The Office of Innovation and Commercialization (OIC) at the University of North Carolina Wilmington manages, protects and licenses to industry, the intellectual property developed and created at UNCW, while serving faculty, staff and students in all aspects of intellectual property.
Technology transfer is accomplished at UNCW through either of two processes. Where sufficient, the OIC licenses its available technology to interested commercial partners. When feasible, the OIC can also employ a more direct commercialization process by providing technology transfer services to the UNCW coastal community. In these instances, UNCW participates in facilitating the creation of a new development-stage entity based on its technology. Overall, the guiding principle is to transfer research-derived technology into commercial use in a manner that: (1) is consistent with UNCW's dedication to scholarly practice, research, and creative activities; (2) demonstrates commitment to community and regional service; (3) conforms to the highest ethical standards.
To disseminate the results of intellectual discovery and creative endeavor in order to maximize the impact of UNCW's innovation assets via commercialization.
As part of its mission for teaching excellence, scholarship and artistic achievement, and service, UNCW is dedicated to the transfer of its research and technology to the public sector for the general economic benefit of the coastal region in which it is located and for the rest of North Carolina. The Office of Innovation and Commercialization provides this service for the University by working closely with the Intellectual Property Committee, faculty, and staff to evaluate opportunity for technology transfer and to provide counsel regarding patents, licensing, and copyrights.
The Office for Innovation and Commercialization:
- Supports the UNCW translational research infrastructure with due-diligence and commercial analysis.
- Solicits invention disclosures from the University community.
- Makes strategic investments (patents, prototypes, entrepreneurial support services, etc.) in portfolio items with high commercial potential.
- Provides business development services in support of technology commercialization and community/industry engagement.
- Negotiates and executes contracts (NDAs, options, licenses, etc.) with existing companies and new ventures.