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Research Commercialization Industry
Readiness Level
or VC
Continuous
Improvement Collisions
❑ Mentoring ❑ New Venture
❑ GAP Funding Accelerator
❑ Industry Pull
■ Commercialization Readiness Level (CRL)
■ Every invention is rated for Commercialization Readiness
■ The goal of Tech Transfer Office is to improve the CRL score of every invention by collaborating
and supporting faculty
■ Catalysts to mentor
■ GAP funding
■ Attract non-dilutive funding
■ Industry SRA
■ SBIR/STTR
■ Foundations
■ Dashboards create transparency
■ Faculty, department, school

■ Tech Transfer office creates collisions
■ Industry
■ As an invention’s CRL increases, industry will “pull” the invention in as a license
■ New venture ecosystem
■ NV Accelerator to improve CRL and make collisions with entrepreneurs and venture capital

Figure 4: TTO process management utilizing a commercialization readiness level.

are jointly owned with other academic institu- 3. [NSF] National Science Foundation. Survey of
tions. The complexity of licensing such inven- federal funds for research and development fiscal
tions increases exponentially with the number years 2014–16. Arlington (VA): National Science
of institutions involved. Develop a mechanism Foundation. [accessed 2017 May 15]. https://
that expands on the Massachusetts Association ncsesdata.nsf.gov/fedfunds/2014/.
of Technology Transfer Officers’ Joint Inven- 4. [NCES] National Center for Education Statistics.
tion Innovation Agreement to accelerate licens- Endowments. Washington (DC): U.S. Depart-
ing of jointly-owned patents (15). ment of Education. [accessed 2017 May 15].
https://nces.ed.gov/fastfacts/display. asp? id=73.
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