Buchtel College of Arts and Sciences
Date of Last Revision
Number of Credits
Bachelor of Science
Date of Expected Graduation
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.
Honors Faculty Advisor
Proprietary and/or Confidential Information
Horton, Drew, "Standard Licensing Template for University of Akron Startups" (2023). Williams Honors College, Honors Research Projects. 1667.