Over the years, Cornell technologies have been licensed to industry partners all over the world to develop these inventions into products and services for public good. If you are interested in licensing a technology from Cornell, contact a professional from the Business Development and Licensing team at CTL.
Licensing Cornell Technologies
Our Licensing Goals
CTL’s goals in working with industry partners include:
- contributing to innovation in industry by connecting cutting edge Cornell research to product development efforts in industry, e.g. to advance human health, to promote the new information age economy, to ensure food security and safety, and to improve sustainability.
- providing commercialization services to entrepreneurial faculty, staff, and graduates.
- driving regional economic development and creating jobs in New York state by attracting venture capital funding to small businesses based on Cornell technologies.
CTL works to:
- grant licenses for patented and copyrighted inventions to existing and startup companies that are capable, technically and financially, of developing early-stage technology into commercially successful products
- be the bridge between the university and industry to provide a point of access to Cornell inventions in medical sciences, biology and life sciences, engineering, veterinary sciences, physical sciences and computer science
In all license agreements, Cornell’s primary interests will be to:
- ensure diligent development and sales of products
- receive reasonable and customary consideration
- comply with any obligations we have to sponsors of the research that led to the invention
- protect Cornell’s name and protect Cornell from liability
Interested in Licensing a Technology from Cornell?
If you are interested in licensing technology from Cornell, below are the steps you can expect to follow.
- Contact a licensing professional at CTL.
- CTL and the company sign a Nondisclosure Agreement to further discuss details of the technology.
- CTL’s licensing professional and the company negotiate license terms.
- A Letter of Intent or an Evaluation License may be signed by the licensee.
- CTL and the company negotiate and sign the license agreement.