Main navigation | Main content
The Office for Technology Commercialization (OTC) is a resource and partner for University researchers developing technologies with commercial potential. This section provides information and resources to help you work with OTC, and we encourage you to review the entire content.
In addition, you may find it helpful to visit our FAQ page, which provides answers to common questions about OTC and technology commercialization. You may also contact a Technology Strategy Manager, who can answer your questions about OTC and technology commercialization.
There are a wide range of benefits when University technologies are successfully commercialized. The public benefits through job creation, as well as the introduction of innovative and life-saving products and services. The University, its researchers, and students benefit from commercialization revenue that provides critical funding for research, student scholarships, and infrastructure such as labs and equipment.
OTC generates critical revenue for the University
OTC has a history of successfully licensing University technologies, and has consistently ranked among the top universities in licensing income. Over the last 10 years, OTC has brought in hundreds of millions of dollars in licensing income to the University.
Inventors and their Colleges & Departments receive a share of commercialization profits
Another significant benefit for researchers who engage in technology commercialization is the potential for financial reward. Under current Regents Policy, if a technology is commercialized inventors receive 1/3 of the royalty income received by the University. In addition, the inventor’s college and department receive a combined 1/3 share, and this revenue is often put directly back into laboratories and research projects.
Transferring discoveries to the commercial market: