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University of Michigan Innovation Partnerships
University of Michigan Innovation Partnerships

Resource Library

Regents Bylaw 3.0

Sec. 3.10 of the Bylaws of The Board of Regents: Ownership of Patents, Copyrights, Computer Software, and Other Property Rights.

Research Activity and Compliance

Because of the complex nature of the university’s work in a wide range of areas, there are many compliance requirements that intersect with individual activities and roles in different ways.

Research Catalyst and Innovation Program

The Research Catalyst and Innovation (RCI) Program includes four new funding mechanisms totaling more than $1.5 million in annual support. The program infuses funding and fosters increased collaboration to catalyze research and spur innovation across the three University of Michigan campuses.

Research Devices

Innovative research devices can be a great help in discovering phenomena that cannot be discovered with existing equipment. Such devices can contribute a great deal to the power and practical value of new technologies.

Research Tools

To accelerate scientific discoveries and to benefit the greater research community, principal investigators and funding recipient institutions are expected to ensure broad and timely dissemination of their research resources.

Revenue Distribution Procedures

This guidance document describes Innovation Partnerships’ procedures for distributing revenue received from the licensing of Intellectual Property.

SBIR and STTR Programs

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are highly competitive programs that encourage domestic small businesses to engage in Federal Research/Research and Development (R/R&D) with the potential for commercialization.

Small Molecules

Tool Compounds are small molecular weight compounds of known structure from the literature acting as agonists, activators, antagonists and inhibitors. Tool compounds are often use in drug discovery for target validation.

SPARC – University of Michigan Partnership Grant for Drug Discovery

SPARC – University of Michigan Partnership Grant for Drug Discovery seeks to provide financial support and in-kind industry resources to move various promising drug-discovery research projects within the university toward the ultimate goal of new therapies for patients.

Student Ownership Policy

Under the Office of Technology Transfer’s policy, students will own all IP they create unless the student creates the IP in his or her capacity as an employee. In other words, if a student creates IP, and the IP does not derive from the student’s employment for the University, the student will own the IP.

Tax Considerations

The University of Michigan’s policy on the distribution of tech transfer licensing revenues provides that a percentage of net revenues are shared with U-M employees that are inventors or developers (“inventors”) of the licensed patent rights, materials, software, or other licensed inventions. Occasionally, a U-M inventor will desire to redirect (or “waive”) all or a portion of his or her share of revenues to a U-M entity.

Technology Transfer Policy

This Policy implements Section 3.10 of the Bylaws of the Board of Regents. The Policy further defines the ownership, distribution, and commercialization of rights associated with Intellectual Property developed at or received by the University of Michigan, and describes the general obligations associated with the technology licensing process.
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