The Technical research center (TRC) provides consulting to investigators at JNCASR.
Intellectual property management is key to connecting institute research to industry. The TRC team is well versed in tools and pathways to advance JNCASR innovations, for commercialization throughout. The TRC is the starting point in identifying intellectual assets in the lab, and provide advice on the pathway to Market.
Investigators are encouraged to request a consultation with the TRC team at any point in the research process. We work with the investigators to provide ideas for research that have broader impact. We also help in advice on IP management for research groups starting out new projects while providing processes to support newly created innovations.
Download/Get the Invention Disclosure Form. You will need to complete a description of the invention, relevant background information, signatures of all inventors, contact information, and contribution of all inventors named. This information may be used to develop a patent application and in the evaluation process.
Return the form to the IP cell through firstname.lastname@example.org
Patents are way of protecting inventions emanating from researchers at JNCASR. The institute, i.e., JNCASR will be named as the owner of inventions made by its faculty and students. The TRC enables the licensing of these patents to companies that know how to turn the invention into commercial products or services. This will enable the translation of the "raw" invention into products and services needed for the betterment if the society at large, while providing additional revenue to the inventors and the institute through patent licensing fees.
The TRC is committed to entrepreneurial efforts as part of its mission to bring technology to market for the benefit of society. The TRC thus engages in proactive facilitation of start-up companies based on JNCASR technology.
Startups are a way to translating academic inventions into commercially marketable products for the benefit of the society. This is consistent with the mission of universities
Sometimes, individual technologies cannot be licensed piecemeal. For the technology to find a commercial potential, great deal of work needs to be done which would further present a basket of marketable oppurtunities.
Startups make money—for the inventor, the institute, and the business and investment community.
Startups usually begin with a concept and thus need to sustain itself till results can generate profits. JNCASR offers their investigators initial impetus in form of space and facilities, before transferring the rights to the start ups. The institute thus accepts non marketable stock as compensation that provides the institute a solution to leverage the future financial outcomes of the startup company. The startups thus do not have to pay any up front licensing fees.
The creation of TRC enables the commercialization of technologies by licensing to existing entity or creating a start-up. In this manner the TRC ensures that interests of the inventor and the institute are aligned wherein each party seeks to maximize their return on investment. Where the TRC invests intellectual property into a startup, the compensation that might be received from licensing the technology to an established company is deferred. Therefore, TRC is working on mechanisms to mitigate risk and provide the institute with the opportunity to increase its potential return, such as Up-front license fees along with equity, milestones payments, Royalties on net sales and sublicensing royalties
The decision to consider a startup occurs after the initial technology assessment. The TRC creates a startup committee comprising of experts from industry and academia which reviews the technology for commercial and the technical value. The TRC experts also examine the patentability and assess potential patent claim breadth, technical feasibility, and commercial interest to arrive at a decision on whether the technology should be licensed to an existing company or startup could be created.
Once a decision has been reached in favor of a startup, the TRC develops an intellectual property protection strategy. In addition, the TRC team works with the inventor to develop an advisory board comprising of technology/market domain experts, business process experts, entrepreneurs and early- stage investors. Initially the TRC team helps the startup in determining the feasibility of the company, understanding the proposed commitment of the members of the technical team in the new company.