Okla. Stat. tit. 70, § 70-4710: Technology transfer systems

The Oklahoma Legislature believes that one key to excellence in

higher education is having an exceptional technology transfer system

in place. This encourages an influx of excellent researchers who

see the potential for marketing the products of their research.

This benefits the state in several ways:

1. It allows the students the opportunity to work and study

with the most brilliant minds in the research field;

2. It allows industries in this state a chance to utilize the

discoveries made; and

3. It encourages the growth of new industries.

It is therefore the intent of the Legislature that the State

Regents for Higher Education encourage individual institutions

within The Oklahoma State System of Higher Education to devise and

implement a plan to improve the technology transfer system within

this state. It is further the intention of the Legislature that

individual researchers be given a significant percentage of all

monies generated by the successful marketing of their inventions.