Finding Licensees for your IP
CoCatalyst offers two types of Open Innovation service
1. Finding a technology solution to your problem or innovation need
2. Connecting you to licensees for your proprietary technologies and Intellectual Property
We operate specific processes for each type of service, designed to connect you rapidly to the most promising network contacts and expertise, while ensuring that your own Intellectual Property and business sensitive information is protected. Here is how we can help you find licensees for your IP:
The CoCatalyst IP Out-Licensing Process
The steps in detail
1. Definition
During the Definition phase, CoCatalyst uses a combination of TRIZ (Theory of Inventive Problem Solving) and other tools to:
2. Analysis
During the Analysis phase, CoCatalyst uses a range of TRIZ and other tools to:
3. Research
During the Research phase, CoCatalyst uses the TRIZ solution formulation developed in the Definition phase together with the further generic TRIZ solution statements, descriptions in related prior art, search terms, IPC and Derwent codes from the Analysis phase to target specific industry areas of interest. Using the resources of the British Library, keyword, citation and classification searches of literature and IP databases are conducted . Additionally, contacts will be identified through the CoCatalyst network which spans a range of different industry sectors and includes a number of unique connections to academics, incubators, SMEs and established larger companies. Using these methods CoCatalyst can connect the client to a custom network, specially designed to deliver against the project requirement.
4. Integration
During the Integration phase, CoCatalyst works closely with the client to identify the strongest contractual options and to identify potential issues up-front. CoCatalyst will also work with potential licensees to ensure the smooth integration of the client technology into the licensees system, recommending ways to overcome potential technological obstacles. CoCatalyst provides a first contact point for initial discussions with licensees, assuring confidentiality for the client. Using associates with a strong commercial background, CoCatalyst can then facilitate more detailed contractual negotiations, providing advice to the client about how to overcome issues raised during the process.