This week’s golden oldie summarises an AUTM guidance note on university licensing, much of which is equally applicable to the US and the UK (and probably other countries).
IP Draughts has recently stumbled across this guidance note, which appears on the AUTM website (here linked from the Stanford University website, as I have lost the link on the AUTM site). It lists 9 points that universities should consider when structuring technology licence agreements. Eleven leading US universities and the Association of American Medical Colleges are named as the authors of the note.
Most of these points seem eminently sensible for universities. With some summarising and paraphrasing, the nine points are:
1. Research rights. The university should reserve rights to conduct research (and permit other non-commercial bodies to conduct research), including research sponsored by commercial companies.
2. Diligence and licence scope. To ensure that the technology is broadly implemented: (a) exclusive licences should include diligence obligations on the licensee; (b) licences should not be broader than necessary to encourage development of the technology; (c) mandatory sublicensing or reservation…
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