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Center for Advanced Technology and Innovation (CATI) venture part of new tech-transfer strategy

Organization has moved beyond its original patent-donation model

In the first partnership of its new joint-venture model, the Center for Advanced Technology and Innovation will market and license 10 United States patents held by the Wayne, N.J.-based International Specialty Products.

The joint venture model is seen by CATI as the next big wave in acquiring underutilized, or "off-strategy" technologies, and making them available to entrepreneurs or existing companies in southeastern Wisconsin.

It also marks a change from the previous technology-transfer model, in which unused patents were donated to CATI. "We’ve had some success turning patents into products, but we needed a different business model," said Brian Curry, assistant director of CATI. "The joint-venture model will be good for Racine and Wisconsin."

Joe Vanden Plas

Full Story: http://wistechnology.com/article.php?id=3181

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