Bringing RPI Discoveries to the World
Every innovation begins with an idea. IPTL works with researchers, inventors, industry partners, and entrepreneurs to transform discoveries into products and services that create real-world impact.
Commercialization Journey
Research Discovery
Invention Disclosure
Technology Assessment
Intellectual Property Protection
Marketing & Outreach
Industry Partnership
License Agreement
Commercial Product
Assessment of Intellectual Property
Working closely with the inventor, IPTL will perform a commercial and technical evaluation of the invention. The decision to pursue patent protection is based upon the following two factors:
- Patentability and ability to enforce the patent
- Marketability and commercial potential of the invention
Protection of Intellectual Property
If IPTL decides to file for patent protection, it will engage a law firm that specializes in the subject matter of the invention. The law firm will identify the inventors, construct claims when necessary, and submit the required paperwork to the U.S. Patent and Trademark Office and applicable foreign patent offices. The inventor works personally with attorneys to review drafts and to ensure the technology is thoroughly understood.
Licensing and Commercializing an Invention
The appropriate path for commercializing an invention depends upon marketplace conditions, attributes of the technology, the expertise of potential entrepreneurs, and the availability of funds. Certain technologies, particularly software packages, may be licensed directly from IPTL’s website. Terms of these agreements vary, but may include up-front fees payable to Rensselaer, royalty percentages and schedules payable over a number of years, or further research funding with options to license the resulting technology.
Interested in Launching a Company?
IPTL works closely with the Severino Center for Technological Entrepreneurship to support researchers interested in forming startup companies.