Office of Technology Commercialization – Guiding Ideas to Solutions
The Nationwide Children’s Hospital Office of Technology Commercialization offers expertise in technology transfer, facilitating partnerships between inventors and industry to bring discoveries to patients, clinicians and scientists around the world. Our resourceful team guides inventors and partners through complex processes with creative solutions.
The Abigail Wexner Research Institute at Nationwide Children’s Hospital is dedicated to enhancing the health of children by engaging in high-quality, cutting-edge research according to the highest scientific and ethical standards. The Office of Technology Commercialization at Nationwide Children’s facilitates the partnering of innovative technology and translational infrastructure with industry to benefit patient care, our community, and the general public.
To find the right licensing opportunity that fits your needs, explore our available technologies.
View our annual publication on technology commercialization at Nationwide Children’s to learn about last year’s highlights.
Inside the Office of Technology Commercialization
Our Process
Office of Technology Commercialization staff are ready to assist you determining the commercial potential of your in inventions, ideas, technologies and research. Our experts will lead you through the following steps.
- Cutting-edge research leads to the generation of novel ideas.
- An invention disclosure is submitted to OTC.
- OTC meets with the inventor to gather additional information and also reviews any third-party encumbrances associated with the disclosed technology.
- OTC performs a technology assessment and determines the patentability, market potential, and readiness of the technology for commercialization.
- A decision is made to: a) actively market the technology via direct and/or indirect marketing approaches, b) delay a final decision regarding the technology until additional information is produced, or c) not move the technology forward due to lack of commercial viability.
- Part of the commercialization plan for a technology moving forward often includes an IP protection strategy (Patent, Copyright, Trademark).
- OTC oversees the marketing of the technology and identifies a viable commercial partner.
- OTC manages the out-licensing of technologies to either an existing company, or to an entrepreneurial partner to establish a new venture.
- OTC is responsible for all post-license alliance management, license compliance, and distribution of royalties.