The Ohio IP Promise

A collaboration launched by Ohio's former lieutenant governor and the Inter-University Council of Ohio to unite the state's 14 public universities under a forward-thinking approach to intellectual property licensing.

This initiative sets a high standard for IP management to strengthen Ohio’s economy, attract top-tier researchers and draw investors and entrepreneurs through:

1. Flexibility: Offers options for accessing IP developed through sponsored research.
2. Transparency: Provides publicly available templates for sponsored research and licensing agreements.
3. Simplicity: Establishes fair, streamlined guidelines for faculty-founded startups.
4. Clarity: Clearly communicates licensing processes on university websites.
5. Ease: Creates defined university entry points for industry, investors and entrepreneurs.
6. Speed: Minimizes potential barriers to expedite IP transactions.

This patent licensing approach establishes an ecosystem where Ohio universities, researchers, entrepreneurs, investors and industries collaborate to bring high-impact innovations to market faster, driving economic growth and promoting quality of life.