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Tech Transfer

Smiling woman in white lab coat.
Smiling woman in white lab coat.

Tech Transfer

Much of what we do at Nevada Research & Innovation Corporation is technology transfer, which is the process of ushering new technologies to the commercial marketplace through business development. Public/private partnerships like ours are possible thanks to the licensing of intellectual property (IP). When the faculty, students and researchers at the University of Nevada, Reno create or improve innovations for unique and beneficial applications, NVRIC can – through licensing – transfer the innovations to companies and entities with the willingness, know-how and funding to turn intellectual property into marketable products. In exchange for the licensing, NVRIC receives revenues, royalties, equity shares and/or cash fees. All revenues flow to the University with the exception of a 15% service fee retained by NVRIC to help fund operations. The University then distributes 60% of the net revenues to the creators.

These mutually beneficial relationships allow technology- and research-minded people to do what they do best, and business-minded people put their strengths to work, too.

Tech Transfer

Much of what we do at Nevada Research & Innovation Corporation is technology transfer, which is the process of ushering new technologies to the commercial marketplace through business development. Public/private partnerships like ours are possible thanks to the licensing of intellectual property (IP). When the faculty, students and researchers at the University of Nevada, Reno create or improve innovations for unique and beneficial applications, NVRIC can – through licensing – transfer the innovations to companies and entities with the willingness, know-how and funding to turn intellectual property into marketable products. In exchange for the licensing, NVRIC receives revenues, royalties, equity shares and/or cash fees. All revenues flow to the University with the exception of a 15% service fee retained by NVRIC to help fund operations. The University then distributes 60% of the net revenues to the creators.

Tech Transfer

Much of what we do at Nevada Research & Innovation Corporation is technology transfer, which is the process of ushering new technologies to the commercial marketplace through business development. Public/private partnerships like ours are possible thanks to the licensing of intellectual property (IP). When the faculty, students and researchers at the University of Nevada, Reno create or improve innovations for unique and beneficial applications, NVRIC can – through licensing – transfer the innovations to companies and entities with the willingness, know-how and funding to turn intellectual property into marketable products. In exchange for the licensing, NVRIC receives revenues, royalties, equity shares and/or cash fees. All revenues flow to the University with the exception of a 15% service fee retained by NVRIC to help fund operations. The University then distributes 60% of the net revenues to the creators.

These mutually beneficial relationships allow technology- and research-minded people to do what they do best, and business-minded people put their strengths to work, too.