A Refined Process
AzTE identifies technology that fills market needs to enable the right partners to take these innovations to the marketplace. Our licensing process, which we have refined over the course of a decade as an independent office, is designed to achieve two goals:
- Offer a straightforward legal mechanism for companies to access ASU inventions.
- Facilitate on-going partnerships for future product commercialization.
AzTE shares in the development risk by requiring an initial license fee and a royalty that is received only after a product or process is being sold or otherwise used. We understand that direct communication is the quickest and most efficient way to work with our industry partners.
How does the licensing process work?
There are five simple steps to working with us on a licensing agreement: