University of Arkansas announces new licensing option for “community member entrepreneurial teams”
The technology transfer organization at the University of Arkansas has launched a new intellectual property option agreement specifically designed for use by what is described as “community member entrepreneurial teams.”
Under the arrangement, the Technology Ventures organization will allow pre-incorporation entrepreneurial teams of individuals to secure limited rights for a limited period of time to do a commercial evaluation, derisk the market though customer discovery, and/or further develop university-owned intellectual property.
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