Tag: Jargon

IP, Contract, etc. Jargon

What does that Venture Capital Term Mean? – Part 2

Posted onAuthorJessica Beach

Venture capital (VC) is a form of financing that is private and provided by investors, investment banks, or other financial institutions to startup companies and small businesses, particularly those with long-term growth potential. Often seen as the “engine of economic growth”, venture capital investors provide funds to early-stage companies or start-ups in exchange for equity or ownership stake. To help introduce you to the world of Venture Capital, we’ve compiled a list of some of the most common terms in this field. You can find part one of this blog here. Common Venture Capital Terms & Concepts Securities and Exchange Read More …

What does that Venture Capital Term Mean? – Part 1

Posted onAuthorJessica Beach

Venture Capital (VC) is a form of financing that is private and provided by investors, investment banks, or other financial institutions to startup companies and small businesses, particularly those with long-term growth potential. Often seen as the “engine of economic growth”, venture capital investors provide funds to early-stage companies or start-ups in exchange for equity or ownership stake. To help introduce you to the world of Venture Capital, we’ve compiled a list of some of the most common terms in this field. Common Venture Capital Terms & Concepts Venture Capitalist (VC): A venture capitalist is the first term that is Read More …

Understanding AI Lingo in Healthcare

Posted onAuthorLinda Kesselring

With the ever-growing incorporation of technology into medicine over the past decade, healthcare industries have advanced to integrate novel technology innovations. Such innovations include artificial intelligence (AI), virtual reality (VR), 3D-printing, robotics, and so on. One of these innovations, artificial intelligence (AI), holds promise in improving patient care while reducing costs. This technology has been applied in areas such as patient diagnosis and monitoring, treatment protocol development, radiology, and drug development. While some of this might seem like science-fiction, it’s being incorporated every day in the healthcare field. To help introduce you to this new world below, we’ve compiled a Read More …

The Ever-Confusing World of Contract Lingo – Part 2

Posted onAuthorLinda Kesselring

While much of OTT’s work deals with the review, protection, and management of the inventions made by our faculty, there is a whole other side that is of equal importance: negotiating contracts with industry, be it for licenses, clinical trials, collaborations, sponsored work, or confidential discussions. Just as the world of patents has its own set of jargon and terms, contracts do too. Below we’ve compiled a helpful list of some common terms you may encounter in contracts. You can find part 1 of this blog here. Common Contract Terms & Concepts Continued Representation: A fact that one party states Read More …

The Ever-Confusing World of Contract Lingo – Part 1

Posted onAuthorLinda Kesselring

While much of OTT’s work deals with the review, protection, and management of the inventions made by our faculty, there is a whole other side that is of equal importance: negotiating contracts with industry, be it for licenses, clinical trials, collaborations, sponsored work, or confidential discussions. Just as the world of patents has its own set of jargon and terms, contracts do too. Below we’ve compiled a helpful list of some common terms you may encounter in contracts. What is a Contract? At its most basic, a contract is a binding legal agreement voluntarily entered into by two or more Read More …

IP Jargon: What are they talking about? – Part 2

Posted onAuthorLinda Kesselring

When beginning the process of protecting your invention, lots of industry specific terms and legal jargon get thrown around and can seem a bit daunting. To help ease you into the world of intellectual property protection, OTT has collected and defined some of the most common words and phrases that you’re likely to come across. In this two-part post, we’ll discuss jargon heard in patent statutes and applications and during the patent review process and a patent appeal (Part 1 can be found here). In this part we will cover jargon often heard during the patent review and appeal processes. Read More …

IP Jargon: What are they talking about? – Part 1

Posted onAuthorLinda Kesselring

When beginning the process of protecting your invention, lots of industry specific terms and legal jargon get thrown around and can seem a bit daunting. To help ease you into the world of intellectual property protection, OTT has collected and defined some of the most common words and phrases that you’re likely to come across. In this two-part post, we’ll discuss jargon heard in patent statutes and applications and during the patent review process and a patent appeal. In this part we will cover jargon found in patent statutes and applications. Patent Statue Jargon Statutory Subject Matter: Something that can Read More …

Untangling the Codes

Posted onAuthorLinda Kesselring

In technology transfer, as in other fields, there are quite a few acronyms that are thrown around and may seem confusing at first. In this glossary, we break down the different types of agreements that’ll help you untangle those codes. MTA MTA stands for Material Transfer Agreement. Because research and technology development are often collaborative efforts, colleagues may share research tools. MTAs are formal contracts that define the proper use and limits of these shared tools, which could include reagents, cells, antibodies, computer software, etc. It’s important to execute an MTA before any research material is sent or received. The Read More …