New Study on IP Strategies Advises Academics on How to Build Startups

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As Private-Sector Laboratories Wane, Understanding Logistics of University Innovation Increasingly Critical

Today, the University of California, Berkeley, Center for Entrepreneurship & Technology (CET) published "Intellectual Property (IP) Strategies for New UC Berkeley Ventures: A Framework." The report provides practical insight on how entrepreneurs implement effective intellectual property strategies while starting technology ventures within an academic setting. Understanding the mechanics of how academics innovate has become critical as universities increasingly replace private laboratories as a primary source of innovation.

"With the decline of private labs like Bell Labs or Xerox PARC dedicated to breakthrough applied research, the U.S. economy has lost a major source of innovation and industry-generation," said Ikhlaq Sidhu, Director at the Center for Entrepreneurship & Technology. "Understanding the details of how companies come from the university is especially important in today's economic environment since the spotlight has now shifted to universities to fill the void."

With an emphasis on the initial stages of the academic startup, the report provides the eight questions entrepreneurs should ask themselves when formulating their IP strategy; offers tips to successfully work with the campus technology licensing officers; and breaks down the role intellectual property plays as a startup forms.

The brief was the result of UC Berkeley Ph.D. student Christine Ho's quest to uncover the practicalities and nuances of IP strategy with regards to commercializing her research in printable batteries. Of the brief Ho commented, "I am confident that those in our global ecosystem, including other academic institutions and the industrial and entrepreneurial communities, will find this study illuminating."

"Intellectual Property Strategies for New UC Berkeley Ventures: A Framework" is the first research report the Center for Entrepreneurship & Technology (CET) has published as part of the Coleman Fung Institute for Engineering Leadership. The Institute combines leadership coursework in technology innovation and management with intensive study in an area of industry specialization, which prepares engineers and scientists with the multidisciplinary skills to lead enterprises of all scales. The report is indicative of the Institute's belief that leveraging broad leadership skills with intensive disciplinary study cultivates leaders who can make insightful decisions with the confidence that comes from a synthesized understanding of technological, marketplace and operational implications.

The report is available on the CET website, http://cet.berkeley.edu.

About the UC Berkeley Center for Entrepreneurship & Technology
The Center for Entrepreneurship & Technology (CET) is an academic center and industry partnership affiliated with the Fung Institute for Engineering Leadership within UC Berkeley's College of Engineering. Since its establishment in 2005, the Center's mission has been to equip engineers and scientists with the skills to lead, innovate, and commercialize technology in the global economy. Through teaching, programs, network building, and research interlaced with strong industry participation, the Center teaches entrepreneurship as it relates to venture creation and to innovation within existing entities. More information on CET here: http://cet.berkeley.edu/.

About the Coleman Fung Institute for Engineering Leadership
The recently launched Coleman Fung Institute for Engineering Leadership prepares engineers and scientists -- from students to seasoned professionals -- with the multidisciplinary skills to lead enterprises of all scales, in industry, government and the nonprofit sector.

Headquartered in UC Berkeley's College of Engineering and building on the foundation laid by the College's Center for Entrepreneurship & Technology (CET), the Fung Institute combines leadership coursework in technology innovation and management with intensive study in an area of industry specialization. This integrated knowledge cultivates leaders who can make insightful decisions with the confidence that comes from a synthesized understanding of technological, marketplace and operational implications. More information on the Coleman Fung Institute for Engineering Leadership here: http://funginstitute.berkeley.edu/.

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