#Identify opportunities to serve on technical advisory boards for new ventures
== <span style="font-size: 11pt; line-height: 107%; font-family: Calibri, sans-serif; color: rgb(47, 45, 34); background-image: initial; background-attachment: initial; background-size: initial; background-origin: initial; background-clip: initial; background-position: initial; background-repeat: initial;">Wayne State Technology Commercialization</span> ==
Wayne State Technology Commercialization (<abbr title="teaching certificate">TC</abbr>) is responsible for the identification, protection, marketing and licensing of intellectual property (e.g., patents, unique biological or other materials, and certain copyrights) developed by <abbr title="Wayne State University">WSU<span /abbr> faculty, staff and students. The <abbr title="teaching certificate">TC</abbr> Office promotes an entrepreneurial culture and supports start-up ventures and regional economic development. <abbr title="teaching certificate">TC</abbr> also negotiates Material Transfer Agreements and Confidentiality Agreements and reviews the Intellectual Property terms of Sponsored Research Agreements. The goal of Technology Commercialization is to comprehensively manage and aggressively pursue technology transfer activities to support the faculty and the university in translating innovative ideas from the university to the marketplace. == WSU Intellectual Property Policy == WSU will help file for patents and help fulfill legal requirements. The current formula for royalty distribution is <div style="fontclear:both;"></div> {| border="1" cellspacing="0" cellpadding="0" align="center"|-size| style="width:156px;" | Net Income | style="width: 11pt156px; line" | Inventor | style="width:156px;" | Department | style="width:156px;" | University |-height| style="width: 107156px;" | Up to $10,000 | style="width:156px;" | 75% | style="width:156px;" | 15% | style="width:156px; font" | 10% |-family| style="width: Calibri156px;" | Up to $90, sans-serif000 | style="width:156px;" | 50% | style="width:156px; color" | 15% | style="width: rgb(47, 45, 34)156px; background" | 35% |-image| style="width: initial156px; background-attachment" | Up to $900,000 | style="width:156px;" | 40% | style="width: initial156px; background-size" | 15% | style="width: initial156px; background" | 45% |-origin| style="width: initial156px; background-clip" | Over $1 million | style="width: initial156px; background-position" | 35% | style="width: initial156px; background-repeat" | 15% | style="width: initial156px;"></span>| 50% |} = Outside WSU Resources = == Detroit Venture Partners == DVP backs seed and early stage startup teams with the grit, creativity, and passion to tackle and mold opportunity. We look for founders who are creative, disciplined, and trustworthy. We are passionate entrepreneurs who know how to build successful companies from the ground up. To us, building a business is an act of creative expression. It's an opportunity to make a difference and change the world. If not, why bother? == Life Beyond Barriers == Life Beyond Barriers is the collaboration of visionary leadership from an elite collection of organizations. United, the organization utilizes their world-class skills and resources – biomedical, biotechnological and rehabilitation – to create solutions for real issues that confront people with disabilities, healthcare professionals and caregivers. == Michigan Initative for Innovation & Entrepreneurship == The Michigan Initiative for Innovation & Entrepreneurship (MIIE) builds on Michigan's universities as economic assets by speeding the commercialization of university research while promoting a culture of entrepreneurial risk-taking. The initiative partners Michigan's philanthropic resources with university and private business resources to help launch new startup companies, and strengthen ties between small business, industry and academia. == TechTown == TechTown is Detroit’s business innovation hub. As the city’s most established business accelerator and incubator, we provide a powerful connection to a broad network of resources, catalyzing entire communities of entrepreneurs best poised to energize the local economy. = Entreprenurship Atmosphere = We currently rate WSU as a 9 out of 10 because of the amount of students interested in startups, however the university could greatly improve the visibility of the available resources for students as well as improve their Intellectual Property Policies. Also the number of student run organizations isn't much though we see that being fixed by 2016.