Lita Nelsen, director of Technology Licensing Office (TLO), the technology transfer office of Massachusetts Institute of Technology, gave the final keynote at the Global Corporate Venturing Symposium today, providing an overview over what TLO does and why.
“We are a small university,” Nelsen said. “The entering undergraduate class is just over a thousand. But we make a lot of noise.”
Technology transfer is not a money-maker, Nelsen stated, revealing that returns are very limited. Indeed, licensing has only returned $2.6bn…
