College
Buchtel College of Arts and Sciences
Date of Last Revision
2023-05-08 15:54:10
Major
Chemical Engineering
Honors Course
CHEE 497
Number of Credits
2
Degree Name
Bachelor of Science
Date of Expected Graduation
Spring 2023
Abstract
In order to facilitate fast, equitable, and effective sublicensing to University of Akron technology startups, spinoffs, and spinouts, an express license was developed. This expresses license was developed by benchmarking existing terms in order to determine market rates. Universities, venture capital firms, and nonprofits were interviewed in order to establish a set of best practice guidelines for the creation of the express license. These results were then tabulated and statistically analyzed in order to determine a series of startup friendly terms that support the University of Akron’s interests. A series of express licenses were then developed from this data. These express licenses outline specific values for the equity consideration, royalty rate, sublicense considerations, minimum annual royalties, upfront fees, and antidilution measures.
Research Sponsor
Elyse Ball
First Reader
Lu-Kwang Ju
Second Reader
Edward Evans
Honors Faculty Advisor
Edward Evans
Proprietary and/or Confidential Information
Yes
Recommended Citation
Horton, Drew, "Standard Licensing Template for University of Akron Startups" (2023). Williams Honors College, Honors Research Projects. 1667.
https://ideaexchange.uakron.edu/honors_research_projects/1667
Full signature page
Horton WHC-HRP+Final+Signature+Page_3_signed.pdf (201 kB)
undamaged Zheng signature
TransACT_data_with_graphs.xlsx (136 kB)
Included in
Commercial Law Commons, Contracts Commons, Entrepreneurial and Small Business Operations Commons, Intellectual Property Law Commons
Comments
For the signature page, Dr. Zheng's signature seems to have been damaged in the final version, so I am submitting an earlier copy as well where it is intact. This should e=be a revision to my proposal as requested.