- Licensing technologies facilitates the intellectual exchange of ideas and may lead to further academic-industry partnership.
- Often, underlying hypotheses are proven as technologies are advanced well beyond the capacities of a single investigator.
- Technology licensing allows a broader scientific and business community to discover the value of an invention and of a researcher's work.
As part of a technology licensing agreement, Duke receives consideration such as license initiation and maintenance fees, milestone fees, royalty payments and/or equity. Consideration to Duke is distributed to inventors and departments based on the Duke Patent Policy