1. Office of Technology Commercialization (OTC)
Reddy Venumbaka, Ph.D.
Director

2. 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.

3. 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.

4. 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

5. Intellectual Property (IP) Assistance
Provide general guidance on IP (Patents and Trademarks) related questions and issues.
Assist university researchers with Invention Disclosure Forms (IDFs).

6. 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.

7. Technology Management Process
Faculty, Staff, Students
Invention, Discovery,
Intellectual Creations
Invention Disclosure
Form (IDF)
Submit to OTC
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
Release to Inventor
Hold the Disclosure Due to
Ongoing Research
Identify Potential Licensees
Market Technology or other IP
Negotiate License Agreement

8. 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

9. 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.

10. 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

11. Contacts Reddy Venumbaka Phone: (512) 245-2672 reddy@txstate.edu
Teresa Carey
Phone: (512)
Joanne Palmer
Phone: (512)
Paula Stager
Phone: (512)
Website:

12. Thank You