The Hebrew University's technology transfer office is the organ designated to
translate the university's intellectual property into practical applications.
Navigating the innovation from drawing board through to final licensing
requires the careful attention of experts in patent law, patent researchers,
and professionals who study the literature to ensure that information used for
this innovation is new, not readily available to the public, and thus eligible
for a license. While faculty members, researchers and students are busy with
the scientific parameters of their R & D, the professionals at Yissum's
technology transfer office engage in identifying the best objectives for
development, forming strategic partnerships, and considering the option of
creating a start-up which would be a pure-play company.
The intricate process of patent research, licensing, protecting and marketing
innovations is best handled by the experts at the Yissum technology transfer
office. The Hebrew University's research, marketing and finance bodies are
separate from one another for a very good reason. Although each field requires
completely different types of expertise, by working in synergy through Yissum,
the technology transfer office, each one makes its own vital contribution to
the final phase when the innovation developed at the Hebrew University of
Jerusalem becomes a profit-yielding product.
Located in a multicultural environment, the Hebrew University benefits from the
blend of multiple viewpoints applied to the technological development
processes. The technology transfer office at Yissum, the Hebrew University's
applications company, enables the university's researchers to concentrate on
their studies while the professionals take over the commercialization process.
Experts decide on the best entrepreneurial strategy and then advise on the
structure of the commercial entity. Financing through strategic partnerships is
the next step. Top-level negotiating skills are a must for the technology
transfer office, as Yissum deals with private industry as well as government,
local and global agencies.
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