How much does it cost to license a WARF technology?
Licensing a WARF technology typically involves three expenses: a license fee, patent reimbursement costs and royalties. The license fee and the patent reimbursement costs are due after the agreement is executed, while royalties are due when a product is commercialized and sold. Because each technology has a different market value, the exact dollar amounts of these costs are negotiated with a licensing manager.
How do I license a WARF technology?
For an overview, please read the information on WARF's licensing process. After you have reviewed this material, feel free to use the contact form at the bottom of the technology description page or call 608.262.4924 to contact the licensing manager associated with the specific technology you're interested in.
What are the advantages of licensing a technology?
Licensing university intellectual property provides many benefits, including:
- Improved time to market, creating increased profit opportunities
- Greatly reduced R&D costs
- Opportunity to enter new markets and expand your company quickly
Does WARF sell commercial products?
WARF licenses intellectual property that can be developed into commercial products, rather than selling the products themselves. If you would like to know if a particular WARF technology has or is being developed into a product by a company, contact the appropriate licensing manager.
How do I know if a WARF technology is still available for licensing?
To find out whether a technology you're interested in is still available, contact the licensing manager associated with the technology. Although certain inventions are already exclusively licensed, with the permission of our licensees, we often continue to publicize them on our website because we've found that site visitors are still interested in these technologies and want to contact the companies developing them.
My company would like to sponsor research on campus. How do we make this arrangement?
Industry-sponsored research at UW–Madison typically involves two agreements. The first is a research agreement between the university and the sponsoring company, which defines the scope of the project. Often, a second agreement, called a sponsor option agreement, is negotiated between WARF and the company at the same time. The sponsor option agreement defines the licensing rights of the company to any intellectual property that may emerge from the sponsored research.
A company may also make a gift to the university. These funds are unrestricted, meaning they are not directed toward any specific research and do not give the company any rights to future intellectual property.
Who arranges consulting agreements between companies and faculty and staff on campus?
UW–Madison scientists represent themselves in any consulting agreements with private companies. However, WARF might ask a company to enter into a consulting agreement with an inventor when his or her invention is licensed, in order to fully support the technology's development.
How do WARF's patenting and licensing processes differ from those of other technology transfer organizations?
WARF is structured in a customer-focused manner. That is, patenting and licensing activities are divided between intellectual property managers who work with UW–Madison inventors to patent their discoveries, and licensing managers who focus on licensing discussions and negotiations with industry. This structure allows WARF to hire staff with specific industry experience in either patenting or licensing and leads to faster overall patenting and licensing processes.
My schedule is very busy, making travel to Madison difficult. How can I meet with you?
If travel to Madison is difficult for you, WARF's licensing managers are happy to travel to your location for discussions and negotiations.