MODEL FOR IP TRANSFER AND SHAREHOLDING FOR UNIVERSITY SPIN-­OFFS: "THE DRESDEN MODEL“

Project information

Index: 1210R4
Acronym:ETTBio
Priority:1: Innovation and the knowledge economy
Sub Theme:Innovation, research and technology development
Location GERMANY SACHSEN Dresden Dresden Start/End date of the practice
Start: 2002
End: -

Topic of the practice

Intellectual properties, patents, spin-offs, universities as shareholder

Good Practice Information

Derived from the need to create an easy access for TUD spin-offs towards the use of intellectual property (IP) developed within TUD, a unique shareholding model for spin-offs has been developed, the “Dresden model”: TU Dresden Aktiengesellschaft (TUDAG), TUD and the new spin-off company cooperate in a trilateral way in order to enable researchers to start up based on university IP:
1) After a researcher has made an invention, TUD claims the invention and files a patent.
2) If this researcher founds a company, the patents are transferred to the spin-off via TUDAG.
3) The new company will additionally get a right of first offer for related technologies developed at the university.
4) As a compensate for the transfer of IP rights, TUDAG receives shares of the spin-off company.

Evidence of success

To date, the Dresden Model has led to 21 new spin-off companies. Most prominent, the TUD spin-off Novaled has recently been sold to Samsung for €260 million. TUDAG was still a shareholder at that time, and a significant proportion of the exit volume was delivered to TUDAG. As many European universities underlie certain restrictions in getting commercially involved, this model is of high interest.

Contact details to obtain further information on the practice

Nadine Schmieder-Galfe

Technische Universität Dresden (TUD)

nadine.schmieder-galfe@tu-dresden.de

www.tu-dresden.de

Annex completed on: 09-17-2014

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