“Technology transfer is a term used to describe a formal transfer of rights to use and commercialize new discoveries and innovations resulting from scientific research to another party.” – Association of University Technology Managers.
In 2003, new legislation passed by the Norwegian parliament came into effect, granting universities the right to capitalize upon Intellectual Property (IP) developed by their employees. This shift launched a nationwide ambition to efficiently bring new innovations to market. The University of Stavanger and other collaborative research institutions are committed to being part of the transfer of innovative technologies, even faster and more successfully than before – for the benefit of society.
The aim of Validé TTO is to commercialize new innovations and discoveries that result from acedemic research and R&D to another party for the benefit of the society. Our process involves every stage of the innovation chain from the identification of innovative ideas until licensing or start-up venture, throughout securing Intellectual Property Rights (IPR), innovation management and business development.
Validé TTO’s main mission is to close the gap between science and industry by building a solid and sustainable bridge between inventors and industrial partners.
Primary functions include:
- Encouraging the disclosure of new discoveries and ideas
- Establishing and maintaining a professional and supportive innovation culture
- Identifying and managing new innovative projects and IP portfolios of research institutions
- Securing intellectual property rights
- Closing the founding gap between the discovery of new ideas and the proof of concept
- Generating revenues for inventors and research institutions
- Developing and maintaining strong collaboration with industry and commercial partners
- Enforcing commercial awareness and motivation among researchers
- Licensing technologies
Validé TTO has a highly qualified and experienced team that includes professionals with both scientific and business backgrounds.
- Innovation management
- Intellectual Property Rights (IPR)
- Idea and IP evaluation
- Risk management and quality assurance
- Market research and commercial strategies
- Market and commercial partner evaluation
- Licensing and start-up ventures
- Education and training
Validé is situated in one of the worlds leading oil/energy clusters in Stavanger and its partner research institutes are the University of Stavanger (UiS) , Stavanger University Hospital (SUS), the International Research Institute of Stavanger (IRIS) , Nofima, Norwegian Institute of Bioeconomy Research (NIBIO), Norwegian University of Life Sciences (NMBU) and the Western Norway University of Applied Sciences (HVL).
Validé TTO has a mandate on behalf of these institutions that allows both the researchers and the TTO to make direct contact, identify and evaluate new innovations, and collaborate on commercial activities. The TTO is located at Rogaland Science and Innovation Park (Ipark), which is a high-tech environment for technology development and business growth.
- 10-105 license agreements to startup ventures and industry
- 150 innovation disclosures
- $2 Million turnover
- 10-15 priority date patent applications
- 30+ innovation projects (FORNY Rogaland program, proof-of-concept, Optimisation, EU Horizon, etc.)
Overall figures (2002-2016)
- 90+ patent families
- 70+ licenses, start-ups, and technology sales
- $9 Million invested into proof-of-concept project funding
- $65 Million raised in start-ups
- $200 Million accumulated value in related enterprises
- $23 Million generated from exits
Invention disclosures annually:
Invention disclosures by technical area: