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== University technology transfer function ==
The Office of Technology Transfer and Intellectual Property Development (OTT) (https://tulane.edu/ott/) aids to secure intellectual property of Tulane students and faculty and to advance commercial translation. When a student or faculty member discloses an invention or idea it is OTT's expertise to evaluate the commerical potential of the novel idea. Furthermore, OTT directs students accordinlgly on the appropriateness to start a venture based on market size, strength of intellectual property, ability of technology to penetrate the market, and the likelihood of the venture to raise necessary funds. OTT also connects the student and/or faculty inventor of local resources to move their venture forward. Importantly, OTT works hard to reach out to students and faculty and make them aware of OTT's services through entrprenurial seminars and local community activities.
== University-Industry collaboration ==