The University of Pittsburgh’s Office of Technology Management (OTM), which was established in 1996, serves as the hub of all innovation commercialization activity at the University.
The OTM’s service-oriented mission: To facilitate the development of products and processes from University innovation for the benefit of the University, its faculty, staff, and students, the community, and humankind.
The OTM, with support from its affiliate Office of Enterprise Development, also works aggressively to foster new relationships with industry, entrepreneurs, investors and the economic development community – long-lasting partnerships in sponsored research, new innovation development, technology licensing, and the launching of new start-up companies based on Pitt innovations.
The OTM provides the following services, among others:
- Facilitation of intellectual property protection via patents and copyrights
- Assistance with submitting Invention Disclosure forms for commercial consideration
- Strategic planning for the successful transfer of innovations to the marketplace
- Negotiation of licenses and options for Pitt innovations to commercial interests
- Management of post-licensing compliance to the Federal Government
- Educational opportunities in technology commercialization and “academic entrepreneurship”
- Development of activities that promote interaction between Pitt Innovators and potential outside partners – such as Innovator Speed-Dating events, innovation showcases, lectures, and innovator recognition events
- Annual recognition for faculty, staff and students who participate in the commercialization process
- Targeted development of partnerships between researchers and industry
Ultimately, the OTM’s aim is to bring together Pitt Innovators and commercial partners in ways that will allow their collective imagination, ingenuity, and innovation to change the world.