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Leading universities launch joint technology licensing program
USC has joined a coalition of leading research universities that aims to boost the transfer of researchers’ patented technologies and inventions to companies.
All told, 15 universities are members of the limited liability corporation University Technology Licensing Program (UTLP): USC, Brown, Caltech, Columbia, Cornell, Harvard, Illinois, Michigan, Northwestern, Penn, Princeton, SUNY Binghamton, UC Berkeley, UCLA and Yale.
UTLP will provide a new marketplace that bundles licensable technologies from multiple institutions so that it is easier for companies to acquire them to expand their portfolio of products.
“A technology transfer that connects USC and other leading research universities to industry is critical to solving some of societies biggest challenges, growing the economy and adding jobs, and securing U.S. technological advantage in competitive global markets,” said Jennifer Dyer, executive di