CLP CLP Technology Transfer & IP Management

Question 1

Technology transfer offices (TTOs) at universities primarily fulfill which role in the licensing ecosystem?

Accepted Answer

Commercializing faculty inventions by patenting and licensing them to industry

Answer

Conducting patent litigation on behalf of inventors

Answer

Setting federal research funding priorities

Answer

Enforcing export control regulations

Question 2

The Bayh-Dole Act of 1980 is significant to US technology transfer because it:

Accepted Answer

Allows universities and small businesses to retain ownership of inventions made with federal funding

Answer

Requires all federally funded inventions to remain in the public domain

Answer

Establishes the USPTO's patent examination procedures

Answer

Mandates royalty-free licenses for government contractors

Question 3

A march-in right under the Bayh-Dole Act allows the federal government to:

Accepted Answer

Require the patent owner to license the invention to other parties if it is not being adequately commercialized

Answer

Revoke the patent if the inventor misrepresents research results

Answer

Audit the university's technology transfer royalty accounts

Answer

Block export of the licensed technology to foreign countries

Question 4

What is a material transfer agreement (MTA) in the context of technology transfer?

Accepted Answer

A contract governing the sharing of tangible research materials between institutions

Answer

A license granting rights to manufacture a patented product

Answer

An agreement to transfer title of intellectual property to a third party

Answer

A document authorizing export of controlled biological agents

Question 5

In university licensing, what distinguishes an exclusive license from an assignment?

Accepted Answer

An exclusive license retains ownership with the licensor while granting sole rights to the licensee; an assignment transfers ownership entirely

Answer

An assignment is temporary while an exclusive license is permanent

Answer

An exclusive license is limited to one field while an assignment covers all uses

Answer

There is no practical legal difference between the two

Question 6

Which type of IP protection is most commonly used for protecting software algorithms in the United States?

Accepted Answer

Patents and trade secrets

Answer

Trademark registration only

Answer

Geographic indications

Answer

Plant variety protection certificates