Posted on Thursday, Nov. 13, 2008 — 3:05 PM
Vanderbilt University has launched a new e-commerce website that allows users to purchase innovative software, courseware and other digital products over the Internet.
The VU e-Innovations website features technologies developed exclusively at Vanderbilt University, one of the nation’s top research universities. The link is http://vuinnovations.com.
Setting up such online stores is the latest trend in university technology transfer efforts. At least two other universities, University of Washington and University of Minnesota, have set up similar websites.
"After investigating similar websites, we have determined that we are one of the first universities to set up an e-commerce site of this type," said Peter Rousos, senior business development executive in Vanderbilt’s Office of Technology Transfer and Enterprise Development, which set up the new site. "Hundreds of patents have been issued to Vanderbilt and the university has entered into numerous license agreements. We realized that a number of them were suitable for online sales."
The new site has undergone several months of testing and currently offers six university-developed products:
"These are just our first offerings," said Rousos. "We will be adding more products in the near future."
Vanderbilt’s Office of Technology Transfer and Enterprise Development is the office responsible for expediting the commercialization of technologies and certain copyrighted works developed at Vanderbilt. The OTTED plays a key role in protecting and preserving the intellectual property assets of Vanderbilt, licensing technology developed by Vanderbilt inventors and innovators and assisting in the start-up of companies that commercialize Vanderbilt technology. In the last fiscal year, Vanderbilt received more than $8.4 million in revenues from licensing technology and innovations that were developed by Vanderbilt researchers. For more information about the OTTED, call 615-343-2430 or visit www.vanderbilt.edu/technology_transfer.
Media contact: David F. Salisbury, (615) 322-NEWS
david.salisbury@vanderbilt.edu
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