Our Process

The main benefit of the technology transfer process is to provide the public with access to the innovative, leading edge technologies discovered during the course of academic research at Penn.  CTT licenses these technologies to a range of licensees that include established companies as well as start up companies. 

CTT provides industry a "one-stop shop" by negotiating licenses to technology developed at Penn, as well as industry-sponsored research agreements related to licensed Penn technology (in conjunction with the Office of Research Services) for faculty research programs, and any subsequent licensing of technology that is created during the research period.  CTT emphasizes the importance of developing a good working relationship between the company collaborator and the University, and has a flexible approach to deal-term negotiation.  CTT also facilitates creation of new businesses based on Penn-generated technology.

The majority of Licensing Officers have significant industry experience, which helps ensure successful negotiation and long-term collaborations. They provide an "entryway" into the University for companies seeking new technology solutions, and know which faculty have the required expertise a specific company may be seeking.