Licensing

Why might IP be commercialised via a license rather than a spin-out?

It makes more financial and commercial sense to license a technology than to form a new company. Please contact the Innovation Office (041 504 4309 / innovation@mandela.ac.za) if you are unsure of which route to follow.

Who makes the decision on whether to proceed by a license or spin-out?

The Innovation Office, in conjunction with Innovolve (Nelson Mandela University's commercialisation company), Board of Directors.

How are the terms of a license decided?

This depends on the project and what the licensee requires the license for. There are different types of licenses and these, are negotiated by the Innovation Office, taking into account the projects needs.