Hawaii Technology Transfer Agreement

• Category: Technology - Licenses
• State: Multi-State
• Control #: US-0573BG
• Format: Word; Rich Text

Description

This form is a technology transfer agreement. Hawaii Technology Transfer Agreement, also known as ETTA, is a legal arrangement that facilitates the transfer of technology from research institutions and organizations to the commercial sector in Hawaii. It serves as a framework for collaborations between the technology transfer offices of universities, laboratories, and other research entities, and businesses interested in utilizing or commercializing innovative technologies. The primary goal of the Hawaii Technology Transfer Agreement is to bridge the gap between cutting-edge scientific discoveries and their practical application in the market. By fostering partnerships between public institutions and private enterprises, ETTA promotes economic development, innovation, and job creation in the state of Hawaii. There are different types of Hawaii Technology Transfer Agreements, which vary depending on the nature of the technology being transferred and the terms and conditions agreed upon by the parties involved. Some common types include: 1. Patent License Agreement: This type of ETTA grants a license to a company to utilize a patented technology developed by a research institution. It outlines the terms for the transfer of exclusive or non-exclusive rights, royalties, and sublicensing, ensuring that the technology is effectively and commercially utilized. 2. Cooperative Research and Development Agreement (PRADA): A PRADA establishes collaboration between a federal laboratory or university and a private company to jointly conduct research and development. This agreement allows for the sharing of resources, expertise, and intellectual property rights, with the ultimate goal of commercializing the developed technology. 3. Material Transfer Agreement (MTA): An MTA is a contract that governs the transfer of tangible research materials, such as biological samples, chemical compounds, or software, from one organization to another. This type of agreement ensures that the recipient can use the materials for research purposes while respecting any proprietary rights and confidentiality terms. 4. Option Agreement: An option agreement grants a company the right to evaluate a specific technology developed by a research institution before committing to a full license. It provides a limited period during which the company can assess the technology's feasibility and market potential before deciding on its commercialization. In conclusion, the Hawaii Technology Transfer Agreement plays a crucial role in fostering collaboration between research institutions and businesses to drive technology commercialization. Through various agreements, such as patent license agreements, Grades, MTA, and option agreements, Hawaii aims to facilitate the transfer of innovative technologies into the market, ultimately driving economic growth and enhancing the state's technological advancement.

Hawaii Technology Transfer Agreement, also known as ETTA, is a legal arrangement that facilitates the transfer of technology from research institutions and organizations to the commercial sector in Hawaii. It serves as a framework for collaborations between the technology transfer offices of universities, laboratories, and other research entities, and businesses interested in utilizing or commercializing innovative technologies. The primary goal of the Hawaii Technology Transfer Agreement is to bridge the gap between cutting-edge scientific discoveries and their practical application in the market. By fostering partnerships between public institutions and private enterprises, ETTA promotes economic development, innovation, and job creation in the state of Hawaii. There are different types of Hawaii Technology Transfer Agreements, which vary depending on the nature of the technology being transferred and the terms and conditions agreed upon by the parties involved. Some common types include: 1. Patent License Agreement: This type of ETTA grants a license to a company to utilize a patented technology developed by a research institution. It outlines the terms for the transfer of exclusive or non-exclusive rights, royalties, and sublicensing, ensuring that the technology is effectively and commercially utilized. 2. Cooperative Research and Development Agreement (PRADA): A PRADA establishes collaboration between a federal laboratory or university and a private company to jointly conduct research and development. This agreement allows for the sharing of resources, expertise, and intellectual property rights, with the ultimate goal of commercializing the developed technology. 3. Material Transfer Agreement (MTA): An MTA is a contract that governs the transfer of tangible research materials, such as biological samples, chemical compounds, or software, from one organization to another. This type of agreement ensures that the recipient can use the materials for research purposes while respecting any proprietary rights and confidentiality terms. 4. Option Agreement: An option agreement grants a company the right to evaluate a specific technology developed by a research institution before committing to a full license. It provides a limited period during which the company can assess the technology's feasibility and market potential before deciding on its commercialization. In conclusion, the Hawaii Technology Transfer Agreement plays a crucial role in fostering collaboration between research institutions and businesses to drive technology commercialization. Through various agreements, such as patent license agreements, Grades, MTA, and option agreements, Hawaii aims to facilitate the transfer of innovative technologies into the market, ultimately driving economic growth and enhancing the state's technological advancement.