) 279
• Licenses and Options 134
Licenses (start-ups) 110 (25)
Options 24
• Active, revenue-producing agreements 450
• Active IP assets ~6,557
