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Abstract/ Summary

President Hunter charged Provost Hecker with convening a group to undertake a process of examining UMaine’s policies, processes and structures as they relate to commercializing research, with the goal of modernizing our approach and moving to an enhanced level of leadership in this area. Provost Hecker convened the Commercialization Working Group to carry out the President’s charge and guided the group through a yearlong process of discovery focused on four areas:

1.) IP Portfolio Review: External assessment of a portion of UMaine’s intellectual property (IP) assets so that action plans to advance those without a clear path to commercialization could be developed, and to evaluate the process and services available for external evaluation and marketing.

2.) Research Foundation or Other Structure: Given UMaine’s current structures, resources and opportunities, would the development of an independent entity such as a research foundation facilitate the commercialization?

3.) Experience of Partners: What are the current perceptions and experiences of university faculty vis-à-vis commercialization? What are the perceptions and experiences of recent industry partners and potential future partners?

4.) Best Practices: What can be learned from the experiences of other universities and experts in the field with respect to policies and procedures that support commercialization?


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