About Licensing & Industry Agreements
Intellectual Property (IP) rights take several forms, of which patents and copyrights are the most common. Patents protect product and process innovations, while copyrights protect specific content. In support of UCSCs efforts to patent, license and commercialize the results of university research for the public benefit, the Office of Research licenses UCSC intellectual property to industry to promote active development and commercialization of inventions. Licenses generate royalty revenue, which is used to support further research and education, with a share of the income going to the inventors.
UCSC utilizes a variety of licensing options depending on the circumstances of the opportunity. UCSC will work with potential licensees to ensure diligent commercialization of the licensed technology and to establish licensing terms that are appropriate for the industry sector, the licensed technology and the needs of the licensee. In addition to the licensing fees and royalty payments payable by the licensee to UCSC, licensees are expected to reimburse UCSC for patent costs for the licensed technology, if any.