Role of Academic Librarians in the Commercialization of University Intellectual Property, An Emerging Opportunity

A new partnership Sherry Hoskinson worked on at the University of Arizona has become a national model, won an award, is the basis is of a published paper, and now is being featured at a conference.

The Business Intelligence Unit (BIU) of the University of Arizona Libraries holds a valuable role in the commercialization of university intellectual property. BIU librarians work closely with the University of Arizona commercialization unit called Tech Launch Arizona (TLA), providing literature research to support the transformation of scientific discoveries into commercially viable inventions and technology.  These technologies are then licensed by outside companies, spun off into start-ups, put forward for more development funding, and contribute to the fiscal outcomes of the University and State of Arizona.

Panel participants represent researchers and business development executives from Tech Launch Arizona, Arizona Center for Accelerated Biomedical Innovation (ACABI), the University of Arizona faculty and research scientists and University Librarian. Panel members will discuss the ways in which the Business Intelligence Unit provides market research, medical, scientific and patent literature in support of discovery and commercialization efforts. With cutbacks in higher education funding, particularly in state universities, academic libraries have an important role to play in supporting the revenue stream groups like Tech Launch Arizona bring to campus.

Tech Launch Arizona refers to BIU involvement as a “game changer” for the commercialization unit and campus.  Learn how we worked together with these units on over 200 innovative projects; contributing librarians’ knowledge in business intelligence, searching, marketing savvy and expansion of resources to become part of a high-priority, high-profile campus initiative.