Office of Technology Commercialization (OTC) at Texas State University
The Office of Technology Commercialization (OTC) at Texas State University, led by Dr. Reddy Venumbaka, aims to identify, protect, and commercialize intellectual property derived from university research. Services include IP portfolio management, contract review, IP assistance, and technology management. The OTC supports the university's mission and helps facilitate the formation of startup businesses utilizing university technology for regional economic benefits.
- Technology Commercialization
- Intellectual Property
- Texas State University
- Dr. Reddy Venumbaka
- Innovation
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Office of Technology Commercialization (OTC) Reddy Venumbaka, Ph.D. Director
Office of Technology Commercialization The mission of the Office of Technology Commercialization (OTC) is to identify Intellectual Property resulting from research at Texas State University, protect it, and to facilitate the commercialization to business and industry; and, when feasible, to assist in the formation of start-up businesses that utilize the university s technology in order to provide benefits to the university and the regional economy.
Services Provided by OTC Promote and manage Texas State s intellectual property (IP) portfolio Provide support for and review of all IP disclosures Protect and commercialize university IP Negotiate and review all research-related contracts; including nondisclosure, sponsored research, university- industry partnership and university-industry service agreements.
Contract Review Review, write, negotiate terms and conditions for sponsored research contracts The OTC works closely with the Office of Sponsored Programs and TSUS legal office to ensure that the terms of research contracts support the university mission and do not hinder academic freedom. The OTC works closely with the Office of Research Integrity & Compliance to ensure that we are in compliance with Federal and State law and university policies
Intellectual Property (IP) Assistance Provide general guidance on IP (Patents and Trademarks) related questions and issues. Assist university researchers with Invention Disclosure Forms (IDFs).
Intellectual Property (IP) Management The OTC in conjunction with the IP Committee will review the IDFs for potential value. The OTC is responsible for initiating the filing of protection mechanisms for university owned IP and coordinating any needed IP related actions.
Technology Management Process Invention Disclosure Form (IDF) Submit to OTC Faculty, Staff, Students Invention, Discovery, Intellectual Creations IP Committee Recommendations Defer Decision Pending Additional Research or Information Send to Commercial Market Assessment Release to Inventor Commercial Market Assessment Report IP Committee Recommendations File Patent Hold the Disclosure Due to Ongoing Research Release to Inventor Identify Potential Licensees Market Technology or other IP Negotiate License Agreement
IP Committee Dr. Reddy Venumbaka, Director, OTC, Chair Ms. Teresa Carey, Assistant Director, OTC Mr. Stephen Frayser, Executive Director, STAR Park Dr. Scott Kruse, Faculty Representative Dr. Yijuan (Lucy) Lu, Faculty Representative Dr. Stan McClellan, Faculty Representative Dr. Edwin Piner, Faculty Representative Mr. Bill Rampy, Special Assistant to the VP for IT Dr. Bahram Asiabanpour, Faculty Senate Representative Dr. Kenneth Smith, Faculty Representative Dr. Emily Summers, Faculty Representative
Technology Commercialization Manage and coordinate the university s Patents, License Agreements and Material Transfer Agreements. Market technology to potential licensees. Negotiate license agreements. Assist with the formation of start up and spinout companies.
Results of Commercialization Activities since May 2010 79 Invention Disclosures were received. 36 Provisional Patents and 25 full Patent Applications were filled. 4 companies were formed. 7 Licensing Agreements were signed
Contacts Reddy Venumbaka Phone: (512) 245-2672 reddy@txstate.edu Teresa Carey Phone: (512) 245-2314 tc18@txstate.edu Joanne Palmer Phone: (512) 245-2151 jp57@txstate.edu Paula Stager Phone: (512) 245-4524 pjs104@txstate.edu Website: www.txstate.edu/OCIR
