At UPEI, researchers choose whether or not they want to commercialize their invention. When making that decision, you may ask “Why would I want to commercialize? What’s in it for me?” Commercialization of your inventions has many benefit and rewards, which may include:
- Professional recognition as a leader in your field of expertise;
- Securing new sources of research funding, through industry-sponsored research agreements;
- Enhanced competitiveness for government funding;
- Personal financial gain;
- Additional research and development resources for your lab, department, and the University;
- Contribution to public good and to economic growth through improved products, processes and services.
Technology Transfer