报告题目：Integrating university research with the market demands
Jingxi Chu is the Director of IP Affairs and Deputy General Counsel for a rising biotech company, Nanova, Inc., co-founded by several university professors based on the inventions transferred from universities. Before working with Nanova, Inc., she worked for 12 years as the Intellectual Property Protection Manager at the University of Missouri Systems, managing IP portfolios for all four universities in the MU system and filing about 70-80 patent applications each year. She obtained her BS in Chemistry from Peking University in 1990 and her MS in Organic Chemistry from the University of Illinois, Urbana-Champaign in 1993. Before changing her career to law, she worked as a medicinal chemist in Bayer, Co. (a US research branch of the German corporation), for 3 years and at the National Cancer Institute for 2 years. She received her JD with high honor from the University of Tennessee School of Law in 2001 and worked as an attorney at one of Tennessee’s most prestige law firm, Bass, Berry & Sims and later as a staff attorney at Oak Ridge National Laboratory before joining the University of Missouri.
University tech-transfer has been playing an increasing role in the economy. How to conduct research mindful of market demand, and furthermore how to successfully transfer the technology/invention produced in the research to the market place, have been actively explored throughout various universities (public as well as private) for several decades. Initially the main method has been the licensing-royalty model in university tech-transfer: the university licenses its technologies/inventions to a sizable industrial company with initial licensing fees and running royalties, and sometimes the faculty inventor may take up consulting role with the industry licensee. Recently, the spin-off faculty start-up model is increasingly being adopted, whereas the university helps the faculty inventor starting a project company (the “start-up”) based on the technology/invention, and the faculty will get outside funding and run the start-up, and the university will take some ownership interests (stocks) in the start-up.