The UILO assesses each invention disclosure to determine how best it should be advanced. This includes an evaluation of:
The assessment phase involves an initial assessment during which a technology transfer manager from the UILO will meet with the principal inventor to ensure that we fully understand the technology and its various aspects. Following this meeting a brief assessment will be undertaken that includes a first cut assessment of the existence of a market for the technology, the existence of prior art that may prevent intellectual property protection, and how ready a disclosure is for any form of commercialization. Taking into account sector specific considerations this assessment will lead to a series of decisions that influence how the technology advances.
There are a myriad of reasons why a technology may not progress past the initial assessment phase, generally speaking if an invention disclosure is not considered for further advancement it will be either:
It is important to note that in cases where there are few perceivable financial benefits from protecting the intellectual property of an invention, but there are clear potential academic and/or societal benefits, the UILO may propose that the technology be directed to knowledge mobilization resources such as Flintbox, Open Source or data, and materials repositories.
Technologies that deemed to have a high potential for commercialization are subject to a more in-depth analysis of the intellectual property position and market opportunity. If the technology is determined to have a potentially high societal, economic, or financial impact the UILO will work with the research team to developing a commercialization strategy that may include: obtaining intellectual property protection (usually patenting), working with development organizations to advance the technology, creating a marketing / investment strategy and ultimately licensing or spin-off company formation.