In this episode of GuideWire, Devin Hubbard with FastTraCS talks to Jackie Quay, Director of Licensing and Innovation Support at the UNC Office of Technology Commercialization, about the basics of technology transfer. Moving good ideas out into the world where they can help others is core to the mission of FastTraCS.
Today’s Topics Include:
Research and Academia: Jackie’s background in biology to law school and tech transfer
Tech Range: Biotech, medical devices, vaccines, pharmaceuticals, diagnostics, software
Tech Transfer: Ask questions, conduct research, and seek answers to solve problems
New Idea Process: Conversations, action, publication, evaluate, and decision
Invention Evaluation: Is it patentable and/or commercializable?
Conflict: Publish research and graduate or commercialize and reveal trade secret
Valley of Death: Most inventions never go far enough down one side to get up other side
Portfolio or Startup? Best or only ways to get invention and technology to move forward
Gap Funding: Pursue manufacturers, universities, nonprofits, and government grants
Team Assembly: COVID may make entrepreneurs/investors consider new technologies
Networking: Find the right people at the right time to de-risk ideas and technologies
Links and Resources:
Devin Hubbard
Jackie Quay
CRISPR
FastTraCS
GuideWire Podcast on Twitter
GuideWire Podcast
Quotes:
“All things tech transfer are driven by the economy.”
“In tech transfer, our goal is to transfer the technology that we developed, so that somebody will pick it up (usually a company) and turn it into a product that somebody can buy.”
“Protecting a trade secret in academia is a problem because if you’re going to publish your work, it’s no longer a trade secret.”
“An awful lot of inventions never make the leap across what’s called the valley of death because they haven’t gone far enough down one side to get up the other side.”