LMU is reorganizing its technology transfer process and setting new standards for patent-intensive fields of research in particular. A patent protects an invention for 20 years. If the best part of two years is spent just on finalizing the contract for the transfer of intellectual property (IP), this squanders one-tenth of the entire period of protection - and thus one-tenth of the potential value creation. This is the state of affairs in Germany today, as documented by the Commission of Experts for Research and Innovation (EFI) in its latest report.
Bavarian Minister of Science Markus Blume emphasizes: "Excellent research needs excellent transfer: Only when innovations make the leap from the laboratory to the market can they unleash their full power. In Bavaria, we consistently treat top-level research, application, and value creation as inseparable. With its new transfer model, LMU is cutting bureaucracy and building competitiveness - demonstrating how scientific excellence and effective startup dynamics can work in tandem. With its ambition of establishing the fastest IP transfer in Germany's higher education sector, LMU is setting standards and becoming a model for cutting-edge transfer culture at universities across Germany."
