Sales and licensing
Commercialisation is an important part of DTU's work on inventions and patents, and can be done through sales, licensing and starting a company.
DTU focuses on the fact that the applied patents can generate income in connection with license agreements or sales for the benefit of both the inventor, DTU and the industry. In this connection, a number of rights and responsibilities must be followed, just as the inventor is entitled to receive a share of the net income a patent generates. If the inventor wants to start a collaboration with a company or attempt to commercialise the invention by starting one's own business, there are a number of aspects regarding contractual relations and cooperation that must be taken into account.
The most important resource in patenting and commercialisation is the inventor, who possesses the necessary technical knowledge. It is important that the inventor documents and further develops the invention for updating the patent application and pitching it to interested companies or investors. DTU Technology Transfer and the inventor collaborate to investigate the market and potential partners.
DTU must approve all agreements and contracts between DTU and external companies on the sale, licensing, start-up and use of DTU's facilities.
At DTU, net income is divided equally between the inventors, the department and DTU.
Sale and licensing of intellectual property rightsPayment for access to commercial exploitation of intellectual property rights through licensing will typically be one of a lump sum (up-front payment) as well as a current royalty, or unit tax calculated on the basis of the company's turnover, based on the utilisation of the invention.
In addition, a company may acquire DTU's intellectual property rights if the company wishes to own the rights. Payment for intellectual property rights must be fair and in accordance with general market conditions.
Contact
Tomas Brink Wikborg Office for Research, Advice and Innovation Mobile: +45 42741079 towik@dtu.dk