This overview is based on Stanford University’s patent approach, shared with permission and adaptation for the University of Miami. Due to the complexity in technology management, our patent practices may be revised from time to time and differences may exist between the procedures referenced in this overview and what is appropriate in individual circumstances. Exceptions and variations will be made due to specific factors. It is not intended to, and does not and may not be relied upon to create any right or remedies, entitlement or obligations.
University of Miami Office of Technology Transfer (“OTT”) seeks industry feedback in the patenting and technology transfer process, and to have licensees cover the patent expenses. In situations where no licensee is identified, which means no company is reimbursing patent costs, the following patent approach is adopted.
If the OTT Licensing Associate determines that an invention has sufficient commercial potential, s/he will probably choose to file a patent application on an invention. Usually, the first application is a U.S. provisional application. The provisional application holds a priority date for one year, but is not examined by the Patent Office. During this year, OTT will contact companies to find a commercialization partner for the technology.
Unfortunately, we don't have a crystal ball to know which technologies will be successful or not. Some of the characteristics that we look for as indicators of the commercial potential of an invention are listed below.
Often the OTT Licensing Associate does not immediately have sufficient information to fully evaluate an invention, and s/he will delay the decision to file a provisional application. By waiting, OTT can gather input from other sources and make a more fully informed patent decision. Some benefits of delaying a filing decision are:
One year after the provisional application is filed, OTT must decide whether or not to file:
About two years or more after a regular U.S. patent application is filed, the Patent Office will issue an Office Action. This correspondence either accepts the patent or rejects it for reasons of novelty, usefulness, and/or obviousness. Most applications are rejected, and patent attorneys must respond to the Office Action. If a patent application for an invention enters U.S. prosecution without a licensee, the licensing associate will probably reevaluate the commercial potential when deciding whether or not to respond to an Office Action from the Patent Office.
Most of the time, the United States has the majority of the market for commercial products covered by UM patents. Also, there are additional costs for filing a PCT application (which preserves foreign rights at the time a regular U.S. application is filed). Because of this, OTT would need significant commercial interest to justify pursuing a PCT without a licensee.
If a PCT is filed, OTT has 18 months to decide whether or not to file national phase (i.e., a patent in specific countries) applications directly in foreign countries. All told, foreign patent protection can cost $200K or more. One reason is that UM pays both the US attorney and the foreign associate when prosecuting foreign patents. In addition, there are translation costs and multiple maintenance fees. Usually at the time of national phase filing, OTT has been searching for a licensee for the invention for over two years. After this time, it is highly unlikely that commercial interest will change. Therefore, under normal circumstances, OTT does not file foreign national phase patent applications unless a licensee is reimbursing patent costs.