Startup and New Business Guide for Alaska Inventors
Creating a startup and new business in Alaska is a great way to capitalize on the entrepreneurial spirit of the state and its talented population. There are many different advantages of owning a patentable invention, including the ability to create a sustainable business. These advantages are also a great way to build your brand and increase revenue. Startups can be lucrative businesses if they develop innovative ideas and have a clear plan for how to commercialize their ideas.
Technology Transfer process
The Technology Transfer process for Alaska inventors can help you protect your intellectual property. The process enables you to patent your invention and transfer it to a company. It is a great way to commercialize your invention and get a return on your investment. There are many advantages to technology transfer, including creating jobs, increasing U.S. economic competitiveness, and promoting global technological leadership. Read on to learn more.
The NOAA Administrative Order sets forth NOAA’s policy on the implementation of the Federal Technology Transfer Act (FTEA) and Executive Order 12591 (“Facilitating Access to Science and Technology”). This Administrative Order specifies the procedures for entering into co-operation research and development agreements, licensing arrangements, and distribution of royalties. The NOAA Administrative Order also establishes the licensing process for Alaska inventors and covers the rights to the inventions of federal employees.
The CRADA bill was passed to expand the capabilities of the Federal agencies and laboratories to transfer technologies to private companies. The act includes a number of changes and expansions. CRADAs now allow for more flexibility in the licensing process and make it easier for small companies to get the benefits of federal research. The federal government’s involvement in the Technology Transfer process promotes economic growth by allowing the private sector to further develop and refine research results and market them.
The state of Alaska has a low rate of registered inventions, although the difference has become smaller in recent years. The state’s large migrant population and insular Native American population may hinder its residents from seeking patent protection. The state also has language and legal barriers, which may discourage residents from pursuing this type of business venture. In contrast, Mississippi has a higher proportion of English-speaking Americans and is geographically more connected to the American market, which may explain its slightly higher rate of inventions.
Working with TBDO
In Alaska, Tavella is one of the most active patent agents. He works with a wide variety of clients, many of whom never make it to the market. Others have to relocate to the Lower 48 to make their ideas a reality. For example, Darryl Fenton invented a candy dispenser that resembles a wooden moose. The candy is released when the moose’s head is raised.