About the Center for Technology Transfer and Commercialization

Our Mission:

To provide professional commercialization services to the Vanderbilt community, thus optimizing the flow of  innovation to the marketplace and generating revenue that supports future research activities, while having a positive impact on society.

We accomplish this by (i) serving as an efficient and effective conduit for the transfer of promising intellectual property to industry; (ii) contributing to regional economic development by licensing locally and supporting new venture creation; and (iii) encouraging greater collaboration between academia and industry.

Why Does Vanderbilt License Intellectual Property?

Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, symbols, names, images, and designs used in commerce. IPs with high potential impact and/or income are most likely to be successfully transferred to the marketplace via our commercialization process. By commercializing Vanderbilt's IP, we:

• Impact Society: research leads to cures for human ailments
• Impact Vanderbilt: faculty, staff and the university are recognized and rewarded for their innovative work
• Impact the Local Community: commercializing inventions spurs economic growth
• Induce Collaborations with Industry: companies look to Vanderbilt for industry leading research
• Generate Income: various agreements lead to financial benefits for the university’s inventors, departments, schools and other operational units