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.
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