So, the main tasks of technology commercialization and licensing at US universities canbe identified as the following:• Accelerate the transfer of new technologies from universities to the marketplace.• Provide services (training, counseling, and mentoring) for university researchers andpotential business partners.• Assess the fair market value of IP owned by the university, and determine and negotiatefair terms of transactions and agreements.• Use best business practices while taking into account the interests of the general public.• Resolve conflicts among groups of researchers, industrial partners, and the university.