Frequently Asked Questions
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Q:
Why do institutions outsource to L2C?A:
L2C client institutions find we help them
- Uncover un- or misidentified monetization opportunities
- Increase institutional control of IP
- Avoid capital expenditure; benefit from a shared resource — do more with less
- Shift effort required for effective invention commercialization and marketing to experts
- Directly address a key organization challenge: recruiting, retaining top researchers, faculty, students, staff
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Q:
What is the First Step? How do I know L2C can help us?A:
L2C Partners, with your concurrence, evaluates the potential within your institution by conducting a comprehensive evaluation of your past and current IP, potential IP and internal capabilities. Then we work with you to jointly determine the merits of working together.
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Q:
So what happens during the First Step?A:
During our First Step, L2C
- Maps your current tech transfer / commercialization process
- Reviews your policies to determine threshold barriers to innovation and entrepreneurship
- Scans existing intellectual property to determine IP history and current status
- Evaluates potential within institution departments and specialty centers
- Produces the summary report that allows us both to evaluate
Will the Institution benefit from a relationship with L2C Partners? Should your institution proceed with L2C Partners?
- If we both find benefits from an on-going relationship, we move forward with a retainer agreement and OnBoarding.
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Q:
What do L2C services cost?
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Q:
What does L2C do? What's included in L2C outsources services?A:
L2C serves as your Tech Transfer department. And just like an internal Tech Transfer department, we provide
- On-going invention and pre-invention inventory, evaluation, continuing commercialization and tech transfer efforts
- Regular information sessions with faculty, administration, researchers and students. Topics typically include technology capture training, recognizing potential inventions, maximizing opportunity for protection, modes of protection, valuing inventions and intangible property
- Technology combination opportunities to increase invention value and facilitate access for technology scouts
- A combined client Invention Library for technology sourcing by corporations, other buyers / investors, providing increased relevance and visibility in important markets by creating critical mass
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Q:
How do I get started?
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Q:
What's the L2C difference?