WSU Licensing Philosophy
Wayne State University has a strong interest in and commitment to licensing discoveries made by its research faculty. Although licensing is not the primary mission of WSU, it fits very well within our objectives of research excellence and service. Our researchers are engaged in a wide variety of studies, both basic and applied. When WSU discoveries are patentable, it is evidence that, at least in terms of patent standards, they are novel and useful. When industry uses or commercializes our technology, we know that it is both valuable and relevant because it solves a problem, cures a disease, produces savings of costs or efficiencies or is deemed worthy of investment for the creation of new products or businesses.
Licensing also helps us meet obligations to sponsors of our research, whether they are government agencies, foundations, or private organizations. Licensing can generate discretionary funds and revenue to support the university's research and educational activities. Finally, licensing is one means of recognizing and rewarding the innovators whose work has advanced science.
Wayne State University's commitment to licensing is demonstrated by its support of an office whose primary responsibility is to engage in technology identification, marketing and transfer. This support takes the form of salaries for professionals, an operating budget and adequate financial resources for intellectual property protection. The activities of the Technology Commercialization Office take place within the context of our Patent and Copyright policy and the fiduciary responsibilities of various parties including the WSU Board of Governors, the President, the Vice President for Research, and the Associate Vice President for Research and Technology Commercialization.