BukSU shall establish an IPTT unit or designate a function within the Institution or another organization to act as such, to assist BukSU in managing and commercializing its IP in a form that will most effectively promote its development and use for economic and social benefit.
The TBDO IPTTU shall be composed of a Director, two (2) licensing assistants (one for information technology and another for business administration), a programmer/technical assistant, filing coordinator and an accountant, and all other positions that may be required by the IP Code, the related laws and their implementing rules and regulations. The TBDO IPTTU Director shall report directly to the Research Director.
The responsibilities of the TBDO IPTTU shall include, but are not limited to:
- Outreach/awareness to Researcher(s);
- Relationship management with Researcher(s);
- IP application, management and protection;
- Technology marketing and IP contract negotiation;
- IP contract management; and
- IP costs and revenue distribution.