The mission of the Technology Transfer Unit (TTU) at OGC is to encourage and assist technology development at AUB; to facilitate the transfer of intellectual property to business and industry. The Unit is dedicated to bringing inventions and technologies at AUB to the marketplace so as to create benefits for the University and the community.
Guided by this mission, TTU has developed a set of five core goals: 1. Provide guidance to faculty members, staff and students to consider alternate applications of technology developed as part of their research; with time, develop an effective and efficient technology transfer.
2. Program and assess, document and communicate the full value of technology transfer activities.
3. Increase research and development income to AUB, from public and private sources, through appropriate business agreements that are in compliance with the University’s intellectual property policy.
4. Protect and help market the intellectual property resulting from the scholarly activities at the University.
5. Enhance national economic development by building strong ties between the public and private sectors, without compromising academic principles.
The Unit functions under the Office of Grants and Contracts (OGC) and is currently composed of two specialists in licensing, and transferring technologies from the physical sciences, life sciences, and information and computer sciences. TTU is responsible for managing invention disclosures and inventions from all Faculties on AUB campus. TTU also has a legal IP advisor and business specialists and consultants.