What mechanisms are there for licensing that property to allow for spin offs of new private industries from the research?
The Washington State University Research Foundation (WSURF) licenses technologies to the private sector through licensing agreements. WSURF negotiates license fees, royalties, and the terms and conditions on a case-by-case basis. The determination of license fees and royalties are affected by several factors, including the scope of the rights granted, the size of the potential market, and the time and financial investment required by the licensee to bring a product to market. Further information about licensing may be found on the WSURF home page:http://wsurf5.respark.wsu.edu/. In areas where the invention has been developed through research sponsored by a grant or contract with the federal government (or its agencies), it must be reported to the agency and the agency joins the University to determine distribution of the rights in the invention, to determine if patent prosecution should be sought, and how the patent should be administered or disposed of in the public interest. In areas
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