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Technology Transfer & Commercialization of Intellectual Property : Definitions

This guide is designed to provide resources on technology transfer, commercialization of intellectual property, and resources for law and enterprenuership at the University of Wisconsin.

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Glossary of Terms

Bayh - Dole Act - Title 35 U.S.C. §200 - 212.  The Bayh-Dole Act and its subsequent amendments created incentives for the government, universities, and industry to work together in the commercialization of new technologies for the public benefit. For a copy of the Bayh-Dole Act, see the tab for law, legislation & policy in this guide.

IMTA - Industry Material Transfer Agreement

IP - Intellectual Property

MTA - Material Transfer Agreement, sometimes SMTA (Standard Material Transfer Agreement)

NIH MTA - Transfer of Organisms (MTA-TO)

Shrink Wrap MTAs - Under the so-called “shrink-wrap” form of acceptance, the very act of accepting and using what is sent to you by an organization constitutes your acceptance of the MTA. That is, by accepting and using the material, you become legally bound by the terms and conditions of the MTA just as if you had signed an MTA agreement. (This works the same as when you buy copies of computer software—you don’t sign a contract with the software developer, but, by the act of opening the box and removing its shrink-wrapping, you are bound by the conditions of the contract.)

UBMTA - Universal Biological Material Transfer Agreement