Commercialization of innovative technologies can create good jobs, new wealth for those involved, and economic prosperity for the broader economy. But the journey from idea to marketable product is a complex one with many pitfalls. Navigating it successfully requires knowing not just the law, but how to apply the law to achieve real-world business goals.
SU College of Law's Technology Commercialization Law Program provides an interdisciplinary and applied approach to the study of the commercial development of new technologies. The program combines classroom courses, case-study problem-solving, negotiation and drafting exercises, and applied research projects. Opportunities for financial support are available through scholarships and paid internships.
Each semester, students enrolled in the TCLP partner with entrepreneurs developing a technology for commercialization and perform an in-depth analysis of the relevant technical, business, and legal issues. This win-win formula provides students with a unique opportunity to study organic technologies and to work with senior technology managers, while providing client organizations with extremely useful research and analysis.
"We give students an opportunity to think about the law in a real-life context, by learning about the technology and the business that surrounds the technology," says Professor Ted Hagelin, director of the Syracuse University New Technology Law Center (SUNTEC). "You simply can't be an effective lawyer if you don't know your client's business and you don't understand your client's technology."
Students have conducted more than 100 research projects on behalf of universities, federal research laboratories, technology development organizations, and businesses, including both established companies and start-ups. The leading-edge technologies they've analyzed have included purification of DNA samples, nanoscale electronics, data visualization systems, silicon membrane filters, biological wound dressings and implantable glucose monitors.
"We want to train lawyers who understand the business goals of a transaction," Hagelin says. "We want to train lawyers who facilitate innovation, who understand how the law can be used in creative ways to advance a client's objectives."
Graduates have found jobs in law firms, technology companies, universities, research labs and government. And they've all advanced their careers through the work they've done at SUNTEC.
There are significant advantages to tackling your law degree in an environment that's integrated with a major university. Here are some of the places you'll be spending your time as you pursue your studies. In your spare time? Well, there's plenty of excitement to find here as well.
Syracuse University College of Law: A rich tradition in law & interdisciplinary studies.
|Syracuse University New Technology Law Center: Home of Technology Commercialization Research Center for commercial development of early-stage technologies. Designated statewide as the New York State Science and Technology Law Center.
An accomplished scholar, Ted Hagelin created the Technology Commercialization Law Program. Professor Hagelin earned a B.S. Economics, University of Pennsylvania's Wharton School; J.D., Temple University; and LL.M., Harvard University. He teaches intellectual property and technology commercialization law, while overseeing the core curriculum of TCLP and the completion of detailed applied research projects each semester.
Title: Liquid Natural Gas Fuel Tanks
This report examined the potential business strategies for the introduction of the technology developed by Hebeler and another company, CFS. The report outlined the technology, and assessed other competitive technologies in the market. A discussion of the intellectual property issues surrounding the tank reviewed the company patents and other patents in the LNG tank industry. IP protection strategies were explored. An overview of the trucking market and fuel prices as well as a competitive analysis of the LNG tank market was provided. Three business models were considered: an educational and technology assistance (ETA) model, a traditional licensing agreement model, and a manufacturing model, where tanks would be manufactured in-house.
More program research projects can be found here.
"The Technology Commercialization Law Program provided me with an opportunity to work closely with real-world clients to help them develop technology commercialization strategies, understand competitors and evaluate the intellectual property landscape. It also helped me develop practical research skills that have served me well in my career. The skills and practical experience I gained in the TCLP have proven to be invaluable in my intellectual property practice."
Mark Williams, L'08
Snell & Wilmer L.L.P.