NSF promotes academic industry collaborations

Written by   in 

Collaborations among academic research institutions and industry is being readily stimulated by the National Science Foundation’s GOALI (Grant Opportunities for Academic Liaison with Industry) program. The Grant Opportunities for Academic Liaison with Industry program is a research proposal that aims to provide a stimulus for academia and industrial partnerships, in an effort to improve economic growth and societal impact within the nation. UIDP (University Industry Demonstration Partnership) will present a webinar about NSF’s GOALI program on Wednesday, May 30 from 2:00pm to 3:00pm. Dr. Parkash Balan, Program Director at the National Science Foundation with the Division of Industrial Innovation and Partnerships, will be conducting the webinar. For more information and to register for this event, click here.

Five Tips for Bringing your invention to life

Written by   in 

New or old to the invention process, learning how to take your invention from concept to completion is essential in creating something that is successful in the commercial market. With the millions of new inventions hitting the market every year, it is important to know how to create something that can stand out amongst the crowd. This is where the Clemson University Research Foundation steps in! Check out our top five tips on how to succesfully take your invention from the lab to the market!

1. Do your research and document your ideas & findings

Research often leads to innovative inventions and discoveries. Make sure to document all your findings. Documenting your findings is essential in showcasing how your invention works, it’s benefits, and how it can transform the market it will potentially be entering.

2. Submit an Invention Disclosure and protect your invention

It is important to make sure your innovation is protected through patenting. Patent protection, a common legal protection method, begins with the filing of a patent application with the U.S. Patent and Trademark Office and, when appropriate, foreign patent offices. Getting your invention patented is a necessary step towards getting your concept to the market.

3. Market your invention 

Once your invention is patented, it is time to market it! The Clemson University Research Foundation can help you identity companies that have the expertise, resources and business networks to bring the technology to market.

4. Get your invention licensed 

A license agreement is a contract in which rights to a technology are licensed to a third party, without relinquishing ownership, for financial and other benefits. This agreement may be required when marketing your technology to a specific company.

5. Introduce your invention to the market

After getting your invention licensed, it can now be developed and introduced into the market. During this process, the licensee continues the advancement of technology and makes other business investments to develop the product or service. This is the most important step because it allows the invention to finally be brought to life. While this process may be hard work, the results are more than rewarding!