The valorization of non-patent intellectual property in academic medical centers

Kieren Marr () and Phillip Phan
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Kieren Marr: Johns Hopkins Medicine

The Journal of Technology Transfer, 2020, vol. 45, issue 6, No 10, 1823-1841

Abstract: Abstract Turning university research output into useful products such as drugs, devices and diagnostics requires skills, knowledge, and resources traditionally attributed to private industry. When it comes to intangibles such as care delivery models, informatics and algorithms, and the software behind smart wearables, the commercialization challenges are even greater. With notable exceptions, Academic Medical Centers have typically not excelled in advancing commercialization of such non-patent intellectual property (IP). We believe that this is in part because the traditional closed form university IP policy, formulated since Bayh–Dole (1980), is ill-suited to non-patent IP. In this paper, we reflect on the evolving challenges that new forms of healthcare-related discoveries, specifically non-patent IP, are placing on the traditional university intellectual property and technology transfer regime, and to offer suggestions on how universities can begin to modernize their IP policies to support the valorization of non-patent IP.

Keywords: Non-patent intellectual property; University technology transfer policies; Work-for-hire policy; Academic medical centers (search for similar items in EconPapers)
JEL-codes: L26 M13 O31 O32 O34 O36 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10961-020-09827-0

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