Page Title

Text Box: Every day hundred of federally funded laboratories apply their research and development for the advancement of science. But all of this work is nothing if the “genius” is not left out of the bottle. An invention is simply a good idea that serves a purpose. Every invention fits into it own significant role in society. To capitalize on the nation’s investment in federal research, the expertise and the technology must be brought to the marketplace. The nice thing about Technology Transfer ( T2) is that it can also be used to make money by placing technology where it has market value. On the other hand, innovation is the engine of the world’s economy because there is no end to the problems in this world, and there never will be. The road from laboratory to marketplace is a gradual process. Technology Transfer is typically began by reviewing an invention to learn about potential applications. Then develop a licensing strategy, decide whether to patent the invention and find a company that might be interested in the invention. After that, establish appropriate agreements in place that will allow and encourage the active development and commercialization of the technology. T2 shows a way of how cutting-edge federal laboratory expertise becomes prevalent in our everyday lives through the execution of technology transfer.

Status of Invention Assessments Projects

The team Bater Up^TM, consisting of students from the ENTR-215 class in the Fall of 2006, completed assessment on food technology sector from USDA such as Rice Flour Healthier Frying Batter and a new company Crisp Tek, LLC has been formed and their license is currently pending. Another team, called Med-E-Tag^TM, already has an exclusive option agreement on Electronic Patient Medical Tags, JHU/APL.

Additionally, two student teams, Space Temp^TM with the invention of “Micro Devices for Temperature Control in Space,” NASA and Term-A-Mite^TMwith the invention of Natural Biological Termite Control,” have actively marketed their assessments.

During the Spring 2007 and Fall 2007 semesters, inventions from different areas of technology, including optical sensors, chemical, mechanical, aeronautical, software and electronic devices were completed and/or were initiated.

These assessment projects came from TAP’s partners JHU/APL, NASA, USDA with the same objective in mind - to get students thinking about their interests, capabilities and future.

Text Box: 4-Tomorrow “Innovative thinking and creative business have been the catalyst of the American economy.” The material presented on this page is based on information provided by FLC member laboratories and their industrial partners.