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Mission Statement
The Office of Technology Transfer and Enterprise Development (OTTED)
plays the major role in protecting and preserving the intellectual property
assets of Vanderbilt University, licensing technology developed by Vanderbilt
inventors and innovators, and assisting in the start-up of companies
which commercialize Vanderbilt technology. Through these activities,
OTTED substantially benefits inventors, Vanderbilt University, its community,
and the public at-large.
Specific activities of OTTED include the following:
- Evaluating the commercial potential of new technologies
- Determining patentability
- Prosecuting patents
- Registering copyrights
- Marketing and licensing patents, materials, and software
- Negotiating license agreements
- Negotiating material transfer agreements
- Assisting in the negotiation of sponsored research agreements
- Receiving and distributing royalties and other income to inventors
and Vanderbilt University schools and departments
- Assisting in the company start-up process
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