White paper identifies good licensing practices for academic intellectual property

White paper identifies good licensing practices for academic intellectual property

In early March the Association of American Medical Colleges (AAMC) joined a dozen of the nation's top research universities in releasing a white paper that outlines principles of good licensing practices for intellectual property arising from university research. The document, "In the Public Interest: Nine Points to Consider in Licensing University Technology," aims to encourage agreements that transfer new or emerging technologies into commercial development and application, and at the same time protect academic research institutions and preserve venerable standards of scientific collaboration and openness.

The report grew out of a meeting at Stanford University in July 2006, which brought together university research officers and technology licensing directors. In addition to the AAMC, the white paper has been endorsed by Stanford University, California Institute of Technology, Cornell University, Harvard University, Massachusetts Institute of Technology, the University of California system, the Chicago and Urbana-Champaign campuses of the University of Illinois, University of Santa Clara, University of Washington, Wisconsin Alumni Research Foundation, and Yale University.

Go to http://news-service.stanford.edu/news/2007/march7/gifs/whitepaper.pdf to download a copy of the white paper. For more information, please contact Stephen Heinig, AAMC Division of Biomedical and Health Sciences Research, 202.828.0488, sheinig@aamc.org.

SOURCE: AAMC STAT (e-newsletter), March 12, 2007