What services can I expect from the Office of Technology Management (“OTM”) in exchange for their share of net income?
Washington University recognizes its responsibilities to faculty and all creators of intellectual property. Examples of the services provided by the Office of Technology Management include: legal support as OTM deems necessary to protect intellectual property, reports to research sponsors and other administrative burdens as required by regulation or agreement, reconciliation of expenses and distribution of income, and to provide a process for dispute resolution. These responsibilities are consistent with a national trend followed by many Universities to enhance services to faculty. Washington University has made a conscious decision to apply significant University resources to support faculty and other creators in their academic mission by relieving them of considerable administrative burdens.
