Penner Offers Guidance on Bringing an Idea to Market
07 December 2017
Diagnostic Imaging
Senior Counsel Scott Penner is quoted in an article in Diagnostic Imaging, “The Radiologist’s Guide to Inventing,” about how best to introduce an invention to the market.
Penner said the technology transfer office (TTO) should be the first stop when pursuing an invention, particularly for those working in an academic environment. In many cases, a university will claim the patent, and inventors may have to give the academic institution the opportunity to have first right of refusal. In some cases, though, universities may give inventors permission to go forward on their own.
Ultimately, he said, the TTO can be an invaluable partner, helping to put inventors in touch with the right resources and to draft an effective business plan.
Penner said the technology transfer office (TTO) should be the first stop when pursuing an invention, particularly for those working in an academic environment. In many cases, a university will claim the patent, and inventors may have to give the academic institution the opportunity to have first right of refusal. In some cases, though, universities may give inventors permission to go forward on their own.
Ultimately, he said, the TTO can be an invaluable partner, helping to put inventors in touch with the right resources and to draft an effective business plan.
Related News
27 August 2024
In the News
Samuel Goldstick Assesses Data Privacy Challenges for Automakers
Foley & Lardner LLP partner Samuel Goldstick underscored how disclosure can help automakers reduce legal risk in the Automotive Dive article, "Automakers face growing data privacy challenges, experts say."
26 August 2024
In the News
Judith Waltz Quoted on Inflation Reduction Act, Pharma Impact
Foley & Lardner LLP partner Judith Waltz is quoted in the PharmaVoice article, "Pharmas’ IRA court losses mount. They keep pursuing them."
20 August 2024
In the News
Kevin Hyde Featured in Q&A on Jacksonville Legal Market – 'The outlook is good'
Foley & Lardner LLP partner Kevin Hyde is featured in a Capital Analytics Associates Q&A on the major achievements of Foley's Jacksonville office, key trends in the legal market, and the firm's commitment to its talent and client service.