Pathway Map
ACADEMIC ORIGINATOR
Negotiation overview.
The originators will be expected to work closely with the TTO to give them a good understanding of the IP and its likely development path.
The originator will also need to be either part of or in close communication with the negotiating team.
Review of agreements
As licensing negotiations progress, the IP originator(s) will need to review and agree to the terms outlined in both the Heads of Terms (HoT) and the draft licence agreement. This is particularly important if there is an expectation of the academic’s ongoing involvement such as through future consultancy work or contract research to support further development or knowledge transfer.
In addition, the originator(s) may be required to provide warranties or formal assurances to the university regarding specific matters related to the IP.