CLP CLP Technology Transfer & IP Management 2

Question 1

A sponsored research agreement (SRA) between a company and a university typically grants the sponsor:

Accepted Answer

An option to negotiate a license on inventions arising from the sponsored work

Answer

Automatic assignment of all patent rights from the research

Answer

Unlimited royalty-free rights to all university IP forever

Answer

Veto power over publication of research results

Question 2

What is the primary purpose of an invention disclosure form (IDF) in a university TTO process?

Accepted Answer

To formally notify the TTO of a potentially patentable invention so it can evaluate and protect it

Answer

To publicly disclose the invention and establish a prior art date

Answer

To request research funding from the federal government

Answer

To register a trademark for a product derived from research

Question 3

Which term describes the process by which a licensee gains access to a licensor's know-how, training, and technical support alongside the patent license?

Accepted Answer

Technology transfer

Answer

IP assignment

Answer

Patent prosecution

Answer

Freedom-to-operate analysis

Question 4

In IP portfolio management, what is 'IP landscaping'?

Accepted Answer

Mapping the existing patent filings in a technology area to identify white spaces and competitive positions

Answer

Pruning low-value patents from a portfolio to cut maintenance fees

Answer

Filing continuation patents to broaden claim coverage

Answer

Conducting freedom-to-operate searches before product launch

Question 5

What is a continuation application in US patent law, and why is it relevant to licensing?

Accepted Answer

A new patent application claiming the same priority date as a parent application but with different or broader claims

Answer

An appeal filed when the USPTO rejects the original application

Answer

A divisional application splitting out separate inventions

Answer

A provisional application extending the 12-month filing window

Question 6

What does 'freedom to operate' (FTO) mean in the context of technology transfer?

Accepted Answer

A determination that a product or process can be commercialized without infringing valid third-party patents

Answer

A government clearance to export controlled technology

Answer

A contractual right to sublicense without licensor approval

Answer

An indemnification clause protecting the licensee from infringement claims