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[COMMERCIALIZATION
PROCESS]
Step
1: Commercial Assessment
Commercial assessment of your discovery (also referred
to as "invention," "technology,"
or "intellectual property" -- IP for short)
-- begins once you contact PARTEQ.
A member
of our commercialization team will meet with you, in
confidence, to talk to you about your technology and
to brief you on the overall process.
Here is how the assessment process
works:
1. Contact PARTEQ
There are many potential "eureka" points in
research. You may want to think about contacting us
when:
• You are conceiving, testing or completing research
using public funds.
• You are applying for further public grants to
continue research in a particular application or area,
e.g., NSERC, CIHR, MMO, CITO, etc.
• You are entering/completing a research contract
with a disclosure obligation or with an option fulfilment
to sponsor (i.e., sponsor wishes first rights to the
results). (Queen's Office of Research Services
may also consult PARTEQ on your behalf.)
• Your discovery has been developed to the point
where you are seeking funding for commercialization
e.g., CIHR's Proof of Principle, NSERC's
Idea 2 Innovation etc.
• Support to your grant application requires a
commercialization commitment (e.g., Genome Canada)
2. Fill out a disclosure form
Once you have contacted us you will be asked to complete
a confidential Invention Disclosure Form, which will
help both you and us start thinking about protecting
and commercializing your invention. This form should
also be signed by your department head, who acts as
a witness and helps to establish the date of your invention.
>> View
disclosure form here
3. Commercial assessment begins
PARTEQ undertakes a preliminary assessment of both your
technology and the external market to determine its
commercial viability. Our services generally include:
- Patent and literature search
- Scientific due diligence
- Patentability opinion
- Market assessment
Our Commercial Development team has 60 days to complete
this process and report back to you. At this point,
PARTEQ may:
•
Recommend further review of its potential at
a later point in your research;
• Return the technology to you,
the inventor, leaving you free to pursue commercialization
on your own; or
• Proceed with a detailed assessment, the next
step in the process.
4. Detailed assessment
If your IP shows commercial potential, PARTEQ will ask
you to sign an Intellectual Property Agreement (IPA),
which provides a further 90 days to determine if protection
will be sought. The IPA also asks you to assign your
intellectual property to Queen's, to consolidate
title and facilitate commercial negotiations. In turn,
this document formalizes your right to a share of the
net proceeds generated by your technology.
>> View
IPA here
Frequently
asked questions:
What
is technology transfer?
What
is intellectual property (IP)?
What
are research contracts?
>>
Next step: Protection
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