Q: Why is 3M licensing technology?
A: 3M has developed a number technologies that are not fully used within the company. 3M will develop many processes and products and chooses to commercialize those that fit best with 3M’s strengths and business strategies. Many of these technologies have applications outside of 3M’s areas of interest. It is these technologies that 3M is willing to share that might be valuable to others.
Q: Are all of 3M’s technologies available for license?
A: 3M chooses to license an intellectual asset based on a number of factors like how the license would impact current and future 3M businesses and whether a licensee will be able to generate more value from the technology for both companies than 3M would on its own. 3M will evaluate this work with other companies to define appropriate technologies or fields of use for the technology.
Q: How can I find out what technology 3M currently has to offer for license or sale?
A: All the patents currently pre-approved for license will be listed at the 3M Technology Transfer web site. But this is just a start. We have only scratched the surface of the intellectual assets we plan to offer. If you have specific technology in mind that is not currently listed, let us know. Acquisition of patents may also be a possibility.
Q: Can I speak with a licensing manager?
A: Yes, you can contact us by fax or e-mail. Use the “contact us” button included on the site for contact information. Please supply only non-confidential information in your initial contact.
Q: How much does a license cost?
A: The cost of a license depends on a variety of factors. Arriving at a fair price for a technology involves sharing information about the intended use of the technology and specific rights that are needed. 3M Technology Transfer has experienced professionals who can work with licensees.
Q: Will 3M donate technology to a non-profit organization?
A: Yes. Donation is an accepted strategy and 3M is actively looking for more technology candidates. In many cases placing the technology at the right university can be the best way to continue the development of an important technology that no longer fits in 3M’s business strategy.