The University of Pittsburgh claims ownership and control of the worldwide patent and intellectual property rights which result from activities of its faculty, staff, and students in accordance with University of Pittsburgh Policy 11-02-01. [Learn more about Federal Funding or University IP Ownership.]
The University of Pittsburgh, as one of the nation’s top research universities, is committed at the highest levels to supporting innovation commercialization as part of its educational mission. That includes entrepreneurial education, patent protection, business opportunity development, innovation licensing, and the ongoing pursuit of start-up companies.
Facilitating the broad range of this endeavor is the University’s Innovation Institute, which serves as the hub of all innovation development and commercialization at the University. The Innovation Institute works closely with Pitt Innovators to explore and develop the commercial potential for their research and ideas, helping to transform them into products and processes for the innovators’ benefit, as well as for the benefit of the University and humankind.
Why does the University foster technology commercialization? Past experience has demonstrated that innovations that aren’t IP-protected and licensed to industry and instead are released into the public domain often don’t find their way into everyday use. Few commercial entities in the United States will invest the large sums of money necessary to bring most ideas to market without the guaranteed exclusivity provided for a set period by IP protection.
In addition, the University holds to the belief that future economic success in the United States depends in no small part on the commercial development of university-based technologies that emerge from research funded by federal grants. The federal government invests substantial resources in basic research conducted by universities. Granting agencies today expect their research investments to result not only in new knowledge, but also potentially in new innovations that can enhance the global competitiveness of the U.S. economy. The federal government supported that goal with the enactment of the Bayh-Dole Act of 1980, effectively giving universities title to federally funded university technologies.
The University encourages you to actively engage in this intellectually challenging pursuit, and the Innovation Institute will gladly support your journey through the process.